This thread isn't going to work out in your favor and is a losing argument. Too many educated active insurance professionals who replace SL and other similar carriers frequently. If you're selling on price you will never win and if you are recruiting on commission you will definitely never win. I'd yield in your position
Went to the SL meeting
- Thread starter billyb
- Start date
- 4,843
You sound like you are describing the way you do business. Is the bold above talking about you...lol. Is this a Freudian slip on your part? You seem particularly familiar with what you are saying....lol.
You are very misinformed. Every single situation I described above qualifies for what I said it did. If you don't think so maybe a moderator will hold your $1000 and my $1000 and may the truth be paid...lol.
Do you even have a grand to put up CHUMP? Wanna accept my challenge to you CHUMP? Come on CHUMP, let's you and me provide some entertainment for the forum. Heck the forum members could make side bets with each other on who's going to be correct. What do ya say CHUMP? As Clint Eastwood would say...."make my day" CHUMP....lol. Talk to me boy....lol.
You aren't even appointed with Sr Life so how would you know any of what you just said?
I don't need to say you are a stupid imbecile....you're making that case for me....lol. And you're a pretty good salesman convincing the forum how stupid you are....lol. Take a deep breath and laugh with us....at you...lol.
You always sound so angry. You do know, don't you, that successful people don't talk the way you do. Successful people are positive, even during the most trying times. But you....well you sound like a bitter old man loser with your constant negativity. And it's every week. Losers are the whining cry babies...right CHUMP?
Anyway, to show my positive side, I wish you a great and prosperous day. Wait a minute...the day is almost over....lol. Let me wish you a happy prosperous week coming up. The best to you.
I have no further comments about this except are you going to put a $1000 to back up your filthy mouth?
- 4,843
120 with $375 per 1000 mail drop. Does your upline give you that? We can go above 120 for those with some serious production. And I'll finance your charge backs so they come out of the back end rather than coming out of your advances. Does your upline do that for you?
Share with us your rates for the described situations. I never said SL is the cheapest rate in all situations, but they definitely have the better rate in other situations.
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Greg its funny every SL and LH i run into i blow away and replace .All these fantasy prices i never see . In telesales your double screwed because the person will not even answer the phone and i'm on the ground. I replaced a huckster LH agent last week. The guy collected cash so she had immediate insurance till her billing date. I gave her 50% more coverage and we called LH to cancel it . Called new business . They tried to save it to no avail. The lady asked for her cash back and the woman said none was sent in. They called the agent and he said" I'm about to sent it in but i'll bring it by her house next week" . The lady said no let him send it in and let the company mail it to me. So many dirty LH and SL agents i run into. Fred whats SL's vesting rules? I've never heard one single SL agent say he left SL yrs ago and is getting his renewals . I assure you if an agent leaves and doesn't pay his advances back immediately he'll be vectored . Maybe a non biased former SL agent can answer this . Thats right theres none on the board . lol. I get renewals from 10 yrs ago on co's of $75 a yr still.
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120 is a normal level for most agents WITHOUT serious product, simply average production. We do not do $375/1000 mail drops because we run direct mail on a fixed lead cost program with exclusive leads at $28 a lead that is not bait and switch. Question is, can you do that? Rates are not really worth me typing to be honest, but I can assure you 9.8/10 times can replace you. The .02 is the ultimate preferred, which isn't even worth writing due to the haircut in comp and less than 8% of your clients qualify for, perhaps less than that. Like I said, it is not going to be thread you will enjoy. Independent agents are predominately on the forums and most certainly will win the debate. As long as your agents are successful and agents that work with you are genuinely making money, I am happy for you and wish you the best success in your business. To compare rates, just go to FEXQuotes are you will notice that Senior life is always at the bottom, I love SL, they generate a ton of money for me in replacement situations!
- 7,012
Dude everyone is running that state regulated tax free program card.
But us
We do a set price lead. Most states are $20-$25. Some as low as $17.
And check out this card:
Dropbox - AXLLIS_PC_1019 FINAL.pdf - Simplify your life
But us
We do a set price lead. Most states are $20-$25. Some as low as $17.
And check out this card:
Dropbox - AXLLIS_PC_1019 FINAL.pdf - Simplify your life
- 4,843
Hey CHUMP! Has anyone lent you the $1000? You sound so ignorant again in this post. Ever heard of live transfers? Leads going straight to your smart phone as Ms. Jones just called the TV commercial. Leads that request a quote from the website? And more that you are not even aware of...lol.
