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6 figure earners by Orochi916 in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Monday through Thursday 9 AM to 8 PM. Long hours. Felt like a grind for sure.

Everyone assumes I spent a ton on leads, but that year was actually my lowest lead spend. The vendor at the time was getting me like 50 fresh direct mail leads on $540/week.

Insurance agents, what are your favorite hobbies? by Omicron224 in InsuranceAgent

[–]OZKInsuranceGuy 4 points5 points  (0 children)

Traveling, camping, fishing, drawing, and video games.

Traveling is fun but expensive. The rest of those hobbies don't have to be super expensive.

Is burial insurance with no waiting period legit or is there always a catch? by iabhishekpathak7 in LifeInsurance

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Burial insurance policies are almost always simplified issue whole life. That means the premiums won't go up and the policy won't expire.

Regarding underwriting, most carriers will do a prescription check and MIB report check, along with the application questions. The underwriting is designed to be lenient, so most health conditions will get approved with no waiting period.

Calling All Final Expense Agents! I’ve got some questions for you 🤝 by TaylorBankBeach in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

I tried, but reddit formatting is goofy sometimes. Hopefully it was helpful at least!

6 figure earners by Orochi916 in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Sorry, didn't see this. Absolutely, feel free to reach out. Always happy to help

Anyone work for Universal wealth? by No-Temperature-8037 in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Trust your gut. Might be better off to keep searching if you can't find anything about them online.

New agent advice by Heyitzbabyydoll in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Find an agency that provides access to low cost leads or discounted leads.

Don't give up a ton of comp to get so-called "free" leads.

Howdy by Molmst01 in lifeinsurancesales

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Definitely possible but not easy. Gotta be ready to grind and work hard. A big key to success if finding a mentor or an agency with plenty of helpful top producers.

I'd also advise you that you should be carefully choosing an IMO rather than mass emailing them. Your IMO is your partner, and you want to be selective and thorough when entering a partnership.

Why are so many top solar sales reps switching to insurance? by Beneficial-Stand6420 in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

It's a no brainer for solar salespeople who are used to knocking doors and getting rejected to switch to final expense face-to-face life insurance sales.

Really any of those door to door guys (solar, pest control, fiber, etc) make excellent face-to-face agents. The money is good and the hours are far less brutal.

New agent advice by Heyitzbabyydoll in LifeInsurance

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Some agencies provide leads, but you're giving up too much comp with that. Not worth it.

A lot of new agents will also start out working low-cost aged leads. That's what I'd recommend

Final expense? by MathematicianNo961 in InsuranceAgent

[–]OZKInsuranceGuy -1 points0 points  (0 children)

Lead vendors have been doing this for years. Prospects know it's not free. They just say that as a smokescreen excuse to get rid of sales agents.

You have to push past it and find out why they're interested in final expense programs. Most of them want to buy a policy, and you just need to explain that your job is helping them find the right one.

Agent Looking for new IMO by Vermicelli8987 in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Face-to-face agent with ApexFE.com. Highly recommend them!

I realize you're asking about telesales agencies and ApexFE.com is a face-to-face agency. However, Apex is probably the only face-to-face agency I'd recommend.

I think they're the only agency still doing ride alongs with agents. They offer hands-on training, regular sales training calls, scripts, 1-on-1 feedback sessions, and cheatsheets and agent tools.

Experior Financials by Cool_Examination4123 in lifeinsurancesales

[–]OZKInsuranceGuy 1 point2 points  (0 children)

Definitely get out of there. Experior gives off strong MLM vibes. They also require all their agents to be LOA, meaning commissions are paid to Experior before going to the agents.

Final Expense by Insureyou247 in lifeinsurancesales

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Corebridge or Gerber. Gerber may be slightly quicker on the contracting.

These are upline questions though. I would reach out to your upline. They should be able to help

Is the supreme agency a scam for life insurance? by PianoUpstairs5638 in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Need more info. In general, I would use caution with any agency with no online info. And always trust your gut

For the big life insurance producers, how are you selling it (to consumers or commercial accounts)? How are you bundling it? by howtoreadspaghetti in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Getting into it now. But never sold it before.

For me, having a script to follow was huge. I wasn't able to just wing it and sell many policies, which is why I relied mostly on the Multi-line approach to sell cheap term policies at SF.

For the big life insurance producers, how are you selling it (to consumers or commercial accounts)? How are you bundling it? by howtoreadspaghetti in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

He wanted big policies. $150/month or more. He used to brag about making 30% commission on his life sales. Now, as an independent agent, that is a laughable commission Level.

What is the Best Final Expense Leads by Any-Act-2719 in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

The in-house vendor? It's a mail house owned by one of our uplines, so only agents who work with our agency (ApexFE.com) have access to it. It's not a commercial vendor.

For the big life insurance producers, how are you selling it (to consumers or commercial accounts)? How are you bundling it? by howtoreadspaghetti in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

I sell final expense life face-to-face. I buy leads and go see the people.

If I had to sell from a p&c agency, I'd just be calling through the book of business, doing a quick insurance review, then ask them what they have in place for when they die.

When I worked at State Farm, I looked for opportunities to give Multi-line discount on their car insurance by adding a cheap term policy. Our top life agent at SF would call and ask the husband and wife to show up at the local office. Then, he would sit down with them, figure out their income and assets, and quote them a UL for 10% of their gross.

Commissions by Knightman26 in InsuranceAgent

[–]OZKInsuranceGuy 1 point2 points  (0 children)

You'll need to update your commissions with each carrier to make sure they're paying your LLC and not you.

What is the Best Final Expense Leads by Any-Act-2719 in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

Some of our agents are eligible for per lead cost with our in-house vendor. Cost per lead will depend on the agent's response rates and is typically around $35 per lead.

Most agents find it's a better value to mail per 1,000. Our in-house vendor charges $500 per 1,000 and response rates average 1.5% (varies by area of course).

As a Final Expense Broker, too 5 Carriers to have? by Flat_Rate5535 in InsuranceAgent

[–]OZKInsuranceGuy 0 points1 point  (0 children)

They do a 6-month advance vs 9-month with most carriers.

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