Hi,
I am seriously thinking about getting into the insurance business. Specifically I want to get into FE and Term life.
First and foremost:
I am trying to figure out what is in it for an FMO (Final Expense Contracting looks awesome but I'm trying to figure all of this out)? Do they get a cut of commission? What is the difference between going through an FMO and working directly with the insurance companies themselves?
also,
Please correct me if I'm wrong but my take is that Term is for generally for younger people in good health while FE tends to be for older folks with perhaps some preexisting conditions.
I guess my question here is if I focus on FE shouldn't I have a good term policy available in the event for example I am at a local business expo or start knocking on doors and I meet 40 year old wife who wants insurance for her husband.
Thanks in advance for your advice.
I am seriously thinking about getting into the insurance business. Specifically I want to get into FE and Term life.
First and foremost:
I am trying to figure out what is in it for an FMO (Final Expense Contracting looks awesome but I'm trying to figure all of this out)? Do they get a cut of commission? What is the difference between going through an FMO and working directly with the insurance companies themselves?
also,
Please correct me if I'm wrong but my take is that Term is for generally for younger people in good health while FE tends to be for older folks with perhaps some preexisting conditions.
I guess my question here is if I focus on FE shouldn't I have a good term policy available in the event for example I am at a local business expo or start knocking on doors and I meet 40 year old wife who wants insurance for her husband.
Thanks in advance for your advice.