Pre-Need Or Not???????????

[lgreen]

Last week I inquired about selling pre-need through one of my companies who also does FE. I don't know much about pre-need. My FE guy put me in contact with the pre-need manager and turns out they represent one of the main funeral homes where I live. The funeral home has a brand new location, they have six in all. Their new location is very nice, state of the art. Met with the rep from the company and the funeral home guy and basically if comes down to free leads and I would be able to continue to sell FE with them with the funeral home getting an override. The only draw back is they would want me to cancel my other contracts with FE companies to ensure that I am not selling FE with other companies on their leads. Has anybody else done this and made as much money as selling FE?

 

[Newby]

Last week I inquired about selling pre-need through one of my companies who also does FE. I don't know much about pre-need. My FE guy put me in contact with the pre-need manager and turns out they represent one of the main funeral homes where I live. The funeral home has a brand new location, they have six in all. Their new location is very nice, state of the art. Met with the rep from the company and the funeral home guy and basically if comes down to free leads and I would be able to continue to sell FE with them with the funeral home getting an override. The only draw back is they would want me to cancel my other contracts with FE companies to ensure that I am not selling FE with other companies on their leads. Has anybody else done this and made as much money as selling FE?

If you get good at PreNeed you can make a lot of money with it. In the beginning you won't be on a great commission level. You have to prove yourself.

If you are making all the money you need at FE, I wouldn't change course. If you are seeking something slightly different, Preneed could be your ticket.

Through the years I've tried to train traditional life agents into pre-need. I don't recall any of those going well because they are too premium focused. Let them train you with a clear mind.

 

[peteybear]

Hate to bring it up newby but we have a new street level with trans: He's one of many





Join Date: Jun 2011

Posts:2,444

State: TwiLight is an Insurance Agent from Michigan


TwiLight is a member of 1000 posts VIP club
Transamerica FE Contracts at 120% FYC Transamerica FE Contracts at 120% FYC Go to Top

LEGACY is offering an opportunity for agents to contract with Transamerica Life Insurance Co and have access to all Transamerica Life Products.
•Final Expense - 120% FYC, 7% 2-5 Renewal
•Term Life with Living Benefits - 105% FYC, 3% 2-10 Renewal
•Universal Life - 110% FYC, 2% 2-10 Renewal
•Index Universal Life - 95% FYC, 3% 2-5 Renewal
All under one contract at the highest commission levels without proof of prior production.

Bonuses available with with just $25,000 I/P with Transamerica over your first 12 months.

Contact Legacy to learn More.

Skipper

 

[Newby]

I did catch that today Petey. That's what I was looking for last week. It raised the bar for everyone. New street is 120% for everyone. All Trans products now available to all agents too.

See that's the free enterprise system at work. Fex agents all got a raise today and I'm pretty certain all the other competitive IMOs have done or soon will do the same.

 

[peteybear]

I like the trans living benefit term .Did a 30 yr level (one of the few term co's that does 30 yr till age 59) on a 57 yr old for $750k. I sell it as quasi di policy for people who'll never buy a di policy.

 

[WholeLife]

I did catch that today Petey. That's what I was looking for last week. It raised the bar for everyone. New street is 120% for everyone. All Trans products now available to all agents too.

See that's the free enterprise system at work. Fex agents all got a raise today and I'm pretty certain all the other competitive IMOs have done or soon will do the same.

That's good news on the Trans raise! Now if they would only fix their app, their website and a few other things, they would be a good company to have.

 

[Newby]

That's good news on the Trans raise! Now if they would only fix their app, their website and a few other things, they would be a good company to have.

One step at a time.

 

[lgreen]

You do know if you want to talk about TA maybe you should start a new thread about it. Just saying.

 

[WholeLife]

You do know if you want to talk about TA maybe you should start a new thread about it. Just saying.

Yes Sir...............

 

[senior-advisor-indiana]

Hate to bring it up newby but we have a new street level with trans: He's one of many

Join Date: Jun 2011

Posts:2,444

State: TwiLight is an Insurance Agent from Michigan

TwiLight is a member of 1000 posts VIP club
Transamerica FE Contracts at 120% FYC Transamerica FE Contracts at 120% FYC Go to Top

LEGACY is offering an opportunity for agents to contract with Transamerica Life Insurance Co and have access to all Transamerica Life Products.
•Final Expense - 120% FYC, 7% 2-5 Renewal
•Term Life with Living Benefits - 105% FYC, 3% 2-10 Renewal
•Universal Life - 110% FYC, 2% 2-10 Renewal
•Index Universal Life - 95% FYC, 3% 2-5 Renewal
All under one contract at the highest commission levels without proof of prior production.

Bonuses available with with just $25,000 I/P with Transamerica over your first 12 months.

Contact Legacy to learn More.

Skipper

So now since the bet is off I guess you can now list the IMO's you were talking about that offered higher than 115% street level trans.