You certainly do lie about replacements too. Replacements happen but not nearly as frequently as you state. If replacements happened the way you portray then LH would have gone out of business by now, wouldn't you agree.
SL agents are vested with their very 1st sale.
Get your grand together and let's play ball....lol. Maybe your independent buddies can pool their $$$ together and lend you that grand....lol.
- 4,843
That's great! But I see the bigger players up here saying a normal level is 110% to 120%. I'm not saying 110% nor 115%. I'm saying 120%. $375 per 1000 dropped or fixed price leads as follows....SL's DM leads are $25 in most states. $25 is cheaper than your $28 wouldn't you agree? No PO boxes either. And you've not even posted how directly worded your leads are. Our leads are generated by the carrier, not by me or any other managers. That way SL agents know their leads are fresh and exclusive. They never have to worry about some manager cherry picking thru the agent's leads before the agent gets them. They also never have to worry about buying old leads that have been worked by other agents beforehand.
No bait and witch with our leads. They say "life insurance" and "funeral expenses" on them. They also say "not affiliated with nor endorsed by the US Government, Federal Medicare Program, nor any State Agency. Returned card requests free info about life insurance underwritten by Senior Life Insurance Company, Thomasville, Ga." These people know why they mailed the card in. Our agents just don't hear "I thought this was something free from the gov't".
Agents can also get 20 FRESH, EXCLUSIVE leads on credit every week as long as they are producing. Do you cosign for your agents so they can get 20 fresh exclusive leads every week on credit? Or do you make them prepay for their leads before they get to work them?
And charge backs deducted from the back end not from your advances. Do you or your upline put charge backs on the back end and not deducted from advances? If the carrier receives app and pic of check before 3pm est do they advance the agent that same night?
No need to go back and forth because everyone up here thinks they are in the best place.....otherwise they'd be somewhere else, right?
And I'm actually enjoying this thread. It helps me with recruiting.
Wish you the best in the FE jungle.
All agents/managers that want to talk about this opportunity should call me for a confidential conversation. This platform is especially attractive for leaders that want to build a team. The leader doesn't put any $$$ up for the DM drop for their agents, Sr Life does this. After all, they've got the deep pockets and your agents never have to worry about being resold old leads or worrying about someone calling thru their leads before they get the leads.
Call me....252-292-3350.
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- 4,843
Dude everyone is running that state regulated tax free program card.
But us
We do a set price lead. Most states are $20-$25. Some as low as $17.
And check out this card:
Dropbox - AXLLIS_PC_1019 FINAL.pdf - Simplify your life
That's a good looking lead. SL has almost the exact same wording for one of their newer leads.
I see it also has the wording Sr Life has been using: "not affiliated with the US Government or Federal Medicare Program". Helpful hint....Tell the proof readers that "or" should be replaced with "nor" if you wish to be grammatically correct. You don't want a retired english teacher receiving this card and noticing that grammatical error and forming a negative impression. Still a good looking DM piece.
What's the response rate like?
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- 7,012
Very good. We can offer set price leads, with no long term commitments, at $20-$25 in most states. Georgia is $31 and that's the highest.
Agents can order 20 at a time at the set price or $385 per 1000.
These are at cost prices. I'm starting to realize RGI, and possibly the IMOs themselves, are jacking up the prices considerable.
Also, I think they just cast a wide net and mail just to those in the FE demographic.
Our lead house uses proprietary lead scoring technology to only mail to those that are more highly likely to want what we're offering.
That means our mailhouse can get a better response with the same amount of mail sent out.
We can get a better response with a much clearer worded card.
As any FE manager will attest, dealing with the "I thought this was free/something from the government" objection is what causes most agents to fail (assuming they have a good worth ethic that is).
Using leads, whether they be direct mail, Facebook, google display ads or whatever that clearly talk about life insurance and having a cost associated with it, will make the agent's job much easier.
If combined with lead scoring technology and artificial intelligence, not only can the agent spend less money per lead, but close leads easier and more efficiently.
With some of our AI scraper bots, we have access to all those that search for "Final Expense Insurance" "senior life insurance" and "burial insurance" on Google.
Retargeting folks that are actively searching for what we sell drives down the Cost Per Lead and the agent's Cost Per Acquisition.
If you want to work with a group that will make your life easier and is always staying on the cutting edge of technology, feel free to reach out. Schedule a Time Convenient For You - Final Expense Entourage
