The best final expense carrier?

[theinsuranceman]

He’s giving 130% on a senior life contract equivalent to 130% at am am which most can get . Tells me Greg is at 140% min giving out 80-90% mostly . For a young guy recruiting Is we’re it’s at .

I wish I was at 140%. I am working on that right now since these new guidelines came out earlier this year. Everyone can promote them self to higher commission levels based on production. There is no upline to hold you back....you promote yourself!

As you can see, new agents start at 90% or higher. This protects new agents from getting abused with super low contracts. See the commission example below this image.



HERE'S THE INFO ON HOW YOU GET PAID:
Let's assume you are on an 90% contract (that's our starting contract and you can promote yourself up to 150%!), you order 20 fresh exclusive leads, and you only get 5 applications out of those 20 leads (15 out of 20 were no's!). Assume each of the 5 applications' monthly premiums is $55 each (which is average).

Here's what you would make:
$55 monthly premium x 12 months x 90% comm. x 60% advance =$356.40 advance commissions per sale.
$356.40 advance per sale x 5 sales = $1782.00 in advanced commissions earned. Your profit is $1782 - $640 (price of 20 leads) = $1142.00! Not bad. That's $1142.00 deposited into your bank account! Most of our sales team can knock out 20 leads in 3-4 days. That means you could work 20 leads each week, make $1142.00, work 3-4 days, and enjoy a 3-4 day weekend! In the winter time with shorter days it takes 4-5 days to knock out 20 leads.
AND
if your commission is higher than 90% you would make more. Also if you got 6 applications instead of 5 you would make $1498.00 in advances that week!
AND
since you get 60% commission up front, you get the other 40% on months 8-12 after deductions for charge-backs.
AND
starting on the 13th month you start receiving life time renewals FOREVER as long as that piece of business stays on the books!
PLUS
the lead charge is a tax deduction (Sr Life sends this figure to you at the end of the year for taxes).
PLUS
your mileage driven for business when using your personal vehicle is tax deductible too!
(For tele-sales you wouldn't be deducting any mileage.)

NOTE 60% ADVANCE WAS USED ABOVE. THAT'S SO CHARGE BACKS ARE DEDUCTED FROM THE BACKEND (40%) AND NOT DEDUCTED FROM YOUR ADVANCES.

75% ADVANCES ARE ALSO AVAILABLE BUT THEN THE CHARGE BACKS ARE DEDUCTED FROM YOUR ADVANCES JUST LIKE ALL THE OTHER CARRIERS.

As we can see, it's not the contract level, it's the contact level, that has the biggest influence on your success.

If your carrier(s) don't have a lead program available for you (TV, DM, etc.) OR your manager will not cosign for your leads ,so you can get those leads on credit, then call me for a confidential conversation.

Hope this info clarifies things.

Anyone should feel free to call me. This is not captive either.

 

[theinsuranceman]

Senior Life is one of their Core 5 companies.

What does that tell you ?

Tells me he's kinda smart.

 

[noah]

Why on earth would anyone want to start at 90% ?

He might as well bend over and hand the lube,condoms to the upline.

Why would any upline want to start an agent at such a low contract level ?

Does he think the agent is stupid ?

There are many IMO’s available to brand new agents that offer 115%-120% along with several companies to write Final Expense policies with,write many different types of health ailments with 1st day full death benefit ?

 

[theinsuranceman]

Why on earth would anyone want to start at 90% ?

He might as well bend over and hand the lube,condoms to the upline.

Why would any upline want to start an agent at such a low contract level ?

Does he think the agent is stupid ?

There are many IMO’s available to brand new agents that offer 115%-120% along with several companies to write Final Expense policies with,write many different types of health ailments with 1st day full death benefit ?

I never said an agent had to start at 90%, I only said they would never start less than 90%. Proof of production rules the day.

Remember, my agents can get leads financed. Most other places agents have to put up approx. $2000 to prepay for 4 1000 piece mailings each spaced a week apart. That's a big risk I take, other uplines with other carriers don't do that for their agents. The agents' charge backs never is deducted from advances, it comes off the back end. That's another risk I incur.

I also bet the agent above, at 90% and making 5 average size sales out of 20 fresh leads, will make more $$$ than you at your 115%-120%. How do I know this? Because bro....you spend too much time up here.....lol.

Have a nice day!

 

[goillini52]

Why on earth would anyone want to start at 90% ?
Because they're stupid.
He might as well bend over and hand the lube,condoms to the upline.

Why would any upline want to start an agent at such a low contract level ?
Because they're greedy.
Does he think the agent is stupid ?
Yes.

 

[Baseball7]

My comp’s pretty transparent. What’s the issue?

 

[Baseball7]

Senior Life is one of their Core 5 companies.

What does that tell you ?

Tells me they have a lead program able to generate direct mail in parts of the country nobody else is able to.

Tells me they’re able to pump out a contract and get an agent into the field quicker than anybody else.

Tells me there willing take feedback and criticism on their product and processes in the hopes of adding distribution.

tells me i’m willing to make any competitive product available to my group from SL all the way to KSKJ.

 

[Baseball7]

Maybe one day you can sell out to Integrity like John Wetmore and Andrew Taylor.

John is actually pretty good people. And if the worst thing in life to happen to me is a deal like him and Andrew struck with integrity then sign me up for that.

 

[noah]

Anyone ever notice how the response is spin,deflect,and attack ?

1. How can someone brand new have proof of production?

2. The absolute worst thing

3. How come the comp is not at the level given out by FEX ?Todd ?

4. What about releases ? Are they quick to give one when the agent becomes enlightened on what he could be making ?

5.If SL is so good how come FEX doesn’t offer it ?

 

[Baseball7]

5.If SL is so good how come FEX doesn’t offer it ?

Because a world does exist outside fex contracting.