Association Member Benefits Advisors

Bob_The_Insurance_Guy · 04-26-2007, 01:13 PM

Has anybody had any dealings with Association Member Benefits Advisors? I received a letter from them yesterday, wanting me to sell to retired teachers, I guess.

Before I respond, I'd like to get some feedback.

Thanks.

*STIBROKER@AUSTIN.RR.COM* · 04-26-2007, 03:25 PM

Originally Posted by Bob_The_Insurance_Guy

Has anybody had any dealings with Association Member Benefits Advisors? I received a letter from them yesterday, wanting me to sell to retired teachers, I guess.

Before I respond, I'd like to get some feedback.

Thanks.

Let me guess.....they want you to sell them free life insurance.....

happy · 04-26-2007, 03:33 PM

I received a letter from them as well early this year. It even included what looked like a letter of endorsement to the retired teachers by the Texas Retired Teachers Association. I talked to someone on the phone and they said that it was a captive position. I wasn't really interested in a captive position so I did not get a lot more info.

somarco · 04-26-2007, 04:15 PM

These guys?

Believe they sent me a letter last year about selling LTCi to teachers.

I passed.

Bob_The_Insurance_Guy · 04-26-2007, 06:35 PM

Thank you. My decision is made.

Superchief · 04-27-2007, 09:03 AM

Captive Organization ran by Ex-President of United Teacher Associates Insurance Company.

MizMontana · 05-12-2009, 12:28 PM

Worked for them. Complete waste of time

newguywithquestions · 05-27-2009, 09:15 PM

MizMontana,

Can you please elaborate on your post regarding AMBA? I am talking with a guy there tomorrow and cannot find much info online. They are a blank in Hoovers. Parent company? Sales style? Compensation structure? Pointed questions I can ask this guy would be beneficial. I need more info to evaluate these guys.

Thank you very much for the help,

Vince

TRK3031962 · 05-27-2009, 10:09 PM

Seems to me, while UTA is a good company with some good products, I'll be willing to bet this guy gives out poor contracts. If anybody does contact them, let me know what they say...I'm going out on a limb here and say I give out better if not much better on UTA than he does.

newguywithquestions · 05-27-2009, 10:22 PM

Thanks Todd,

I'll let you know what they offer up.

Vince

TRK3031962 · 05-27-2009, 10:32 PM

Yeah, then call me...I'll tell you what I give and then you can tell me if I made it down that tree without falling! LOL

newguywithquestions · 05-27-2009, 10:43 PM

So is their 'hook' the fact that they are endorsed by various state teacher retirement groups? How common is this in the industry? What are comparable companies?
I have gathered that AMBA is owned by the NEA, correct?
Where does UTA come into play? What are the relationships b/t them all?
Thanks again. I'm slowly putting this together...have to say it should not be this hard if the opportunity is this good. One would think established insurance salespeople would be lining up.

Best,

Vince

TRK3031962 · 05-27-2009, 11:35 PM

No, I don't think the NEA owns them or endorses them at all. I'm not sure how it all plays out, but I think the guy just found a niche market and went with it is all. He built an association is all and is using UTA for the name. UTA, by the way, is United Teachers Associates...not Association.

matilda654 · 05-31-2009, 05:41 PM

So did you ever meet with them or work for them? I am considering joining their organization. Need some advice, please.

newguywithquestions · 06-03-2009, 08:44 PM

Met with them. So far everything checks out, from the IRTA (Illinois' retired teachers association) to policy holders I contacted via mutual friends. They paint a nice picture. One would know very quickly if it is real the first week. I'm looking to talk w/ active agents this week to get a better feel from people selling on a daily basis.
Let me know if you find anything else out and I will do the same.

niceguy059 · 06-18-2009, 08:08 AM

Any update on AMBA?

moonlightandmargaritas · 06-18-2009, 08:14 AM

No.

niceguy059 · 06-18-2009, 08:31 AM

I'm also considering going to work with them? Do you have info on them good or bad?

matilda654 · 06-19-2009, 08:52 AM

Originally Posted by newguywithquestions

So is their 'hook' the fact that they are endorsed by various state teacher retirement groups? How common is this in the industry? What are comparable companies?
I have gathered that AMBA is owned by the NEA, correct?
Where does UTA come into play? What are the relationships b/t them all?
Thanks again. I'm slowly putting this together...have to say it should not be this hard if the opportunity is this good. One would think established insurance salespeople would be lining up.

Best,

Vince

You would think, but they are not lining up because it is NOT the great opportunity they lead you to believe!

niceguy059 · 06-19-2009, 08:56 AM

Any first hand info?