Thinking About Getting into the Final Expense Industry

quackattack99

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Hello, I am new to this forum, and just looking for some info. I initially became interested in selling final expense insurance about two years ago. I talked to some folks from Lincoln Heritage, and even spent a day with one if their agents, shawdowing him on his sales calls. As I recall, he had a pretty successful day, as he wrote two new policies. He was a very nice guy, and seemed sincere about the income he was making. I believe it was in the $60,000 annual range. Another opportunity came up, and I took it. Thus, putting the final expense sales idea on the back burner. I am now reconsidering it, and have talked to a few different companies. My questions are this; How hard is it to make it in this field? What is the washout rate?. Not looking to get rich here at all, but would like to make a decent income. Do most agents make a decent income, in the $50 to $60K range annually, after they pay for leads, gas, chargebacks, etc? What are some of the better companies to go with? I have been pretty impressed with Lincoln Heritage so far, but not locked in at this point. I apologize for the long post, and sincerely appreciate any straight advice anyone on here may be albe to offer..:biggrin:
 
Hello, I am new to this forum, and just looking for some info. I initially became interested in selling final expense insurance about two years ago. I talked to some folks from Lincoln Heritage, and even spent a day with one if their agents, shawdowing him on his sales calls. As I recall, he had a pretty successful day, as he wrote two new policies. He was a very nice guy, and seemed sincere about the income he was making. I believe it was in the $60,000 annual range. Another opportunity came up, and I took it. Thus, putting the final expense sales idea on the back burner. I am now reconsidering it, and have talked to a few different companies. My questions are this; How hard is it to make it in this field? What is the washout rate?. Not looking to get rich here at all, but would like to make a decent income. Do most agents make a decent income, in the $50 to $60K range annually, after they pay for leads, gas, chargebacks, etc? What are some of the better companies to go with? I have been pretty impressed with Lincoln Heritage so far, but not locked in at this point. I apologize for the long post, and sincerely appreciate any straight advice anyone on here may be albe to offer..:biggrin:


Welcome to the forum!

Everyone is different. It really all depends on you and what you put into this career. This is a career and not a job.

It will be important for you to learn to prospect. Most lead companies these days suck. You got to find a way to get in front of people and answer their questions that most of them will have. Most people don't understand how insurance works.

Don't be afraid of Failure. You will miss up a lot in this business before you make it.

You can call me anytime and I will give you some free ideas that might help you.
 
Quackattack, Lincoln Heritage has been very good to Newby. You may want to contact him to find out why or you can do a search in this forum (use the Search function). Best to check before you sign up with LH.
 
Quackattack, Lincoln Heritage has been very good to Newby. You may want to contact him to find out why or you can do a search in this forum (use the Search function). Best to check before you sign up with LH.


They were good to me today. I replaced for a lady that had a LH $10K policy paying $34/month with a $15K policy for $40/month. The lady was thrilled.
Thank you LH.
 
Arnyguy, I tried, but I can't PM him because I am new, and don't have enough points. If you have some other contact info for Newby, I would appreciate it. Tins, I would love to talk to you as well!!
 
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