Finding Info on Selling Final Expense by Phone

Daytona_Guy · 07-29-2009, 09:18 AM

Originally Posted by Graham

We represent both Foresters and Oxford and both allow sales over the phone. Give me a shout if you want more info.

Foresters most certainly does not allow sales by telephone.
As a matter of fact, you have to have the PHI done while you are there in the home with the client - not an option to have it done later.

Foresters is a great company (we have them) but they're not allowing sales by phone.. one that is, though, is Standard Life & Accident Insurance Company (SLAICO) out of Texas. They have a 100% telephone enrollment where you make the sale and then do a three-way call with a company rep who then takes over for the billing information, etc. The commission is 105% and it's a GREAT, agent-friendly company!

maroonman · 08-31-2009, 11:02 AM

I am interested in Final Expense Telesales. I want feedback on them, good or bad. Thanks.

Daytona_Guy · 09-01-2009, 08:06 AM

Originally Posted by maroonman

I am interested in Final Expense Telesales. I want feedback on them, good or bad. Thanks.

Asked and answered here:
Insurance Agent Forum

lavvygirl · 09-29-2009, 03:24 PM

Originally Posted by ling

Does Lincoln Heritage take telephone application? How competitive its rates? Do you have to contract with senior life to make sales over the phone? How much commission do you expect? Do you need to be a captive agent? Do you need to assign commission to them? Thanks.

I'm contracted with lincoln heritage life and certain states they don't finace your leads i need a real cheap lead program

magagent · 10-01-2009, 10:30 AM

When did Lincoln Heritage stop "financing leads" for their captive agents?

inreverse · 10-01-2009, 12:50 PM

I think it depends on the area GA

floridachrissy · 10-01-2009, 07:55 PM

I called and left you a msg a couple of days ago, waiting on a call back... Pls let me know if you got it....

I am looking to adding FE to my products I sell online/over phone

Thank you!

Originally Posted by myinsurebiz

We have an awesome sales system for TeleSales . . .

Easy Issue Life products - Final Expense and Term with ROP.

If you don't find what you are looking for - ring me up.

Tom

GreenSky · 10-01-2009, 08:03 PM

Originally Posted by floridachrissy

I called and left you a msg a couple of days ago, waiting on a call back... Pls let me know if you got it....

I am looking to adding FE to my products I sell online/over phone

Thank you!

Although Tom hasn't posted here for awhile, he might still be around. I would stay very far away from anything he offers.

On the other hand, he might have dropped insurance and started his 37th new get rich quick scheme in the past 4 years.

Rick

magagent · 10-01-2009, 08:35 PM

I don't think Tom is around anymore.. Rick, I could not imagine how difficult this must be for you.

GreenSky · 10-01-2009, 08:57 PM

Originally Posted by magagent

I don't think Tom is around anymore.. Rick, I could not imagine how difficult this must be for you.

No problem. There seems to be new pelosis joining the forum every week.

Rick

Markingriffin · 10-01-2009, 10:01 PM

What is TOm up to these days??

floridachrissy · 10-02-2009, 09:08 AM

Originally Posted by GreenSky

Although Tom hasn't posted here for awhile, he might still be around. I would stay very far away from anything he offers.

On the other hand, he might have dropped insurance and started his 37th new get rich quick scheme in the past 4 years.

Rick

Thank you for the reply...the post should have been removed....the questions still exists is there a good final expense product that can be sold over the phone? Gerber is coming out with a great product and launching in some states but cannot be sold over the phone.. and the others I have found so far are just pure garbage...however I do have the market where my existing clients are looking for a policy for their parents.

Thanks

lavvygirl · 10-02-2009, 09:34 AM

Hey can you call me at 678-524-3107 laverne or email dmdprnt@yahoo.com I need to make some mucho dinero's this economy sucks
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Originally Posted by floridachrissy

Thank you for the reply...the post should have been removed....the questions still exists is there a good final expense product that can be sold over the phone? Gerber is coming out with a great product and launching in some states but cannot be sold over the phone.. and the others I have found so far are just pure garbage...however I do have the market where my existing clients are looking for a policy for their parents.

Thanks

understand i got contacted about gerber i heard they are working on a phone app be careful who you contract with too. I am waiting before i sign on boy oh boy this is going to heat up aarp and BCBS on the med supps market
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Originally Posted by Markingriffin

What is TOm up to these days??

is this the rosenthal boys out of georgia
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Originally Posted by ling

Can anyone be kindly to share information about selling final expense insurance by phone? Information about Senior life insurance company? Lincoln heritage life? Final expense telesales?
I do well selling final expense in the field. But I am looking forward to work from home. I know the final expense sales by phone work thru some agents. I just need to find someone who can share a great system on what companies to contract with, what lead systems to use. Thanks.

call or email me dmdprnt@yahoo.com/ 678-524-3107 laverne C

Markingriffin · 10-02-2009, 10:37 AM

Yes, I'm out of GA.

GreenSky · 10-02-2009, 11:03 AM

Originally Posted by Markingriffin

Yes, I'm out of GA.

When did you leave GA?

Rick

Markingriffin · 10-02-2009, 12:57 PM

Originally Posted by GreenSky

When did you leave GA?

Rick

Yall, know what I'm talking about. Aint you from around these parts,,I guess not.

ronmelton3 · 10-02-2009, 07:04 PM

I'm beginning to think Georgia has more Life/Health agents per area than any other state. It seems like they are quite a few on the forum that are from GA.
As a result, FE mail returns stink, less than 1% in my experience.
You guys need to move!

Daytona_Guy · 10-16-2009, 05:57 AM

Originally Posted by ronmelton3

I'm beginning to think Georgia has more Life/Health agents per area than any other state. It seems like they are quite a few on the forum that are from GA.
As a result, FE mail returns stink, less than 1% in my experience.
You guys need to move!

You're right. The fact is that in Georgia there are NO licensing requirements for anyone to walk in off the street to any of a number of final expense phone rooms (that send mailings in GA) and start selling. A temporary license in Georgia has no background requirement and no education requirement. I believe it's still good for a full 90 days before attending the class.

I've seen three such phone rooms there.. lots of turnover but lots of new blood all the time. They can only sell IN the State of Georgia with their temporary licenses, so that's where they heavily market - constantly.

steveadlman · 10-16-2009, 06:53 PM

I talked with a marketing person at Baltimore Life and she said you cannot sell Baltimore Life stictly over the phone. You have to meet with the prospect face to face first and then complete their Inspeed process which is over the phone.

gmd063 · 10-20-2009, 10:04 PM

Originally Posted by Daytona_Guy

You're right. The fact is that in Georgia there are NO licensing requirements for anyone to walk in off the street to any of a number of final expense phone rooms (that send mailings in GA) and start selling. A temporary license in Georgia has no background requirement and no education requirement. I believe it's still good for a full 90 days before attending the class.

I've seen three such phone rooms there.. lots of turnover but lots of new blood all the time. They can only sell IN the State of Georgia with their temporary licenses, so that's where they heavily market - constantly.

Actually there is a background check for all applicants of a temporary license in the state of Georgia. They are fairly strict with the background check also. You must submit court documents and a written explanation of any charges you may have on your record. The initial temp license is good for 6 months and renewable every 3 months after up until 15 months.