Worst FE Carriers ? (your opinion)

[Mike Siegal]

No.
United pays AARP to use their logo and branding to market Med Sups.
Genworth paid AARP to use their logo to market LTC insurance. And MetLife did that before Genworth did.

I know a couple of agents who were 'career agts' with United (real nice setup). Every OE season they would get 100's of leads and closed 90% of them with United.

Not sure that is the case these days ?

 

[Newby]

I know a couple of agents who were 'career agts' with United (real nice setup). Every OE season they would get 100's of leads and closed 90% of them with United.

Not sure that is the case these days ?

As far as I know captive agents with United still get plenty of leads. They run a LOT of advertising. They are not competitively priced in many states so a much tougher sale in some states than others.

 

[HoosierLife]

I met with a lady today who was paying $110/month for $9K in coverage from Colonial Penn. She will now have many thousands more in coverage for just $3 a month more than she had been paying, and she will be getting back a nice check for the accumulated cash value. I love when they tell me they have Colonial Penn - God Bless Alex Trebek and his overpriced shilling!

So $1300 AP but terrible ROI as I Paid $20 for the lead but had to door knock her once a week for seven weeks before I finally found her home (her lead came in 7/2). I should have just thrown that lead in the trash a month ago.

PS It was a calendarleads.com Facebook lead ... I don't think even @HoosierLife believes me when I say I knock 'em til I meet 'em!

Calendar Leads

 

[goillini52]

No. Not at all. The co branding was purchased for years by Met Life and Genworth in the past.

Kind of like naming rights on a stadium or arena.

 

[goillini52]

For

What AARP was allowed to become was a separate entity that is not owned by an insurance company but can sell their "branding" to one insurance company in each category of insurance. They must make it clear that they are being paid for the branding partnership and that it's not an actual unbiased "endorsement."

So today they sell their co-branding to New York Life, United Healthcare, and the Hartford but each in separate categories of insurance. In the past it's been bought by Met Life and Genworth.

For a long time last century, AARP offered Prudential's Med Supp.

 

[goillini52]

So, you are saying that United Pays Genworth for the leads (essentially) ?

So, you are saying that United Pays Genworth for the leads (essentially) ?

 

[goillini52]

They have done a GREAT job of making it go away for the most part. You won't find the 60 Minute videos anywhere. But it was big news at the time. And back then AARP was not real well known outside of the seniors they were target marketing to.

https://www.washingtonpost.com/arch...30-83b0-469a-b1cc-2c44d5cb36e8/?noredirect=on

 

[tribetime32]

My vote is Transammendment

 

[Mike Siegal]

As far as I know captive agents with United still get plenty of leads. They run a LOT of advertising. They are not competitively priced in many states so a much tougher sale in some states than others.

Really...i thought United was competitive down here in s.fla. They dominate our market...

???

 

[DayTimer]

My vote is Transammendment

Yesterday:

Transamerica: "So you need the applicant to initial and date the change, and then have her sign and date that page. Also whenever any change is made to the application the the applicant must re-sign and re-date page 4 of the application."

Me: "Just send it with an amendment."

Transamerica: "No problem. We can do that .... Ok, amendment ordered."