PRIYNotYou
Expert
- 48
Bob and to all of you on this forum....
I respect all of you as a 37 year veteran in you mist....
I'm a simply saying Why Not Consider Primerica as a legitimate middle market distribution model.....
We as an industry are failing the middle market.... Per LIMRA numbers... Life sales are down annually from 40 years ago 50% will the population has grown by over 100 mill people.... We are old.... Stale and Pale.... Average age of an insurance agent is 59..... We increasingly only sell to the wealthy... And we are pitiful at adopting technology....
Only 4% of total life sales taking place direct to consumer....
Our friends at Met attempting to sell at Walmart thru DIY kiosk is a failure...
Our friends at Prudential experimented with part time agents... Failed due to no real support...
We all give lip service to sell to the middle market.... But we don't....
We face pressure from Washington.... To tax annuity and Cash Values because we only really sell to the wealthy...
Bob's and other quote systems are elitist wealthy focused..... $500k and above policies are focused
Doesn't allow for showing selling a husband/wife policy, with one policy fee at an average of $250,000.....
Doesn't do a good job of showing different benefits on Term policies.... They are not all created equal in features, renewal options and renewal rates.....
Primerica does have a new TermPro product that is a stripped down, cheap term product.... That has Male Female rates.... Bob you new to get those rates
We all need to respect them for what they do and that they are different.... But they are the only co that shows up at Main Street tables in mass, very ethically diverse, young and profitable .... Check out the numbers PRI now that they are public.....
Seems that
Lincoln Financial, Met, Genworth, Legg Mason..... And many others see them as legitimate distribution into this market.....
And we should be man enough..... just saying.....
I respect all of you as a 37 year veteran in you mist....
I'm a simply saying Why Not Consider Primerica as a legitimate middle market distribution model.....
We as an industry are failing the middle market.... Per LIMRA numbers... Life sales are down annually from 40 years ago 50% will the population has grown by over 100 mill people.... We are old.... Stale and Pale.... Average age of an insurance agent is 59..... We increasingly only sell to the wealthy... And we are pitiful at adopting technology....
Only 4% of total life sales taking place direct to consumer....
Our friends at Met attempting to sell at Walmart thru DIY kiosk is a failure...
Our friends at Prudential experimented with part time agents... Failed due to no real support...
We all give lip service to sell to the middle market.... But we don't....
We face pressure from Washington.... To tax annuity and Cash Values because we only really sell to the wealthy...
Bob's and other quote systems are elitist wealthy focused..... $500k and above policies are focused
Doesn't allow for showing selling a husband/wife policy, with one policy fee at an average of $250,000.....
Doesn't do a good job of showing different benefits on Term policies.... They are not all created equal in features, renewal options and renewal rates.....
Primerica does have a new TermPro product that is a stripped down, cheap term product.... That has Male Female rates.... Bob you new to get those rates
We all need to respect them for what they do and that they are different.... But they are the only co that shows up at Main Street tables in mass, very ethically diverse, young and profitable .... Check out the numbers PRI now that they are public.....
Seems that
Lincoln Financial, Met, Genworth, Legg Mason..... And many others see them as legitimate distribution into this market.....
And we should be man enough..... just saying.....
