Insurance Agent Forum

[Judyinfinity]

Hi,
I changed careers from quality engineering (automotive manufacturing) to insurance agent this summer. My first stint was as a telephone sales agent for a senior life insuring company, but only had one type product to sell. My ultimate goal is to be an independent agent, but meantime I need ongoing income.
I have recently signed with Liberty National Life...anyone experience with this company or any Torchmark Company?? I am a captive agent with LNL, and their products are geared toward middle to lower income bracket and involve face to face sales.
My plan is to work with LNL for approx. 1-2 years, gain experience, keep the bills paid, and then go the independent route.
I need sage advice from those more experienced.
Your comments are welcomed.
Thanks

[James]

Originally Posted by Judyinfinity

Hi,
I have recently signed with Liberty National Life...anyone experience with this company or any Torchmark Company?? Thanks

Walk away and don't look back! Get away from them and find another company to go with! Okay, don't walk away, run away as fast as you feet will go! If you choose to stay there, good luck, you'll need it.

[HomeService]

Goodness gracious , they roped in another one. All they do is recruit recruit recruit. Have they trained you yet in the art of recruiting? Forget insurance sales, all they do is recruit.

[2112Greg]

Yes, run run run from Torchmark-related companies. There are TONS better companies to be captive to. NYLIC comes to mind. Don't become another United American statistic...!

Don't know anything good or bad with LNL...but I'm sure others here do.

[Judyinfinity]

Thank you all for your responses ...
I terminated my relationship with LNL yesterday.

[HomeService]

Probably a good move to terminate, they do not have the best interests of the client in mind, in my opinion, nor do they really care about quality agents, just quantity. recruit recruit recruit

[Angio333]

What other insurance companies are MLM besides LNL and Primerica?

[2112Greg]

What's that one called...oh yea, NAA. That's a network marketing thing, too. But if you ask any of the people in it, they'll say that every traditional company out there is basically a pyramid. The funny thing is that I've never heard anyone at a traditional company say they are just like NAA!

[HomeService]

Whenever your mgr. is more worried about recruiting than: training and products and clients and driving to a house and seeing businesses and calling prospects and state laws and licenses and professionalism, he might be in some kind of pyramid-like scheme.

I am not going to flat out call them all MLM, but when recruiting is more important than sales, it kind of walks like a duck. I should think a mgr. would want to take one or two or three agents under his wing at a time, train them, get to know them, go out in the car with them for six months, and do that once or twice a week, watch training videos, prospect, get on the phone with them, so on.

That's what I call manageable, about one or two agents at a time. Not 16 or 20: throwing the mud on the wall and seeing what sticks is not good when you are playing with people's lives and careers. Out of those 15 or 20, who sticks it out? What would work better, taking two people and giving them personal attention, or throwing 20 pieces of mud on the wall to see what sticks?

[fheath]

I just became a agent with LNL today. Even though I see what people are saying about them, the guy that runs the branch I am in is not like that at all. He talks more about products, sales, helping clients, and even helping yourself to commissions, bonuses, and renewals.

[Survivor]

My roommate's lady friend is getting into the business with Lib Natty. She CLAIMS that her upline is writing business in her name and that she is going to have a like a 8-900 dollar check from her first week (where she wrote no business on her on). She also is expecting to make 100K her first year.

IMO, and company that lets you work on a temp license probably sucks. I don't know why they even issue temps. You need no certification, other than breathing, and the hiring company can feel your ignorant mind with BS.

[gwenweisenberger]

I have been working for l.n. for a month now,I think I could use a liitle more guidence but so far I have made okay money,not exactly as much as promised but I feel confident I will do well with them if I continue to sell as I am now.They do kinda throw you out there though,but my managers been great.

[TimLett]

One of the toughest friendships I ever had was when I was trying to respect the local branch manager at the Lib Natl office in town.

[Soaringagent]

Wow, this is interesting.. have you learned the products yet?

[StinsonAssurance]

They sound like a company that roped me in about 7 years ago when I first got into insurance sales ( American Income Life ). It was all about recruiting more suckers...people to come in and do what you do but in the end they delivered nothing but a pack of lies.

[moonlightandmargaritas]

Have you considered NAA?

[HomeService]

Stinson, they are part of torchmark, along with AIL, and UA. You are correct, same basic approach. recruit, recruit , recruit

I do think that had LibNat reamained a basic life agency system, going out in the community, servicing clients, writing life, it would have been fine, but when the Torchmark clowns came a calling, that's all she wrote.

[TimLett]

Originally Posted by moonlightandmargaritas

Have you considered NAA?

Please tell me you are kidding. If not kidding, I want some of whatever you have been smoking if it can remove reality that well.

[GP32765]

Come on I dont think anything is wrong with NAA except their leads, training, commission, corruption, promises etc...