Register here to view the forum without ads

Insurance Agent Forum
Join our Facebook Fan Page  Join our LinkedIn Group of Insurance Agents  Follow Insurance Agents Forum on Twitter
Currently Online: 196
Members: 12,913
Discussions: 14,844
Messages: 195,126
Views: 7,746,024

Go Back   Insurance Agent Forum > Insurance Agents and Brokers Forum > Senior Insurance Forum
REGISTER Forum Rules Search Today's Posts Mark Forums Read

Scroll down for a discussion on Final Expense Sales Over Phone? within the Senior Insurance Forum.

Anyone know of a company or program that I can do final expense (and possibly medicare supplement) over the phone where I don't have to ...


Reply to Final Expense Sales Over Phone?
Old 07-09-2009, 05:04 PM   #1
New Member
 
Join Date: Apr 2009
Posts:4
State: Ferradinho is an Insurance Agent from Washington
Final Expense Sales Over Phone?             Go to Top

Anyone know of a company or program that I can do final expense (and possibly medicare supplement) over the phone where I don't have to visit their home?
I have a few non-resident licenses but I am in WA where I have found out the options for this are basically non-existent. I am 5 minutes from Portland so I would be willing to make visits if anyone knows of a good product in OR.
Any input is much appreciated...
Choose Insurance Type

Enter Zip Code
Ferradinho is offline  

Reply With Quote to Final Expense Sales Over Phone?

Register Now for FREE!
Are you an Insurance Agent Forum member yet? To sign up for your FREE INSTANT account, fill out the form below!

Username:     Password:   Confirm Password:     E-Mail:   Confirm E-Mail:

    Question of the day:   How many zeros does 100 have? Agree to forum rules 


Old 07-09-2009, 05:24 PM   #2
Guru
 
Join Date: Sep 2006
Posts:3,395
State: arnguy is an Insurance Agent from Pennsylvania
Re: Final Expense Sales Over Phone?             Go to Top

Use the search function on this forum. This topic has been discussed ad nauseam.
arnguy is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-09-2009, 05:46 PM   #3
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by Ferradinho View Post
Anyone know of a company or program that I can do final expense (and possibly medicare supplement) over the phone where I don't have to visit their home?
I have a few non-resident licenses but I am in WA where I have found out the options for this are basically non-existent. I am 5 minutes from Portland so I would be willing to make visits if anyone knows of a good product in OR.
Any input is much appreciated...

Yes..call Greg 252-292-3350 anytime. I've been selling Final Expense entirely over the phone last 3 years. 7 years in the field before I started selling over the phone. You MUST be willing to be trained on this method and you will need to purchase 20 (or more) leads per week. Leads are $15 each and pre-qualified to have either checking or savings account. The beauty of the phone is you can find the "yesses" and the "no's" much quicker.

With the training your close ratio is about the same as in the field and persistency is about the same also if you follow our system. However, you MUST be fully committed to doing this full-time. If you just want to do this part time don't bother because you are setting yourself up for failure. Takes about 5 hours of practice with our script so you will sound natural, because on the phone you do NOT want to sound like a sales person or a telemarketer. You don't even want to sound like an insurance agent either.

Takes about 20-30 hours to work 20 leads on the phone because sometimes you have to call someone 5 or more times before you catch them. You should close 4,5, or 6 of the 20 leads. 1st week you'll probably only close 3 of the 20 leads because you are going through the learning curve.

Some people on this forum knock the idea of selling on the phone...either because they have never tried it or they were unsuccessful because they had lousy training. My agents average $2000 - $5000 per week of annualized production each...because they follow our system EXACTLY. If still interested feel free to call me.
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-09-2009, 07:26 PM   #4
Guru
 
Markingriffin on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: May 2008
Posts:2,139
State: Markingriffin is an Insurance Agent from Georgia
Send a message via AIM to Markingriffin
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by theinsuranceman View Post
My agents average $2000 - $5000 per week of annualized production each...because they follow our system EXACTLY. .
I like to make that kind of money staying at home and just talking on the phone. $260,000 a year staying home. Hmmm.

