We need a Baltimore Life contract for Tele-Sales. . .

[Todd King]

No - just decided one wasnt a good fit after trying their tele-sales process yesterday. Rates were okay - but higher than LBL and SL 50% of the time - so, not worth using.

Actually, the most you can get without proof of production is 117.5%. For a 120% you'll have to show 250K in the last 12 months, which you can't. Now, if someone has offered you more than the 117.5%, you might want to double-check before you sign the contract. I'm not saying that some strings couldn't be pulled, but I just know what Baltimore tells us the criteria is. In all actuality, with a good business plan you might be able to persuade them to start you off higher.

 

[rousemark]

Balt is basically a waste of time in the sense you don't get paid till the client pays there first premium payment. With a tele-sales operation you need cash flow. Just get Foresters and RNA. MOO if you get someone who has email and you need a low price. Just focus on 1 or 2 companies that's it.

What

Balt is basically a waste of time in the sense you don't get paid till the client pays there first premium payment. With a tele-sales operation you need cash flow. Just get Foresters and RNA. MOO if you get someone who has email and you need a low price. Just focus on 1 or 2 companies that's it.

Unless an agent was really tight on money what difference would it make that you don't get paid until the client pays? In fact, that is the best way as it eliminates some charge backs.

 

[myinsurebiz]

Balt is basically a waste of time in the sense you don't get paid till the client pays there first premium payment. With a tele-sales operation you need cash flow. Just get Foresters and RNA. MOO if you get someone who has email and you need a low price. Just focus on 1 or 2 companies that's it.

We have Foresters and RNA and MoO . . . But - I agree on just 2 companies + SL. SL & LBL do well on <50 for tele-sales . . .

 

[suranceman]

Balt is basically a waste of time in the sense you don't get paid till the client pays there first premium payment. With a tele-sales operation you need cash flow. Just get Foresters and RNA. MOO if you get someone who has email and you need a low price. Just focus on 1 or 2 companies that's it.

RNA closed their doors to new people for voice signature.

 

[suranceman]

Actually, the most you can get without proof of production is 117.5%. For a 120% you'll have to show 250K in the last 12 months, which you can't. Now, if someone has offered you more than the 117.5%, you might want to double-check before you sign the contract. I'm not saying that some strings couldn't be pulled, but I just know what Baltimore tells us the criteria is. In all actuality, with a good business plan you might be able to persuade them to start you off higher.

You always post stuff like this. Let me give you a news flash. Every carrier bends their rules. They don't operate along these hard line rules you suggest they do.

Maybe they do for you, but for others that have leverage, they bend.

I know you won't believe me, but I know guys with big contracts that don't have the production you claim is necessary to achieve said contracts.

As with most things in business, who you know can go a long way.

 

[myinsurebiz]

RNA closed their doors to new people for voice signature.

I've had RNA for tele-sales. Just not user friendly.

 

[Todd King]

You always post stuff like this. Let me give you a news flash. Every carrier bends their rules. They don't operate along these hard line rules you suggest they do.

Maybe they do for you, but for others that have leverage, they bend.

I know you won't believe me, but I know guys with big contracts that don't have the production you claim is necessary to achieve said contracts.

As with most things in business, who you know can go a long way.

Yes I do because I actually do this for a living and do know what the criteria is. I also said this: "In all actuality, with a good business plan you might be able to persuade them to start you off higher."

I can prove that they won't just give the average Joe Agent an above street contract just because he sounds like a nice guy on the phone. Can you prove otherwise?

 

[suranceman]

Yes I do because I actually do this for a living and do know what the criteria is. I also said this: "In all actuality, with a good business plan you might be able to persuade them to start you off higher."

I can prove that they won't just give the average Joe Agent an above street contract just because he sounds like a nice guy on the phone. Can you prove otherwise?

I can but I won't because then I would comprise myself and said individuals who have contracts with carriers that are higher than what they deserve according to the carriers posted production guidelines.

 

[Todd King]

I can but I won't because then I would comprise myself and said individuals who have contracts with carriers that are higher than what they deserve according to the carriers posted production guidelines.

Ummm....sure....ok, if you say so.

 

[NSRH]

You always post stuff like this. Let me give you a news flash. Every carrier bends their rules. They don't operate along these hard line rules you suggest they do.

Maybe they do for you, but for others that have leverage, they bend.

I know you won't believe me, but I know guys with big contracts that don't have the production you claim is necessary to achieve said contracts.

As with most things in business, who you know can go a long way.

Bending the rules, is the rules with carriers.