Should I Start Selling Term

Jan 7, 2016

  1. Mll0016
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    Mll0016 Expert

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    Hello all,

    I've been in the final expense market for a little over a month now. I think I could close a lot more business if I had term in my back pocket. Was wondering how I go about finding an IMO to help me get my feet off the ground.

    I'm also looking into getting health license.

    Some questions I have:

    What is commission % with term?
    Is it advanced?
    Would you recommend doing both final expense and term or just stick to one?
    Do i need to create a website?

    Any other help would be greatly appreciated.

    Cheers,
     
    Mll0016, Jan 7, 2016
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  2. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    70% plus
    Yes...75%
    Yes
    No
     
  3. Mll0016
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    Mll0016 Expert

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    Thanks.
    Best company to go through as an independent ?
     
    Mll0016, Jan 7, 2016
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  4. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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  5. pcbinsurance
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    YES!!!!!!!!!!------------>
     
  6. jdeasy
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    jdeasy Guru

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    Depends. How are you doing selling FE? Do you intend to specialize or be a jack of all trades?

    Even if the intent is to be a jack of all trades I would suggest mastering one first then adding other products.

    To answer your questions, 70% to 120% is what I have on term.

    I don't take advances but it's available with most if I wanted to.

    I would stick with one. I wrote over 300 applications in 2015. 3 of those were term. My direct upline wrote more applications than I did and none of them were term.

    No, you do not need a website.
     
    jdeasy, Jan 7, 2016
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  7. sayedhesham
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    sayedhesham New Member

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    What is commission Percent with term?
     
  8. Foreverfury
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    When i plug a new final expense agent into Mutual of Omaha, Foresters, etc, 120% comp usually translates to around 130% on simplified issue term.
     
  9. Mattschmidt
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    Mattschmidt Guru

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    i hate how ken and adams life brokerage ripped me off on phony leads, and gave me bad contracts. stay away
     
  10. pcbinsurance
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    pcbinsurance Guru

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    And ******POOF****** his signature block magically disappears. That's what he gets for his Spamtastic Saturday efforts.
     
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