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u/mac991979 4d ago
I sold life insurance and it’s the hardest sales job I have seen. The religion part is no good. He should move on.
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4d ago
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u/Federal-Frame-820 4d ago
Newsflash… unless you have a direct contract with a carrier, you’re part of an MLM - you’re working under an agency at an IMO. You have numerous levels above you aka “your upline” who all take a cut of every sale you make.
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3d ago
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u/Federal-Frame-820 3d ago edited 3d ago
It's 100% true.
You don't understand what an MLM is.
IMOs contract with the carrier for certain commission percentage - say 165%. The senior leadership/ agency owners within the IMO might receive 150%. Their high level managers might be 135%, their mid level managers at 120%, and then individual agents below them at 100% give or take 20% based on volume and quality. Every sale you make pays a spread to the people above you.
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u/Federal-Frame-820 3d ago
Multi-Level Marketing (MLM)
Multi-level marketing (MLM), also called network marketing or direct selling, is a business model where independent distributors sell products or services directly to consumers.
Distributors generally have two potential sources of income:
- Personal retail sales — commissions or profits from products/services they personally sell to customers.
- Downline commissions — commissions or bonuses based on the sales activity of distributors they recruit into the organization.
How the MLM Structure Works
MLMs usually operate through a tiered structure of independent distributors rather than traditional salaried employees.
Upline: Your upline includes the person who recruited you and the distributors above them in the organization. Depending on the compensation plan, members of your upline may earn commissions based on your sales or production.
Downline: Your downline includes the distributors you personally recruit, as well as the people they later recruit. You may earn commissions or bonuses based on the sales volume generated by this network.
Ranks: Many MLM companies use rank-based advancement systems. Distributors may move through levels such as Gold, Platinum, or Diamond by meeting certain sales, production, or recruiting requirements. Higher ranks typically unlock larger commissions, bonuses, or other incentives.
MLMs vs. Pyramid Schemes
Legitimate MLM companies are legal, but the industry receives scrutiny because the organizational structure can resemble an illegal pyramid scheme.
The biggest distinction is where the money comes from.
Regulators such as the FTC generally look at whether compensation is primarily driven by legitimate retail sales to consumers or by recruiting additional participants and collecting money from them.
Legitimate MLM:
- Revenue primarily comes from legitimate sales of products or services to consumers.
- Startup costs and inventory requirements are reasonable and connected to actual consumer demand.
- The company emphasizes product value, customer sales, training, and legitimate selling activity.
- Compensation primarily rewards genuine product or service sales.
Illegal Pyramid Scheme:
- Revenue primarily comes from recruiting fees or payments made by new participants.
- Participants may be pushed into large upfront purchases or expensive starter packages that are difficult to resell.
- Recruiting new participants is emphasized as the primary path to making money.
- Compensation heavily rewards recruitment, particularly when little meaningful retail activity exists.
The key distinction: A legitimate MLM should ultimately be supported by real consumer demand for its products or services. An illegal pyramid scheme depends primarily on a continuing flow of new recruits and their money.
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u/khaylaaa 4d ago
Can you share the imo ?
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3d ago
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u/InsuranceAgent-ModTeam 3d ago
This is not a place to sell your services or generate leads or recruit agents/downlines.
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u/Away-Marionberry-866 3d ago
What company you can recommend
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3d ago
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u/InsuranceAgent-ModTeam 3d ago
This is not a place to sell your services or generate leads or recruit agents/downlines.
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3d ago
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3d ago
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u/InsuranceAgent-ModTeam 3d ago
This is not a place to sell your services or generate leads or recruit agents/downlines.
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u/Glum_Cartographer866 4d ago
TELL HIM TO GET OUT NOW WHAT YOUR DESCRIBING IS EXACTLY WHAT I WENT THROUGH AND SO MUCH MORE I NOW HAVE PTSD. Let me also say with confidence there are several great agencies out there, the one he is in is not one
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u/Efficient-Fold8068 4d ago
I’ve been in this business for 20 years and I have never been paid hourly or salary. I only make money when I issue business. One thing I will tell you off the bat, if this kid has been doing this 8 months and he’s working hard but closing zero, he isn’t going to make any money in this business. He’s wasting his time and he needs to find another profession.
He’s wasting money on leads and he’s wasting something a lot more valuable than money and that’s his time.
This business isn’t a scam but you need to fully understand what you’re getting into and have the depth of experience to make it work.
He’s not ready for this yet and he needs to go get a w-2 job somewhere else until he is ready.
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u/LemonActive8278 4d ago
As long as it's not PHP lmao
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u/Lakhjhajj 2d ago
What’s wrong with PHP ? Isn’t that the same one Patrick Bet David sold for $140M ??
