This industry has so many flaws I can't even count....but let's try:
- Horrible lead sources agents stumble across - waste hundreds/thousands of dollars
- Between lacking to no training on products or the correct products to sell and why
- Zero training about writing apps relating to the claims review process
- No community atmosphere
- No unbiased source of info - we're an association - do not make overrides so we don't need to "steer" agents into selling for any particular carrier
- Agents trapped into bad contracts - can't escape
- Agents trapped in bad agencies - can't escape
- Taught "kill it and grill it" methods of writing business - write an app - onto the next kill
- More of a "just get the deal" - less focus on "career agent"
5 comments:
Thank Anthony, you're right on the mark.
thanks, keep the info coming
I am enjoying your information. I am a life & health agent but currently work mostly in P&C.
I have started a blog here too.
https://theinsurancebuzz.blogspot.com
Can you check it out? I am new at this so any suggestions will help.
Hi. I am new to the blog, but the info looks very helpful. I am a captive H & L agent and now that the economy is so bad the terms of my contract are really hurting me. Up-front commissions are great if you don't have many cancellations, but I am now in debt to my company!
My main concern is - wondering if there is really a decent insurance product out there that people are unlikely to cancel from. The product I am given to market leaves a lot to be desired.
I am new to the blog, but it looks helpful. I am a captive agent selling H & L. Now that the economy is so slow, my contract terms are really hurting me. Up-front commissions are great if you have a product that really sticks and don't have many cancellations. Problem is, the product I am given doesn't stick well enough. I am wondering if there is really a good Health product out there I can be proud to offer.
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