Originally Posted by AtlantaLife&Health
No it doesn't have to be paid back. Your training will consist of reading a stack of books at home and then going over them with your manager. Your training will also consist of writing down the name of every person that you know and trying to set up appointments with them to "show them what you do at Mutual of Omaha."
I agree and disagree at the same time. Yes, you don't have to pay back the financing plan, it's a bonus. You also get a production bonus on top of financing.
I disagree with training comment. Product knowledge training, yes, for a whole week. It will all depend upon your manager. Some will go with you on your appts the first couple of months, show you how to do a needs analysis, recommend products, etc. Basically hold your hand. Some will just let you swim with the sharks right away.
Some divisions will let you work their orphans. I heard some charge new agents for orphans. It depends upon your manager. Some give a prospecting account for new agents. I heard some don't have them.
As they always say, the manager, not the company will break or make you. Get as much info as possible during your interview. It's a 2-way street. Talk to other companies, NYL, MetLife, MassMutual, Genworth, etc. See who's a good match with your personality.