Senior Life Insurance Company Info

[rousemark]

MGA: John D's results are posted for all to see.. Does appear to be a Rock Star in the FE world. Is there a web page where we can review your results for comparison?..

http://www.efesonline.com/component/option,com_php/Itemid,4/id,376/lang,en/

BTW.. It is "YOU'RE A ROCKSTAR" not "YOUR A ROCKSTAR"

 

[arnguy]

Why isn't this thread in the Fight Club?

 

[Todd King]

MGA, I've held my tongue with all the ignorant things you post, but I just can't do it anymore.

I don't know where you think you have so much knowledge, but your ignorance shows with each and every post you make!

13th month persistency is just what it is. There is only one way to figure it out and you've been shown examples throughout this thread only to come back and comment with your ignorant statements.

Why don't you just do yourself a favor and sit back, learn and then post things of value instead of posting things of which you obviously have no knowledge of.

You may take this as an attack on you, but I'm really just trying to help you out. You have gained no credibility on here because you just talk and talk about things you are clueless about. It shows with everything you say.

 

[wave828]

MGA, I've held my tongue with all the ignorant things you post, but I just can't do it anymore.

I don't know where you think you have so much knowledge, but your ignorance shows with each and every post you make!

13th month persistency is just what it is. There is only one way to figure it out and you've been shown examples throughout this thread only to come back and comment with your ignorant statements.

Why don't you just do yourself a favor and sit back, learn and then post things of value instead of posting things of which you obviously have no knowledge of.

You may take this as an attack on you, but I'm really just trying to help you out. You have gained no credibility on here because you just talk and talk about things you are clueless about. It shows with everything you say.

Thank you TK.

MGA & Insuranceman - here's some simple math for you.

On business that was issued between January 1, 2011 and June 30, 2011, what percentage of that business (either in terms of premium dollars OR percentage of policies - you decide which) is still in force as of 13 months from the issue date of those policies?

This gives you a 6 month block of business to measure, so any one piece of bad business or bad month will not throw your persistency way off.

Is this math so hard to figure out? You're probably not going to answer the question though, so please just give us all a break and tell us that you're not going to answer the question, rather than pretending your persistency is above 70%. If it were high, you would have already stated as much.

 

[wave828]

Thank you TK.

MGA & Insuranceman - here's some simple math for you.

On business that was issued between January 1, 2011 and June 30, 2011, what percentage of that business (either in terms of premium dollars OR percentage of policies - you decide which) is still in force as of 13 months from the issue date of those policies?

This gives you a 6 month block of business to measure, so any one piece of bad business or bad month will not throw your persistency way off.

Is this math so hard to figure out? You're probably not going to answer the question though, so please just give us all a break and tell us that you're not going to answer the question, rather than pretending your persistency is above 70%. If it were high, you would have already stated as much.

Apparently the easiest way to make a thread go dead is to ask EXACTLY what the SL guys say that they want.

Anyone? Anyone?

 

[jacobtn]

**crickets chirping**

 

[theinsuranceman]

Apparently the easiest way to make a thread go dead is to ask EXACTLY what the SL guys say that they want.

Anyone? Anyone?

I could use your formula to calculate my persistency. Sounds very similiar to LH's formula from what I can remember.

Because I've written a decent volume of production over 6 mos., it'll probably take 1-3 hours to calculate and double check for accuracy using your formula.

I just don't feel like donating 3 hours of my time for free just to satisfy your curiosity about my pers. Remember that no matter what my pers. is there will be SL agents with better and with worse pers. than mine.

The best way to satisfy your curiosity is to get contracted with SL, write biz for 13 months, then calculate your own pers.

 

[Mattschmidt]

I could use your formula to calculate my persistency. Sounds very similiar to LH's formula from what I can remember.

Because I've written a decent volume of production over 6 mos., it'll probably take 1-3 hours to calculate and double check for accuracy using your formula.

I just don't feel like donating 3 hours of my time for free just to satisfy your curiosity about my pers. Remember that no matter what my pers. is there will be SL agents with better and with worse pers. than mine.

The best way to satisfy your curiosity is to get contracted with SL, write biz for 13 months, then calculate your own pers.

Insuranceman, you could ball park your persistency, but you just can't answer straight forwarded questions...It's this kind of behavior that leads to your agents leaving your agency...You are not straight forward with them either...this is a recurring problem with you

 

[rousemark]

Perhaps Senior Life is different but I have never been contracted with a company that didn't track 13 month (and some 24 month) persistency and make that information available to the agent. For example, when I pull up my agent information with Settlers I can readily see my persistency is 89% (lower than I would like) and with AGLA it is 100%.

Does SL not make this information available? I would think they would furnish monthly persistency reports.. especially to managers. I would expect them keep a manger informed as to the persistency of eveyone in their down line so you would know where improvement needs to be achieved.

 

[jdeasy]

Perhaps Senior Life is different but I have never been contracted with a company that didn't track 13 month (and some 24 month) persistency and make that information available to the agent. For example, when I pull up my agent information with Settlers I can readily see my persistency is 89% (lower than I would like) and with AGLA it is 100%.

Does SL not make this information available? I would think they would furnish monthly persistency reports.. especially to managers. I would expect them keep a manger informed as to the persistency of eveyone in their down line so you would know where improvement needs to be achieved.

Exactly!! Every company tracks it and it's readily available. When I log onto RNA's site it's right there in the upper right hand corner of the home page. Persistency, elasped ratio and not taken %. Foresters you do have the go to the persistency link. Same for Americo, Monumental, 5 Star, AmAm, etc. It's readily available if you just push one button.

When I wrote for LH I can't remember if it was on the website or not but it was on every commission statement that they sent.

Any agent that claims to not know their own persistency is being disingenuous at best.