I would go to work for EFES before I would Senior Select. Same concept, but SS will make you drive from wherever you are for agent meetings several times a year. At least they used to. I stayed there about two months and then went to EFES where I stayed for a couple of months before I started doing my own marketing. Don't miss either of them one bit.
I would love to do the marketing on my own and get directly appointed so I could enjoy full commissions. But from what I've read, I don' t know if I can handle the marketing costs on my own. At least with a IMO
like Senior Select I can pay for leads and know what I'm getting. (I hope). I live close to Lagrange where they are located so traveling to the facility would not bother me, although I don't know if they do this still.
I was working with Securus out of TN, and targeting Northeast AL about 4 months ago.
I realized after running into 5 prospects that had already had policies recently taken out with Senior Select, that Securus was double-dealing our leads between the local Senior Select agent and myself.
Senior Select leads with American Memorial, which is the one of the highest-priced and easiest-to-replace final expense carrier in the business.
If you're interested in final expense, there are better options -- FEXContracting and EFES are preferable over Securus.
I'm sorry to hear this about Securus, I know Senior Select just partnered with them in Feb. Although I think that SS uses their own FE lead system (not sure though) and uses Securus for their IUL and Indexed Annuity. That is what I gathered from the "presentation" I got from J.M., the recruiter there.
Being that I'm super green, just licensed, my main concern is training in the life insurance sales process, I don't want to sign up for lower commissions but at the same time would love to find someone willing to be a "mentor" to me. And after having one guy tell me they start at 75% J.M., the recruiter said 50%. What gives? Super low and different commission rates, are they just trying to see if this newbie bites? I'm thinking I should talk to someone from EFES like you advised Rearden. Senior Select was just so attractive because their office is right here (15 min away), so I was hoping to get some good training, but that doesn't mean I want to get robbed. Should I talk to someone and try to negotiate my starting commission or do you think that getting different answers on the starting commission rates is a sign of bad things to come?