Originally Posted by IULproducer
Does anyone have any feedback on Peoples Protection Group out of Chicago. They offer exclusive direct mail leads for their MP program. Leads with our name on the actual lead card.
60% pay out with zero lead costs and zero upfront money to work with them.
Goes to 70% after 50k in AP.
They assign a personal mentor and coach. Seems fair to me but wanted to ask if anyone has any real world experience working with them.
Thank you in advance.
If I were you, I'd do a little more research for the following reasons:
a). Their address is listed as 5 Revere Dr, Ste 200 Northbrook, IL 60062. If you Google that address, you will find several other businesses "located" in the same suite.
b). They show only THREE carriers, ( Americo, Foresters and ING ) on their website. That is a very low number of carriers.
The company is owned by Maria Seifert who incorporated People's Protection in 2013.
, "exclusive direct mail leads" simply means they will place your lead orders for you and reduce your commissions dramatically for that service.
Another consideration is the area you reside in. There is a finite number of prople acquiring mortgages on a monthly basis and approx. 1% of those individuals respond to MP direct mail. Do you have a large enough territory to pull MP leads from so you can live on a paltry 60% commission?
loa, who is your personal mentor/coach? How successsful is he/she? What actual proof of production (Carrier Reports confirming the Issued/Paid business as well as Persistency for the past 6,9 and 13 mos)
AND proof of income (2016 1099's from each Carrier)
has your mentor/coach provided you, so you have confidence in his/her ability to teach you how to be successful in the MP insurance market?