Need Help or Advice

Nttwrkz LLC · 01-21-2009, 07:32 PM

Hello everyone!

I'm looking to go independent but I don't know how to I go about signing with different insurance companies. I'm captive rt now with NYL but I haven't been there long, only about 6 months. I actually have until next month to produce more business or else. I'm not worried about that at all, I just want to do my own thing.

Can anyone recommend any companies that would be a good for me to write business for. I've only been in the business for about a year. Also, do I have to be a broker to write for multiple insurance companies? Any advice would be greatly appreciated.

NTTWRKZ1

souldeux · 01-21-2009, 08:13 PM

Becoming a health insurance agent

This thread was my Bible for weeks when I was first looking into getting started. Once you've read absolutely everything in there, you should have an excellent picture in your head about what you'll need to do to get started.

Jim · 01-21-2009, 08:23 PM

You will be able to contract with who ever you want and as many as you want but only one contract per company in most cases. You can mail me sometime and I will talk to you about contracts I can offer.

Originally Posted by Nttwrkz LLC

Hello everyone!

I'm looking to go independent but I don't know how to I go about signing with different insurance companies. I'm captive rt now with NYL but I haven't been there long, only about 6 months. I actually have until next month to produce more business or else. I'm not worried about that at all, I just want to do my own thing.

Can anyone recommend any companies that would be a good for me to write business for. I've only been in the business for about a year. Also, do I have to be a broker to write for multiple insurance companies? Any advice would be greatly appreciated.

NTTWRKZ1

moonlightandmargaritas · 01-21-2009, 08:24 PM

Originally Posted by Nttwrkz LLC

I'm looking to go independent but I don't know how to I go about signing with different insurance companies. I'm captive rt now with NYL but I haven't been there long, only about 6 months. I actually have until next month to produce more business or else. I'm not worried about that at all, I just want to do my own thing.

If you haven't produced for NYL, what makes you think you can produce for yourself?

xrac · 01-21-2009, 08:32 PM

Originally Posted by moonlightandmargaritas

If you haven't produced for NYL, what makes you think you can produce for yourself?

Good question?

insuranceexec · 01-21-2009, 09:32 PM

Jim: What companies do you represent? What is your area of specialty?

Nttwrkz LLC · 01-21-2009, 09:33 PM

Originally Posted by moonlightandmargaritas

If you haven't produced for NYL, what makes you think you can produce for yourself?

That is a very good question and I have an answer. The reason I haven't produced well for this company is because of all the red tape I go through with underwriting, my willingness to not be owned and the fact that I don't like having "production deadlines". I understand that this business is production base and there are some deadlines but I want make straight commission without the salary and restrictions that comes with a captive company. I found a way to get good leads, I'm not worried about that, it's just that I don't want to be owned by anyone.
I'm currently working with a city and I'm reluctant to give this business to NYL cause I know I'm not going to be there long and I would hate to have done all this work and when I leave, they keep the account and I get nothing. I'm working with a partner of mine who works for another captive company, so the people I can't sign up, for whatever reason, I pass them to him and he pays me under the table.

I know I can produce but, do I want to produce for someone else or do I want to produce for me? I want to produce for me. And besides, I had to produce in order to trigger my contract for NYL. Thanks for the feed back

insuranceexec · 01-21-2009, 09:40 PM

Leads are not the answer in this business; it is your attitude and determination. Before emancipating yourself check to make sure that it is in fact your environment that is oppressing you as opposed to your attitude. I hope this helps.

Nttwrkz LLC · 01-21-2009, 09:41 PM

Originally Posted by insuranceexec

Jim: What companies do you represent? What is your area of specialty?

Hi there!!

I'm currently contracted with NYL and AFLAC. I was supposed to resign from AFALC according to the bylaws of NYL but I never did, since I wasn't writing any business for them, I didn't find that necessary. I'm new in the business, so I don't really have a specialty. I'm experience in doing group benefits and life insurance, annuities and AFLAC products. Do u have anyone in mind who might give me a shot? Thanks
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Originally Posted by insuranceexec

Leads are not the answer in this business; it is your attitude and determination. Before emancipating yourself check to make sure that it is in fact your environment that is oppressing you as opposed to your attitude. I hope this helps.

I feel u!!... Good advice!

hlink20 · 01-22-2009, 02:19 PM

Originally Posted by Nttwrkz LLC

Hello everyone!

I'm looking to go independent but I don't know how to I go about signing with different insurance companies. I'm captive rt now with NYL but I haven't been there long, only about 6 months. I actually have until next month to produce more business or else. I'm not worried about that at all, I just want to do my own thing.

Can anyone recommend any companies that would be a good for me to write business for. I've only been in the business for about a year. Also, do I have to be a broker to write for multiple insurance companies? Any advice would be greatly appreciated.

NTTWRKZ1

Do you specialize in individual or group sales?

TRK3031962 · 01-22-2009, 04:43 PM

Originally Posted by Nttwrkz LLC

Hi there!!

I'm currently contracted with NYL and AFLAC. I was supposed to resign from AFALC according to the bylaws of NYL but I never did, since I wasn't writing any business for them, I didn't find that necessary. I'm new in the business, so I don't really have a specialty. I'm experience in doing group benefits and life insurance, annuities and AFLAC products. Do u have anyone in mind who might give me a shot? Thanks

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Yeah, I do just happen to know of someone who gives out really good contracts who might be willing to give you a shot. Give me a call and let me see what we can do for you.