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New zero premium life insurance policy/life settlements
- Thread starter maryjd123
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- #293
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My guess is that you are a nine year old doing a school project, a disgruntled postal employee or a lama masquerading as an insurance poster.
Melmuch posted the numbers quite eloquently. Somebody loses, and it's not going to be the insurance company or bank (as I said earlier).
And now... speaking of fantasy...back to checking my fantasy baseball teams. Can Gordon get the save tonight?
- 2,370
I have placed $1,000,000 in cash in a locker in NC.
I know you'll hate this, but I am not telling you what locker. But for $10 you can sign up to get the treasure map with clues leading to it. Hurry, already have 3000 agents that signed up (tell your friends since I need 100,000 agents to break even).
Good luck everyone!
- Thread starter
- #296
Senior the only apps I will be scrubbing are my agents here in Wyoming -- like I said here before
I had a very nice conversation with a gentleman today -- one who called me about this thread
we discussed alot of things -- I won't go into much of a detail -- just one -- I am one person -- I am the Part D Lady here in Wyoming -- thats me
15 agents in my own hierchy here is more than I will be able to handle ( according to what I have heard about thru conference calls ) -- yes you are right in saying I will have to scrub these applications -- but can you imagine have to do verification calls for 100 different agents? and btw I was told that this had to be done by the manager -- not someone else -- that way you take personal interest in what your agents are doing -- and if one application is bogus -- that agent gets terminated -- if 2 agents apps are bogus -- You are terminated -- does anyone think that I would want that responsibility for agents that I don't know personally????
Everyone that has contacted me -- did not go on my hierchy -- it went to my managers ---
Now here is a question -- if anyone else would want this responsibility of a manager -- I know lots of agents that would want to sign up under you...
So again -- here we go again....
and Senior I am not leaving the forum -- and again it wouldn't be because of you --- I have had a short temper lately and I apologize if I am extra bitchey. but I won't be posting about the zero premium any longer -- all i wanted since the beginning is for everyone who was interested in this product as an agent -- to get the info that was needed and be able to be signed up as an agent with a good company and be happy
and of course again -- if it works out with everyone than great -- if not then at least it was a good dream
Surmising
Surmise: Definition "An idea or opinion based on insufficiently conclusive evidence; a conjecture." "A judgment, estimate, or opinion arrived at by guessing."
Mary, don't give these people any more of your time. You said you were done on this thread. Everyone seems to know it all, how the actuaries HAVE TO WORK, etc. As I stated in an earlier reply, these (so called experts) are like the sports analysts who all seem to know exactly what is going to happen in the coming season. Why so dogmatic about what is so unknown? Mary, don't dignify these people with any further dialogue. If it happens and becomes a great blessing to seniors and agents; it will be worth it all. EXAMPLE OF BAD SURMISING: "Lets say that the average length that these old people will live from today is 20 years." Hello, how many 80 year olds are going to live to 100? It is for 65-85 year olds and the average lifespan for that group is 84 months. Now do the math with an investor and 100 clients. Do the math for an investor where the client dies in the first year. That is an amazing return on his money. Probably several hundred percent in fact. If it is an average of 7 years, the investor would easily profit 15, 20% plus. The investors are not going to make this move without understanding ALL THE RISKS. It is the law of large numbers. Some will be a minimal return or even a loss. Some will be massive returns. That is simple investment risk spread. Say you can't give away something? I have done a lot of MA's and because I am passionate about a zero premium, my clients are as well. It is all how you look at it. But here is my favorite of all. I am ripping myself off as an agent for what I could be making a lot more commission per deal with any other insurance company. Hello! How many of these size policies are you writing in a day now? I would rather have 4 $250 commissions than 1 $1,000 commission any day. And some people seem to be forgetting that they have to have a client agree to paying the healthy premiums to help them earn that $1,000 commission. NO chargebacks. No competition. Any one I sell a larger policy to can get a competitor's quote, have them come to their door after me etc. Do the math people, this is going to far outperfom. The only possible issue with me is the senior and I do love them. By the way, I enjoyed chatting with you on the phone Mary. I really recommend that those who are so convinced this is a scam; your voice has been heard, let it rest!
Surmise: Definition "An idea or opinion based on insufficiently conclusive evidence; a conjecture." "A judgment, estimate, or opinion arrived at by guessing."
Mary, don't give these people any more of your time. You said you were done on this thread. Everyone seems to know it all, how the actuaries HAVE TO WORK, etc. As I stated in an earlier reply, these (so called experts) are like the sports analysts who all seem to know exactly what is going to happen in the coming season. Why so dogmatic about what is so unknown? Mary, don't dignify these people with any further dialogue. If it happens and becomes a great blessing to seniors and agents; it will be worth it all. EXAMPLE OF BAD SURMISING: "Lets say that the average length that these old people will live from today is 20 years." Hello, how many 80 year olds are going to live to 100? It is for 65-85 year olds and the average lifespan for that group is 84 months. Now do the math with an investor and 100 clients. Do the math for an investor where the client dies in the first year. That is an amazing return on his money. Probably several hundred percent in fact. If it is an average of 7 years, the investor would easily profit 15, 20% plus. The investors are not going to make this move without understanding ALL THE RISKS. It is the law of large numbers. Some will be a minimal return or even a loss. Some will be massive returns. That is simple investment risk spread. Say you can't give away something? I have done a lot of MA's and because I am passionate about a zero premium, my clients are as well. It is all how you look at it. But here is my favorite of all. I am ripping myself off as an agent for what I could be making a lot more commission per deal with any other insurance company. Hello! How many of these size policies are you writing in a day now? I would rather have 4 $250 commissions than 1 $1,000 commission any day. And some people seem to be forgetting that they have to have a client agree to paying the healthy premiums to help them earn that $1,000 commission. NO chargebacks. No competition. Any one I sell a larger policy to can get a competitor's quote, have them come to their door after me etc. Do the math people, this is going to far outperfom. The only possible issue with me is the senior and I do love them. By the way, I enjoyed chatting with you on the phone Mary. I really recommend that those who are so convinced this is a scam; your voice has been heard, let it rest!
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Who are you? How long have you been in the business?
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