WE’RE HIRING! We invest in YOU and help our agents make SIX figures, faster, with FREE leads, proven CRM system, and NO chargebacks. APPLY HERE: https://careers.legacyfamilylife.com/ For everyone else, I make money selling life insurance. I make this free content in the hopes that you use it to improve your sales skills enough to partner with us. Join My FREE PRIVATE SALES and Marketing GROUP (Get my exact sales script)👇 https://api.leadconnectorhq.com/widget/survey/S9zbiI1bt5GuGsjFEfAx
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I would recommend Medicare to new agents some platforms give you free leads and it’s more of a demand cause each year someone is always turning 65.and also people are calling in for help Your not cold calling .
You don’t make money in Medicare like 20ish an hour
You make money in Medicare in the long run
@Desireclub lol yeah okay I have a cousin that does it that showed me 3-5k a week
This is why I love you Peter you always tell the truth and tell it how it is! Thank you for sharing this info!
What happened to the spirit of winsomeness🤧
What’s the commission rate for your agents?
Thanks for sharing your input.
Peter I see that your agency offers free leads for your agents, how many leads do you offer your agents each week and do you accept newly licensed agents?
@Quan54no, he does offer free leads to sellers, but they’re his leads still. It’s his agency and his book of business so he can sell it at a later date.
As of now we do not accept new licensed agents, one day we hope to. As of now looking for seasoned agents.
Typically Free leads will mean you are an LOA /Captive agent for people which means they own your book of business, that’s how the “No chargebacks” come into play as well. Once you write a carrier and have a chargeback they will instantly pay the chargeback, instead of the insurance companies paying you the IMO/Uplines will pay you.
A lot of companies that are legit and have good uplines and training will take new agents with a decent but lower comp, and buy them leads when first starting out, then go on lead assist which can be match what you put in, then work your way to buy your own leads once you start going in, insurance, atleast that’s how we do it, LOA, is not bad though, some agents need it
Can you recommend some?
Hey, love the video. I would just change the Chargeback rate to Retention rate so that it makes a little more sense! Thanks 🙂
Yes sir , bless you thx
what’s states would you recommend to get licensed in for obtaining leads?
Hey peter, can you upload content on how to start your own agency?
Also how do you create your own agency?
Totally get your point. I’m with FFL, and I love it. And I have only put in maybe $200-300 of leads. I don’t have a CRM, I don’t have a dialer, no real expenses yet. However, I do my own marketing. 😊 I don’t rely solely on the leads I buy. When you want to make a business work, you’ll find a way. 🔥
Who are you under, looking to know more about FFL
I do Lincoln heritage. They finance direct mail leads for $37. This is the start of my second week. They say you need to take 20-22 a week. I sold 4 policies last week. Commission is APx0.75×0.80×0.50. (The 0.50 is to pay back lead/chargeback debt). I’m hurting right now but maybe it’ll get better.
Brother, stop while you can. Don’t ever finance leads. If this is your first opportunity in life insurance, that is not the way to start. Lincoln Heritage is a great company. There are great agencys out there. Dana Nesen is a good gm. I have a field agent friend who is killing it at LH at a different agency but he has 3 years in doing that. Read your contract. Make sure you own your book of business. There are W2 jobs out there to learn while you earn. I wish you good on your journey, because it is a good industry with people that do good work. But many bad agencys out there trynna make a buck at peoples imexperience.
@Jimba LH finances my leads for $37 a pop but they only take 50% of each commission until they are paid for. I sold 2 policies today and still made a $530 commission AFTER paying 50% of it back. I’m not complaining about $53 an hour.
Hi Peter! I love your honesty in your videos. I got a job offer for a life insurance agency that is fairly new with less than 20 employees. They do their own marketing and generate leads for their sales reps. Base pay is low but comission is high. I’m new to life insurance and want to do my due dilligence before I invest my time and energy on an opportunity that might backfire on me. Does this seem like a good company to join in the life insurance industry?
What CRM do you use Peter?
So what I’m trying to understand is Life Insurance worth it? I’m in the process of getting my license have a vast sales experience and I don’t want to waste my time
Same here, I feel this pull towards life insurance and it’s always in the back of my head. But I’m scared I’ll waste my time
@Neftali Alvarado well I’ll let you know soon, my biggest objection is the charge backs. Shit is stupid lol
I sent you a message in Instagram to get a copy of your script from your hour long video. Pretty sure my message went to your junk.
FFL agent here, all good points and content here Peter. I structure my account/draws as a monthly draw. 10% of what is in my account is “mine”. Chargebacks are going to happen, but this makes sure im never in debt to a carrier.