Senior Life Services Vero Beach Fla

[Sethb2]

I almost signed the SLS out of Vero Beach....that is until I found this forum. I believe they started at 60% contracts, no vesting for three years. You get 30 leads a week, but who knows how old they are.

Major bait and switch sales pitch with a prescription card used as the door opener. Thank god I found this forum.

I was hooked into the company. Contract starts at 30% they retain 20% for charge backs. And still one names ends up on Vector One for back charges. Most of those clients cancel their policies once another agent comes behind with a better price . SLS claims the agent cancelled those policies which is BS. They retain all your renewals. Read the fine print before signing any contract.

 

[Baseball7]

So your on a 10% contract? 30% w/20 hold back? Just talked to a guy who thinks he's getting 80-100 fresh leads weekly in GA. Sorry dude your getting the aged of the aged leads there.

 

[Sethb2]

So your on a 10% contract? 30% w/20 hold back? Just talked to a guy who thinks he's getting 80-100 fresh leads weekly in GA. Sorry dude your getting the aged of the aged leads there.

They claim they offer 50%. But agents receives 30% only. They retain 20% which they hold back for back charges.
Fresh leads yes. But they are for free prescription, bait and switch to get to the door. Most low income reply to the leads and when I sell them Final expense policy they can afford it. To much cancellation. That is where I am. Many clients canceled on me and hence I was put on Vector One.

 

[Baseball7]

Liberty Bankers has a 10% hold back but on a far higher contract. I understand why they have such a nonspecific lead it's because they want to generate them at a higher rate all over the country at the lowest cost possible. Makes sense for the company does not make sense for the producer.

 

[Sethb2]

Liberty Bankers has a 10% hold back but on a far higher contract. I understand why they have such a nonspecific lead it's because they want to generate them at a higher rate all over the country at the lowest cost possible. Makes sense for the company does not make sense for the producer.

That is my point! The producer does all the work, driving for more than an hour depending on where the leads are generated.
A client pays a policy for 6 month then lapse it, but a producer is charged back for the entire amount.
The few who maintain their policies. However, the renewals belongs to SLS.

 

[Todd King]

That is my point! The producer does all the work, driving for more than an hour depending on where the leads are generated.
A client pays a policy for 6 month then lapse it, but a producer is charged back for the entire amount.
The few who maintain their policies. However, the renewals belongs to SLS.

Never assign your commissions! (only a very few exceptions to that).

 

[myinsurebiz]

They claim they offer 50%. But agents receives 30% only. They retain 20% which they hold back for back charges.
Fresh leads yes. But they are for free prescription, bait and switch to get to the door. Most low income reply to the leads and when I sell them Final expense policy they can afford it. To much cancellation. That is where I am. Many clients canceled on me and hence I was put on Vector One.

Sounds like you got bent over . . .

 

[Sethb2]

Sounds like you got bent over . . .

Yes i did

 

[myinsurebiz]

Sounds like you got bent over . . .

Yes i did

Seth - move to another SL recruiter or send me a message . . .

 

[Todd King]

Seth - move to another SL recruiter or send me a message . . .

Terrible advice. He should just get the hell away from them!