I must be doing something wrong.

I would think selling health ins would be easier then selling F.E. over the phone.

You are the 1st person, that I talked to that has told me that they make $100,000 plus staying at home, and just selling over the phone. How many agents do you have making 2,000 to 5,000 a week?
------------------------------------
Mark Rosenthal aka markingriffin
IMO/Ins Agent/Agent Trainer/Free Advice
markcrosenthal@aol.com www.realfastservice.com
Please visit mywebsite to learn more about me.
Email me for my Free Prospecting MP3 Tapes.
Markingriffin is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-09-2009, 09:25 PM   #5
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by Markingriffin View Post
I like to make that kind of money staying at home and just talking on the phone. $260,000 a year staying home. Hmmm.

I must be doing something wrong.

I would think selling health ins would be easier then selling F.E. over the phone.

You are the 1st person, that I talked to that has told me that they make $100,000 plus staying at home, and just selling over the phone. How many agents do you have making 2,000 to 5,000 a week?

The commission is more like $1200 - $2000 per week because some business falls off the books. Sorry you don't believe me. Also high quality leads help.
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 12:32 AM   #6
Super Genius
 
Join Date: Mar 2009
Posts:20
State: Augustus is an Insurance Agent from Texas
Re: Final Expense Sales Over Phone?             Go to Top

What constitutes a high quality lead praytell??????????????

Gee, where do I and others sign up? Is there enough room for all of us?

This gets so old. "Have to commit" bullshit.

"The beauty of the phone is you can find the "yesses" and the "no's" much quicker"

Really?!

Ferradinho, look brother, weeding through the maze of crap on this forum is mind boggling. Take your time and devour it top to bottom. You will find great information from some of the pro's. You will learn to know who they are. Markingriffin is one of them as well as several others. But don't get to excited until you really use your due dilligence.

Just a word of caution.

If I've ofended anyone, you can apologize to me later
Augustus is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 09:46 AM   #7
Expert
 
Tom Highway on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Feb 2009
Posts:213
State: Tom Highway is an Insurance Agent from Alabama
Re: Final Expense Sales Over Phone?             Go to Top

Wise words.

Originally Posted by Augustus View Post
What constitutes a high quality lead praytell??????????????

Gee, where do I and others sign up? Is there enough room for all of us?

This gets so old. "Have to commit" bullshit.

"The beauty of the phone is you can find the "yesses" and the "no's" much quicker"

Really?!

Ferradinho, look brother, weeding through the maze of crap on this forum is mind boggling. Take your time and devour it top to bottom. You will find great information from some of the pro's. You will learn to know who they are. Markingriffin is one of them as well as several others. But don't get to excited until you really use your due dilligence.

Just a word of caution.

If I've ofended anyone, you can apologize to me later

Tom Highway is online now  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 10:42 AM   #8
Guru
 
emptyeternity on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Jan 2009
Posts:488
State: emptyeternity is an Insurance Agent from Ohio
Send a message via Yahoo to emptyeternity
Re: Final Expense Sales Over Phone?             Go to Top

Whats the contract rate again greg?
emptyeternity is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 10:53 AM   #9
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by Augustus View Post
What constitutes a high quality lead praytell??????????????

Gee, where do I and others sign up? Is there enough room for all of us?

This gets so old. "Have to commit" bullshit.

"The beauty of the phone is you can find the "yesses" and the "no's" much quicker"

Really?!

Ferradinho, look brother, weeding through the maze of crap on this forum is mind boggling. Take your time and devour it top to bottom. You will find great information from some of the pro's. You will learn to know who they are. Markingriffin is one of them as well as several others. But don't get to excited until you really use your due dilligence.

Just a word of caution.

If I've ofended anyone, you can apologize to me later

A high quality Final Expense lead is one that is less than 24 hours old, pre-screened to have a bank account (for advance comm. and persistency), and expressed an interest in talking to an agent for info on enrolling in a plan so their family can afford the funeral costs,etc.

