Selling Other Products As a Captive Agent

[napoleon83]

I recently started in the insurance business with Aflac. I am finding it to be impossible to make a living in my area with Aflac. I have been trying and only been able to make about 500 a month. Due to this I have gotten to the point where I can not pay my rent. The point of all this is I have recently interviewed with a captive company that not only will give me a salary I feel I will get better training. During the interview I was told I can not sell other products such as Aflac. My question is can I still sell Aflac with out them knowing or will I have to give up my appointment? Will they actually know if I sell any other brands while under their captive company?

 

[Newby]

I recently started in the insurance business with Aflac. I am finding it to be impossible to make a living in my area with Aflac. I have been trying and only been able to make about 500 a month. Due to this I have gotten to the point where I can not pay my rent. The point of all this is I have recently interviewed with a captive company that not only will give me a salary I feel I will get better training. During the interview I was told I can not sell other products such as Aflac. My question is can I still sell Aflac with out them knowing or will I have to give up my appointment? Will they actually know if I sell any other brands while under their captive company?

Don't accept the job if you can't do what is required.

 

[xrac]

They can find out your appointments through your Department of Insurance. You have to give them up if you are captive and they do not allow it.

 

[Denise509]

Did you interview with Farmers...................

 

[DHK]

I am with a captive company. I was "told" (in writing) to write each company and have my appointments cancelled.

But when signing the contract, they said I could keep my appointments... just don't write any business. I said I wanted to keep them to write business on myself and my own immediate family... and they said that would be fine.

I wouldn't dare try to become appointed with any new companies while with a captive company.

Be an honorable agent. Be trustworthy with your clients and your company. It'll affect your reputation with them and yourself.

 

[napoleon83]

Did you interview with Farmers...................

I interviewed with Monumential Life Insurance. From the research I have done and things they say it seems to be a good company to start with so I can get better training
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I am with a captive company. I was "told" (in writing) to write each company and have my appointments cancelled.

But when signing the contract, they said I could keep my appointments... just don't write any business. I said I wanted to keep them to write business on myself and my own immediate family... and they said that would be fine.

I wouldn't dare try to become appointed with any new companies while with a captive company.

Be an honorable agent. Be trustworthy with your clients and your company. It'll affect your reputation with them and yourself.

I do not plan on getting more appointments I just want to keep the appointment I already have with Aflac. I do not want to lose the business I already have through Aflac and I want to have the ability to still service the customers I already have.