Anyone Deal with Lifetel Web or Lifetelinsure.com?

[jman78753]

They put a craiglist job ad for people looking for insurance telesales jobs. I replied to it and I got a letter from the president of the company saying that this position calls for a $650 upfront cost to cover the expenses for marketing and such. Their website lifetelweb.com and lifetelinsure.com is designed to attract prospective agents but provides no information for prospective life insurance customers?

These websites don't generate leads for their products which is something that I've never seen from a broker in the insurance business. Just seeing if anyone has experience with this company.

 

[beginner]

They put a craiglist job ad for people looking for insurance telesales jobs. I replied to it and I got a letter from the president of the company saying that this position calls for a $650 upfront cost to cover the expenses for marketing and such. Their website lifetelweb.com and lifetelinsure.com is designed to attract prospective agents but provides has no information for prospective life insurance customers?

These websites don't generate leads for their products which is something that I've never seen from a broker in the insurance business. Just seeing if anyone has experience with this company.

Defenelty sounds like prior unethical ads that we have talked about before on this forum. I can't think of the other company names off the top of my head but they had the same $450-$650 upfront cost structure and then leads will keep on coming with no fee. Please proceed with caution if you decide to move forward. Hopefully some of the other agents will chime in.

 

[mdupl744]

Hello, I responded to the same ad, I have been searching the web for anything. With whom did you have contact with. I spoke w/ Elly Weatherby, I was able to get the fee down to $317.

 

[pcbinsurance]

Negotiable initial fee to get started reeks of a scam operation.

 

[mdupl744]

I did look them up:

Name: ABBOTT ROBERT JAMES JR License#: 0G06793
Resident Insurance Producer
License type: Accident and Health Status:
Active Status Date:
08/18/2014 Expiration Date:
05/31/2016

Resident Insurance Producer
License type: Life-Only Status:
Active Status Date:
08/18/2014 Expiration Date:
05/31/2016

Business Address: 3281 EAST GUASTI ROAD ONTARIO, CA 91761


Agencies or Organizations
This licensee is authorized to transact on behalf of the following:
LIFETEL FINANCIAL AND INSURANCE SERVICES, LLC For: Life-Only Effective: 10/27/2015

Records 1 to 6

 

[aclaro]

Who are their preferred carriers? What level are they contacting you at?

 

[goillini52]

I responded to the same craigslist ad. I spoke with a Guy named Jim Hembry. I have a hard time finding anything on them. Not even a complaint. I'm going to try them out since I have nothing to lose. I'll keep you guys posted.

Nothing to lose but your money! It's nice that there are Guinea Pigs out there to keep others from getting screwed.:bump:

 

[goillini52]

They'll start me at 85% for now then eventually 95%. I only contracted with Foresters and Assurity. There are more but I'm saving those till I confirm they are ok. They also signed a document that I'll get my money back after I sell about $5k AP. Just scoping these guys out and see what happens. I had an extra $600 to play with. You never know.

Don't you realize that you'll be losing $120-180 on each average sale of $50 a month? You can buy a lot of leads for that.

Love your username.

 

[LifeTel Info]

Greetings Insurance Forum! It's a pleasure to be in communication with you. As a company, it is one of our highest priorities to establish the best online presence possible. We strive to be transparent and to ensure that all details regarding our company are being accurately conveyed. If you'll permit us, we'd like to join the discussion and contribute the following.

The LifeTel company website is located at LifeTelInsure. This should be viewed as our site for all agent recruiting and marketing. We do have an additional website located at LifeTelWeb which was originally created as a 'spec site'. We've chosen to leave it active, but it does not play much of a role in our daily operations. Neither of these sites were designed for lead generation, although we do receive the occasional inquiry via FASTQuote.

LifeTel is currently posting for open agent positions on various sites and will continue to do so. While opportunities in the industry may at times seem similar, we ask that you contact us directly for specific details on our actual company, carriers, systems and programs. While we do acknowledge we're not the only company of our kind in this space, we feel as though we have a very unique approach and style and we encourage you to learn more.

Our agent system consisting of 2 paths forward for leads does have a program cost. It is an item that is not generally negotiable with us. Please note that we are just one of many companies in the market that have a cost associated with our lead system. However, there are absolutely no costs of any kind for agents seeking only competitive contracts.

Finally, we provide 2 different starting commission levels on our lead system, as we often hire agents of varying experience. Those agents newer, needing an expected amount of extra help might be better served at our 85% starting level. Those more experienced typically start at 95%. That determination we leave entirely in the hands of the agent. Regardless, we feel both starting levels are very fair and competitive.

All LifeTel records, including our corporate information, filings, licensing, etc., are available online by a simple search. Additional company information and references are available upon request. If you have direct questions, please feel free to send us a private message. Again, we'd like to participate directly in the thread and always provide professional responses with information where appropriate. Thank you!

 

[Alexcdavis]

Any updates on lifetel web?