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Guest
Guest
Wow!! That is VERY expensive...
Remember that NYL is not loyal to you. They may say they are but at the end of the day business is business. Your loyalty should be to your clients and your clients only.
Having said that, you did a disservice to the client. If he drops dead next month his family will be short $450K. Most players in the term business can do 40yr male Non-Tob STANDARD $700K 20yr for $105-$115...
Are you going to pony up the extra $450K when his youngest gets accepted to Harvard???
Who did you really help in this transaction?
1) You got a crummy commish
2) Your client got shorted 5 yrs of coverage and $450K in coverage that he could easily get elsewhere...
3) NYL gets away with charging ham price$ for bologna
Looks like NYL is the only winner here.
When your clients go online and get other life quotes (and they will), your "good name" and your "good reputation" will turn to rubbish...
How do you feel about NYL Now???
Point of order. Another agent here who claims over 30 years of experience selling life insurance told Sim Antic that he had done a good job.
Now you come along and TOTALLY contradict that.
Whom are we, who don't have over 30 years of experience, to believe... you or the other agent who told us he has so much experience and whom we would presume to be an expert in life insurance sales?
No wrong answer, I'm just trying to learn.
Thanks.