Selling Life Ins

Jun 15, 2008

  1. JCK818
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    JCK818 Guru

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    I need help guys. I have both Life/Health and p/c.. The brokerage I work for specializes in P/C and is not very organized when it comes to selling Life Insurance. They use Dunhill Marketing and it's a nightmare getting a quote from them. What can I do? I don't really want to quit the job. Can I simply place products with other companies? :twitchy:
     
    JCK818, Jun 15, 2008
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  2. HomeService
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    Are you captive?
     
  3. JCK818
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    no way
     
    JCK818, Jun 16, 2008
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  4. TimLett
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    TimLett Super Genius

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    If not captive, then find some other carriers and contract away.
     
    TimLett, Jun 16, 2008
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  5. JCK818
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    IS IT TRUE THAT THEY DO A CREDIT CHECK WHEN THEY ARE CHECKING YOUR BACKGROUND FOR APPOINTMENTS? My credit kinda sucks...
     
    JCK818, Jun 16, 2008
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  6. JCK818
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    Also, Would I Need To Get My Own E&o Policy?
     
    JCK818, Jun 16, 2008
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  7. padthaiforlunch
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    padthaiforlunch Guru

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    Yea, they pull your credit.

    As for E&O, I would think you would want your own policy. Runs about $500/yr. Find a good GA.

    If you google for fmo's you will find a number that have term quote engines with no log on reqs.
     
  8. SportsNut
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    SportsNut Guru

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    Your credit shouldn't be that big of an issue for being appointed but most carriers will not authorize annualization if your credit is sketchy... So you are looking at as-earned life business for the most part.
     
  9. HomeService
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    I second the notion for you to go "as earned", especially if you have had credit problems. An advance program is like giving yourself an open checkbook against a loan, or an ATM against a loan. The stuff lapses, it must be paid back, yet you have been loaned $$ in the meantime.
     
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