Is PPL really terrible? I ask because....

al3 · 02-24-2008, 07:51 PM

... I had a guy call me last week who is a local Pre-Paid Legal GA. Says he has been selling PPL for 10 years now and has done well with it.

He is not insurance licensed.

He wants me to become an "associate" under him. He claims that he has a lot of groups that offer PPL as an employee supplement (often payroll deduct.)

Obviously he wants me to sell PPL to my current and future groups.

What got me interested is that he has offered to introduce me to HIS groups so that I can make a case to the biz owner for Colonial supps. He will take half the commish (which is standard procedure with Colonial when a broker is involved.... no problem with that on my end.)

I've read all the stuff on this board about PPL... but most have bitched about how it is sold... not the product itself. Is the product/service really terrible? Is it a ripoff to the client?

I don't know if this will work since he is not licensed. I'll have to check with Colonial, since they are the ones who would write the check.

Assuming Colonial is OK with this, is this something I should run like hell away from (like NAA or UA, etc.) or is it worth taking the time and doing a due-diligence on?

Thanks,

Al

Dave020 · 02-24-2008, 08:59 PM

Worksite legal plans are pretty common, lots of companies offer it to employees. PPL is one option, there are others that may not require you to "join the team" as it were.

GreenSky · 02-24-2008, 09:44 PM

I have not sold PPL but I am a member. Every 6 months or so I ask them a question or to review a contract.

I would not trust them in a murder trial, but for $14 a month I think it's worth it.

YMMV

Rick

arnguy · 02-24-2008, 09:51 PM

Rick, are you saying that if you "wasted" Al you would not want PPL to defend you?

DHK · 02-24-2008, 10:07 PM

Originally Posted by al3

... I had a guy call me last week who is a local Pre-Paid Legal GA. Says he has been selling PPL for 10 years now and has done well with it.

He is not insurance licensed.

He wants me to become an "associate" under him. He claims that he has a lot of groups that offer PPL as an employee supplement (often payroll deduct.)

Obviously he wants me to sell PPL to my current and future groups.

What got me interested is that he has offered to introduce me to HIS groups so that I can make a case to the biz owner for Colonial supps. He will take half the commish (which is standard procedure with Colonial when a broker is involved.... no problem with that on my end.)

I've read all the stuff on this board about PPL... but most have bitched about how it is sold... not the product itself. Is the product/service really terrible? Is it a ripoff to the client?

I don't know if this will work since he is not licensed. I'll have to check with Colonial, since they are the ones who would write the check.

Assuming Colonial is OK with this, is this something I should run like hell away from (like NAA or UA, etc.) or is it worth taking the time and doing a due-diligence on?

Thanks,

Al

How can you share a commission when he isn't insurance licensed? (Unless you're calling it something else, you had better check out your facts.)

I have no beef against PPL.

Dave020 · 02-24-2008, 10:08 PM

Originally Posted by arnguy

Rick, are you saying that if you "wasted" Al you would not want PPL to defend you?

Ok, I have to go sing for my supper (and no I am not watching that damned oscar thing). But right now I am LMAO at this one

Next up, PPL Will Sue You should be along shortly...in the meantime

YouTube - Prepaid Legal

Pre-Paid Legal · 02-24-2008, 11:09 PM

Yea,Yea Yea, laff all you want. I have a group of girls in texas we are helping fight the sin tax.

CHUMPS FROM OXFORD · 02-24-2008, 11:25 PM

PPL is not worth your time. Although Pat Robertson seems to be doing well.

warrenins · 02-25-2008, 01:58 PM

I was talking to a fellow agent friend one time about PPL and he said "why would I want to offer my clients a product that they may turn around and use against me" lol I guess he had some doubts about his own business practices lol

senior-advisor-indiana · 02-25-2008, 08:03 PM

Why cant we substitute PPL for E&O? Where is the freedom in this country. sheesh!

retread · 05-08-2008, 09:52 PM

Originally Posted by warrenins

I was talking to a fellow agent friend one time about PPL and he said "why would I want to offer my clients a product that they may turn around and use against me" lol I guess he had some doubts about his own business practices lol

Actually, PPL has a box on the app that, if checked, solves this problem. And no, your business friend does not have to have unethical business practices to be sued by a disgruntled employee.

I no longer sell PPL because of the MLM structure, but, like Rick, keep my personal membership. It comes in handy when I need simple legal advice, since I don't want to mooch off my attorney friends, and I can't afford their office rates.

I sold a policy to my daughter the day she came in the door downcast because she just got a speeding ticket. When I told her about PPL's benefits, she signed up on the spot, even if it was too late. As a matter of fact, my older daughter sold me years before!

