Final Expense Commissions

theinsuranceman · 08-03-2009, 10:02 PM

What would be the highest commission contract a final expense manager could expect with the following info:

1) 10+ years experience in personal production and recruiting,

2) Experience working just about every version of direct mail leads,

3) Has written for just one co. the whole time,

4) 7 years experience in the field and 3 years selling over the phone,

5) Has a group production averaging $12k-$20k per week,

6) Can train and grow a team,

7) Can personally write $3500-$5k per week with less than 45 hours of effort,

8) Complains about twice per year.

Anyone have any info to share with me?

insuranceexec · 08-03-2009, 10:22 PM

Originally Posted by theinsuranceman

What would be the highest commission contract a final expense manager could expect with the following info:

1) 10+ years experience in personal production and recruiting,

2) Experience working just about every version of direct mail leads,

3) Has written for just one co. the whole time,

4) 7 years experience in the field and 3 years selling over the phone,

5) Has a group production averaging $12k-$20k per week,

6) Can train and grow a team,

7) Can personally write $3500-$5k per week with less than 45 hours of effort,

8) Complains about twice per year.

Anyone have any info to share with me?

What is your persistency rating? If the answer to your question is good then you could expect an IMO level with participation in back end bonus money.

Give me a call if you would like.

Newby · 08-04-2009, 08:21 AM

Originally Posted by theinsuranceman

What would be the highest commission contract a final expense manager could expect with the following info:

1) 10+ years experience in personal production and recruiting,

2) Experience working just about every version of direct mail leads,

3) Has written for just one co. the whole time,

4) 7 years experience in the field and 3 years selling over the phone,

5) Has a group production averaging $12k-$20k per week,

6) Can train and grow a team,

7) Can personally write $3500-$5k per week with less than 45 hours of effort,

8) Complains about twice per year.

Anyone have any info to share with me?

Looking to expand beyond Lincoln Heritage? I think that's smart. They seem to work well for you with the phone sales but if you have a team of agents in the field you can grow much quicker by having other tools.

Insurance Exec has some big contracts.

I'd also call Brad Aden at 360 Financial.

moonlightandmargaritas · 08-04-2009, 08:54 AM

Originally Posted by theinsuranceman

Complains about twice per year.

About what?

theinsuranceman · 08-04-2009, 08:58 AM

Originally Posted by moonlightandmargaritas

About what?

When a prospect can't be closed. LOL

myinsurebiz · 08-04-2009, 12:51 PM

LOL - you guys fell for the bait.

You actually think Greg is going to leave his money cow?

This dude bleeds LH green . . .

Tom

theinsuranceman · 08-04-2009, 01:14 PM

Tom, there is no bait..whatever that means. I am trying to find out what is available for someone with my background. You are correct..I may not leave LH (no chargebacks deducted from advance comm. is hard to beat). But I owe it to my wife and family to maximize my earnings.

And, I am happy with the Powell Group. They eat, drink, and breathe Final Expense just like me.

I appreciate the feed back I am getting.

myinsurebiz · 08-04-2009, 01:32 PM

I hear ya Greg.

Why not just join their Inner Circle and become a ring leader?

You evidently have what it takes . . .

Good luck in whatever you do.

Those powell fellas don't like giving out big contracts . . .

Tom