I have Monumental Life as a carrier on the independent track. $275 for a 1000 piece senior life expense mail drop. They will post any reply mailers on their website to have access at calling and setting up the appointments. Question is....is there anyone out there that has had experience in participating in this program and if so, how many contacts made compared to total number of reply cards. Then policies sold to contacts????
Anyone Hear of the Monumental Life Leads Program
- Thread starter Mattbell9
- Start date
- 16,876
It's a good program. Pretty standard lead mailers. At that rate, you only need one sale to cover your cost. Good company. Good product. I think 110% is street with them and they don't reduce commissions for this mail price.
- 901
I've heard that one of the company's top agents works on this deal. He's out of Iowa and supposedly rakes in about $250k a year.
- 614
Street is 105%. No reduction in commission for the lead program, as stated.
They are now using the Legacy Safeguard program now, which seems to be a pretty solid marketing system as well.
I like the fact that it includes a quoting system for smart phones.
They are now using the Legacy Safeguard program now, which seems to be a pretty solid marketing system as well.
I like the fact that it includes a quoting system for smart phones.
- 5,056
So how do these leads programs work?
I pay $275 for a 1k mail drop, I assume with the sponsoring carrier's info on the piece and I'm expected to sell only Monumental's life plans?
I pay $275 for a 1k mail drop, I assume with the sponsoring carrier's info on the piece and I'm expected to sell only Monumental's life plans?
- Thread starter
- #9
I'm looking at contract now...110% life paid up to 99 product. 10 pay is 100%. Seems like a good rate. What the heck. I will not know unless I try it. Right. Thanks
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It's a senior info update card that's sent out. I pay w ccard upfront so no reduction of commission. Anyone know what NAPP is? Net annualized placed premium?
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It's a senior info update card that's sent out. I pay w ccard upfront so no reduction of commission. Anyone know what NAPP is? Net annualized placed premium?
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- 106
They will cancel you for persistancy or other fine print in the contract. And they won't pay your renewals. If you decide to spread the biz around because you got frustrated with their underwriting of for some other reason, you can kiss those cases goodbye. YMMV.
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