It is not insurance in MOST states, and the company does not require a license to sell it in those states, but if the state you are in requires an insurance license, you have to have one.

bobson · 05-20-2008, 01:49 PM

Originally Posted by retread

Actually, PPL has a box on the app that, if checked, solves this problem. And no, your business friend does not have to have unethical business practices to be sued by a disgruntled employee.

I no longer sell PPL because of the MLM structure, but, like Rick, keep my personal membership. It comes in handy when I need simple legal advice, since I don't want to mooch off my attorney friends, and I can't afford their office rates.

I sold a policy to my daughter the day she came in the door downcast because she just got a speeding ticket. When I told her about PPL's benefits, she signed up on the spot, even if it was too late. As a matter of fact, my older daughter sold me years before!

It is not insurance in MOST states, and the company does not require a license to sell it in those states, but if the state you are in requires an insurance license, you have to have one.

It sounds like more and more like a really good product for most of us. Contract reviews, traffic tickets, wills, and everything else, for $26.00 a month plus 9.95 for ID Theft protection. It dwarfs the ID theft coverage offered by my P&C companies. I wonder how many times I've been screwed over a defective item and didn't know who to call so I just shrugged it off?

I'm going to sign up to sell it myself. The good and bad thing is in my state the governor vetoed a bill that would have unclassified it as insurance. So for now you must be casualty licensed in my state.

arnguy · 05-20-2008, 02:42 PM

And what state would that be?

retread · 05-20-2008, 04:54 PM

Originally Posted by CHUMPS FROM OXFORD

PPL is not worth your time. Although Pat Robertson seems to be doing well.

That's "PTL" for Robertson....not PPL. Although, if you watch all the promotional videos you would think there is little difference.

My big problem with the MLM structure at PPL is cannibalism. The upline feeds off the downline for promos, sales meetings (yes, they charge for "training" costs), etc., and of course, all sales literature must be purchased from home ofc in Ada.

I knew there was a problem when my Regional VP told me he wouldn't cross the street to sell a membership, but he would go 3 states or more away to recruit a new "associate".

bobson · 05-20-2008, 06:22 PM

Originally Posted by retread

That's "PTL" for Robertson....not PPL. Although, if you watch all the promotional videos you would think there is little difference.

My big problem with the MLM structure at PPL is cannibalism. The upline feeds off the downline for promos, sales meetings (yes, they charge for "training" costs), etc., and of course, all sales literature must be purchased from home ofc in Ada.

I knew there was a problem when my Regional VP told me he wouldn't cross the street to sell a membership, but he would go 3 states or more away to recruit a new "associate".

It makes you wonder if they have ever thought of going with a direct sales channel instead of the MLM channel? I would think they'd be able to bring in some big swinger agents that would round out accounts with the product.

I can't believe you have to 'purchase' sales literature! That seems ridiculous. I don't intend on 'buying' any 'training'.

retread · 05-22-2008, 05:01 PM

Originally Posted by bobson

It makes you wonder if they have ever thought of going with a direct sales channel instead of the MLM channel? I would think they'd be able to bring in some big swinger agents that would round out accounts with the product.

I can't believe you have to 'purchase' sales literature! That seems ridiculous. I don't intend on 'buying' any 'training'.

Well, if you ever change your mind, I have plenty of brochures for sale..... cheap!

Pre-Paid Legal · 05-22-2008, 06:21 PM

Originally Posted by retread

Well, if you ever change your mind, I have plenty of brochures for sale..... cheap!

How much do you want fer them brochures man?

The New Guy · 05-22-2008, 08:23 PM

Originally Posted by retread

That's "PTL" for Robertson....not PPL. Although, if you watch all the promotional videos you would think there is little difference.

My big problem with the MLM structure at PPL is cannibalism. The upline feeds off the downline for promos, sales meetings (yes, they charge for "training" costs), etc., and of course, all sales literature must be purchased from home ofc in Ada.

I knew there was a problem when my Regional VP told me he wouldn't cross the street to sell a membership, but he would go 3 states or more away to recruit a new "associate".

PPL is located in Ada?

The Rabbi · 05-22-2008, 08:37 PM

PPL is the same as promoting travel to our database. I will be sending out newsletters. So what if there was some advertising on it for other services.

Bob_The_Insurance_Guy · 05-23-2008, 11:16 AM

I have been a PPL Member for almost 7 years now, and they have 100% been there for me. When I was at fault in an auto accident, they represented me in court, and got me a lesser charge, and lower court fee.

When we lived in an apartment, they helped me evict the noisy neighbor next to us, who played their stereo too loud against my daughter's bedroom wall.

When our car was stolen, they did almost all the work in bringing the illegal alien who stole it to trial, and he was convicted.

We have done our wills through them.

I, too, had it in my bag of tricks, but, like others, am just a member now. It, and SendoutCards, are the only two MLM's who have a truly great product. And, oddly enough, their reps don't pressure you to be part of their downline, once you let your feelings known.

It's a class act organization.