Insurance Agent Forum

[FE-GIRL]

I was wondering if anyone knows of a good company that allows you to sell term life over the phone?

[al3]

The question you should ask is if there a company that won't let you sell term life over the phone?

The best company to sell for is the one that has the combination of strong financials and good conversion options along with being affordable. Obviously there is not one best company. It's like asking what is the best car to buy to drive to the grocery store each day.

Al

[souldeux]

Are you looking for non-med term, or medically underwritten stuff? I mean, in both instances, you can sell most term stuff over the phone regardless.

[FE-GIRL]

Any of them like balt life where u don't have to have a wet signature and a good rate? Does it exist? If not, who would you use for term over the phone?

[souldeux]

Originally Posted by FE-GIRL

Any of them like balt life where u don't have to have a wet signature and a good rate? Does it exist? If not, who would you use for term over the phone?

I use West Coast a lot, but their underwriting is schizophrenic. ING is more reliable.

Sent you a PM.

[Sell Life Ins in ur PJs]

I only sell over the phone, I have already placed over $80K in premium this year and we are only through the first 6 months! I write
ING, WCL, PRU, TRANS, RBC, GENWORTH, AM GEN, Etc. Etc.


If you want to learn to sell life insurance in your PJS email me @ osjllc@gmail.com

[jody108]

Anyone know if you can sell transamerica's term over the phone? without a wet signature ..

[Sell Life Ins in ur PJs]

Yes you can write Trans and get copies of sigs, ie...


Fax or scan/email


I sell life insurance in my pjs and make 6 figures working 20hr weeks

Let me show you how- email me today osjllc@gmail.com

[jody108]

So they need to fax or email the signed app ... no voice or esignature?

[al3]

Originally Posted by Sell Life Ins in ur PJs

I sell life insurance in my pjs and make 6 figures working 20hr weeks

Let me show you how- email me today osjllc@gmail.com

I sell life insurance buck-naked and make 7 figures working 10 hr weeks.

I just drive to San Francisco twice week. Ask Winter for the details.
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Originally Posted by jody108

anyone know if you can sell transamerica's term over the phone? without a wet signature ..

WCL has a Tele-App, but I've never used it.

Yesterday I wrote two Ohio National plans (on husband/wife) using their Term-Express online system. While on phone with client and sitting at computer you ask the basic name/address/plan/beneficiary questions. Nothing medical.

The company will call client in a couple of days to verify the data and schedule the para-med. The para-med person gets the rest of the application done (the medical part and sigs) and does the blood, urine, EKG (if ordered) and that's that.

Why did I use that method? Client lives about an hour and a half drive from here and I didn't see any reason to spend the time or money just for an app (which may not get approved.) However, I WILL drive up there to deliver the policy (if offered/accepted) ... and then discuss annuity and LTC with them.

I've always been "old school' which taught "Meet the client early and often." But I'm learning from some of the younger (and/or smarter) agents in this venue about "better" time management and cost-effective agency practices.

Al
InsuranceSolutions123 Agency
Fair Oaks, CA

[jody108]

Thanks al!

And haribol!

Hey ... i was looking at ohio Natl yesterday and was wondering who has a contract for them ... my wife is going to sell a little from home and they seemed to have good prices and a good financial rating.

Have you written much with them? Do you like them?

Best,

Jody

[al3]

Originally Posted by jody108

thanks al!

And haribol!

Hey ... i was looking at ohio Natl yesterday and was wondering who has a contract for them ... my wife is going to sell a little from home and they seemed to have good prices and a good financial rating.

Have you written much with them? Do you like them?

Best,

Jody

I like ON very, very much. I can't say enough good things about them, their management, and their balance sheet.

You go direct to ON. They do not use the BGA distribution system. If you have had bad service from other carriers who go direct (Midland is my poster child for a direct writer with poor service to agents) let me say without hesitation that ON "gets it" and knows how to answer the phone when you call. AND... you can talk to their UWs... they encourage it!

I try to write with ON when I can because they ALSO give me a slightly better contract than I get with any other carrier that goes though any GA I've contacted.

ON's term rates are excellent, but they do have a bit more stringent UW than WCL, Banner, ING, and the other "cheap term" carriers out there. They are good with term and WL. I don't sell UL so I can't judge. Also, annuities are not their strong suit either.

You might want to also contact Mutual Trust Life. I don't know much about them, but there are also a direct company, with an emphasis on WL. I got a packet of stuff from them about a year ago but the West coast agent/recruiter never followed up with me on my questions... and seemed not to care one way or the other if I contracted or not.

The above said, if you have a good GA who gives you a good contract, you might want to check out the WCL tele-app thing. I've not used it... was told by my GA that it didn't work very well... which I translate to "We get less override if you use it!"

YMMV.

Haribol.

Your ever well wisher,

Al

[ims01]

There is no one company that will fit all situations. You should have a handful of carriers. Get aligned with an IMO that can guide you and that offers a range of carriers.
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Jody, You can sell Transamerica Family Markets full-med over the phone, but, not the non-med.