By the way...the original poster was asking about this opportunity and I shared with him what I do. If he's not interested that's fine.

Don't believe this conversation involves you. You seem to be a wounded agent who is pi-ss-ed. Even if you were interested I would turn you down. I believe your Mexican accent would hurt your performance. Cheers!
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 10:59 AM   #10
Guru
 
SportsNut on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Apr 2008
Posts:1,454
State: SportsNut is an Insurance Agent from Indiana
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by theinsuranceman View Post
I believe your Mexican accent would hurt your performance. Cheers!
Huh...? I believe the ACLU is demanding an ip address search now. Better go sell some more surance so you can afford the legal fees, once the fun begins.
------------------------------------
"A successful man is one who can lay a firm foundation with the bricks others have thrown at him."
David Brinkley
SportsNut is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 11:02 AM   #11
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by emptyeternity View Post
Whats the contract rate again greg?

Single agent starts at 70% with 65% advance. The other 35% is divided by 12 and you start receiving 1/12 of the 35% NEXT MONTH (called the pay-thru). Chargebacks NEVER come out of advanced commissions, they are deducted from the pay-thru. Helps an agent make $$$ and not have to over come charge backs before they can make a dime. Also helps keep agents from hopping co. to co. when they face chargebacks.

Commissions climb based on production. Starting commission can be higher than 70% if a manager brings a team on board.
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 11:21 AM   #12
Guru
 
myinsurebiz on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Feb 2008
Posts:1,074
State: myinsurebiz is an Insurance Agent from Georgia
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by theinsuranceman View Post

Takes about 20-30 hours to work 20 leads on the phone because sometimes you have to call someone 5 or more times before you catch them. You should close 4,5, or 6 of the 20 leads. 1st week you'll probably only close 3 of the 20 leads because you are going through the learning curve.
So - you have agents closing 1 out of 5 leads - and sometimes 3 out of 10?

This is hard to believe.

What is the average monthly premium?

If your system is that great AND "proven" - I could send you 20 agents a month . . .

Originally Posted by theinsuranceman View Post

Commissions climb based on production. Starting commission can be higher than 70% if a manager brings a team on board.
Like how much higher Greg?

Tom
myinsurebiz is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 11:33 AM   #13
Guru
 
emptyeternity on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Jan 2009
Posts:488
State: emptyeternity is an Insurance Agent from Ohio
Send a message via Yahoo to emptyeternity
Re: Final Expense Sales Over Phone?             Go to Top

Uh oh, tom vs gregg, whos got the REAL final expense phone system??? LOL
emptyeternity is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 11:35 AM   #14
Guru
 
GreenSky on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:4,483
State: GreenSky is an Insurance Agent from California
Re: Final Expense Sales Over Phone?             Go to Top

This is going to be great! Nobody has more experience bullsh*tting us than Tom and he's going after Greg.

Grab the popcorn and a coke and wait for the feature to start.

Rick
------------------------------------
ILIAA
Training, Community, Support, and Success
Independent Life Insurance Agents Assn
rick@iliaa.org
GreenSky is online now  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 11:57 AM   #15
Guru
 
myinsurebiz on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Feb 2008
Posts:1,074
State: myinsurebiz is an Insurance Agent from Georgia
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by emptyeternity View Post
uh oh, tom vs gregg, whos got the REAL final expense phone system??? LOL
Actually - if Greg's system is indeed as successful as he states - I'd partner with him, send him hundreds of agents a year and make some serious dough just managing those agents . . .

Originally Posted by GreenSky View Post
This is going to be great! Nobody has more experience bullsh*tting us than Tom and he's going after Greg.

Grab the popcorn and a coke and wait for the feature to start.

Rick
Ah Ricky - you always saying things that make me blush.

Tom
myinsurebiz is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 12:03 PM   #16
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by myinsurebiz View Post
So - you have agents closing 1 out of 5 leads - and sometimes 3 out of 10?

This is hard to believe.

What is the average monthly premium?

If your system is that great AND "proven" - I could send you 20 agents a month . . .



Like how much higher Greg?

Tom


Tom we have spoken on the phone before. The closing % I have posted is accurate. Why would I lie? I'm not a desparate recruiter.

Send me 20 agents a month? Sounds good to me. I only want to speak with full-time totally commited to this opportunity. Yes this is CAPTIVE. Don't like captive? Stay where you are.

As Moonlight and Marguritas has said "92% of the people in our industry fail". Seems like I am in the 8% that are successful with this. I am puzzled why people are degrading something they have never tried. No..not really surprised..because they sound like the 92% who are the losers.

Ave. monthy premium is about $40-$50.
- - - - - - - - - - - - - - - - - -
Originally Posted by myinsurebiz View Post
Actually - if Greg's system is indeed as successful as he states - I'd partner with him, send him hundreds of agents a year and make some serious dough just managing those agents . . .



Ah Ricky - you always saying things that make me blush.

Tom

Tom call me....Greg....252-292-3350. If you can recruit this heavily and are serious call me.

Last edited by theinsuranceman : 07-10-2009 at 12:07 PM. Reason: Posts merged
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 12:13 PM   #17
Super Genius
 
Join Date: Mar 2009
Posts:20
State: Augustus is an Insurance Agent from Texas
Re: Final Expense Sales Over Phone?             Go to Top



AWWW geez! Are Hispanics welcome?
Augustus is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 01:22 PM   #18
Guru
 
Join Date: Mar 2009
Posts:348
State: theinsuranceman is an Insurance Agent from North Carolina
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by Augustus View Post


AWWW geez! Are Hispanics welcome?

Yes..my wife is from Argentina. But YOU are NOT welcome. (And neither are illegal Mexicans).
theinsuranceman is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 01:31 PM   #19
Super Genius
 
Join Date: Mar 2009
Posts:20
State: Augustus is an Insurance Agent from Texas
Re: Final Expense Sales Over Phone?             Go to Top

Originally Posted by theinsuranceman View Post
Yes..my wife is from Argentina. But YOU are NOT welcome. (And neither are illegal Mexicans).
Absolutely AMAZING! God bless ya!
Augustus is offline  

Reply With Quote to Final Expense Sales Over Phone?
Old 07-10-2009, 02:00 PM   #20
Guru
 
emptyeternity on Final Expense Sales Over Phone? - Insurance Agent Forum
 
Join Date: Jan 2009
Posts:488
State: emptyeternity is an Insurance Agent from Ohio
Send a message via Yahoo to emptyeternity
Re: Final Expense Sales Over Phone?             Go to Top

Uh oh, tom and greg teaming up?? lol
Choose Insurance Type

Enter Zip Code
emptyeternity is offline  

Reply With Quote to Final Expense Sales Over Phone?
Reply to Final Expense Sales Over Phone?

  Insurance Forum > Insurance Agent Forum > Insurance Agents and Brokers Forum > Senior Insurance Forum



Thread Tools
Display Modes

Similar Threads with Final Expense Sales Over Phone?
Thread Thread Starter Forum Replies Last Post
Is anyone going to the Convention (National Agents Alliance) (NAA dvd493 Life Insurance Forum 1231 10-14-2009 06:34 AM
Need Final Expense Focused organization inreverse Senior Insurance Forum 76 10-30-2008 02:38 AM
Should I use Lincoln for final expense???? MaineInsuranceGuy General Insurance Agent Discussions 13 10-06-2008 11:29 AM
Shenandoah New Final Expense Product DELAYED! Joe Moore Senior Insurance Forum 0 08-27-2008 09:16 PM
Bad Final Expense Product Newby Senior Insurance Forum 13 08-06-2008 11:18 PM



All times are GMT -5. The time now is 10:25 AM.


Powered by vBulletin® Version 3.6.12 Secure
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0