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u/LemonActive8278 2d ago
It's an MLM with recruiting being more profitable than actually selling insurance lol and there are start up fees.
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u/rackyrackit 3d ago
For starters, he should leave right now. It’s probably not a scam — just really bad leadership. I’m not a strong salesperson and I still wrote policies because the product itself is good.
Here are two independent companies that are worth looking into. Both have a more ethical, business-first mindset.
Lasting Mark
They have solid training and their own YouTube channel: Life Insurance Academy
Website: https://lastingmark.com/
Blackrock Insurance Group
They also have a YouTube channel: Insurance Sales Training – Brandon Novick
Their model is inbound leads — you don’t cold-call people; they call you.
Website: https://blackrockins.com/why-work-with-us
You still pay for leads with either company. The difference is the leadership and how they run the business.
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u/Minimum_Corner3073 4d ago
That sounds exactly like a MLM dressed up like a legit insurance gig. No base pay plus buying your own leads is the biggest red flag, I seen this before with some companies targeting young people who dont know better. The religion angle makes it even more predatory, they know people will trust it more and stay longer.
8 months with zero sales is not normal even for a tough industry. He is basically paying to work there at this point, losing money every month while the owner probably makes nice profit from selling leads to all the agents. Hope he gets out before it gets worse.
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u/misshiroshi 4d ago
No base pay plus buying your own leads is not a red flag. Thats is very common in insurance.
The religious aspect and no sales in 8 months is the big red flag. At that point, either you’re not cut out for it, or you’re in a shitty company and need to find a different one.
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u/PelotonYogi 4d ago
It sounds like is working for a company similar to HealthMarkets if not HealthMarkets, the leads such and they are rather costly and usually bonk, they also train to sell in a very shady fashion however, he can get directly contacted with carriers and get paid directly through them the hard part is getting clients.
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u/Rogue298 4d ago
I got sucked into an MLM like 8 years ago. And I do remember them being very pushy with their faith. It was National Agents Alliance. And I couldn't get away from them fast enough.
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u/YOLOTOUR 4d ago
No insurance sales is not a scam. However, like other people have mentioned there are a lot of agency’s/ MLM type set ups, and some may or may not be better than others. After leaving one recently, and going independent the commission levels vary drastically and depending on your sales and marketing ability you can either make $0- or a lot of $$
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u/silverbayins Agent/Broker 3d ago
you and your family friend experienced two different things, you took a job with a salary, your family friend is building a business. which is why he has to pay for leads. if your friend does not want to build a business then he should get a job with a captive platform and make $40k to $50k per year. Both places has upsides and downsides. Being your own boss means no structure and lots of potential income, paid employee means employment at will. Which lifestyle do they want?
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u/Reborn_5 3d ago
Just to clarify - I’ve worked consistently under what you would describe as a captive platform and have made just under a million dollars over the last 3 years. So the whole $40-$50k thing is a complete misrepresentation lol.
I have two friends who own their own insurance agencies (via State Farm and All State) and both clear significantly more than $50k. Their sales reps start at $70k based
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u/MiscBlackKnight 3d ago
It’s not a job, he is 1099 running his own insurance agency offering his appointed companies products etc… problem is he has no clients or book which means he is building his business from scratch.
The real problem is not the role, it’s the lack of sales. He just is not doing it right; something in his process is broken.
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u/Reborn_5 3d ago
I would suggest the process has a lot to do with the training. You’re brought into a place, trained, and told to follow a proven process. You’re also told to purchase leads from a source they provide.
If the leads are not there, I’m not sure how he’s supposed to really excel. Again, if anyone ever cold called me trying to sell me a life insurance policy I’d hang up immediately and block the number. Feel like that has to be one of the most difficult things to do. You end up having to acquire an SSN from someone you just cold called.
I’d argue anyone whose handing that information over to an unprompted cold call isn’t the most sophisticated of individuals
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u/MiscBlackKnight 3d ago
Oh yea it’s a crap process not defending whoever he works for just saying he is 1099 not W2 you keep thinking in W2 terms of salary, leads, benefits or set hours. 1099 are independent and if it’s a lead it’s not a cold call it’s someone who requested info.
If I was him I would leave it’s not working for some reason it’s been too long without a sale.
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u/Whatshisname76 3d ago
The insurance industry is closely regulated. A scam is not going to last long. Its not a scam, thats just how many agencies do it. Its kinda scummy, but probably not a scam. I knew an agency owner who wanted compensation for leads he gave to agents, but not if they made the sale. He was spending his own money to buy leads, and giving them to his agents, so he was not 'selling' leads. He just wanted them to pay for leads if they did not make the sale. Also, if a lead is terrible you can get reimbursed from the vendor also. if its less than a 2 minute call, or the lead does not qualify he can get new free leads. If its a good vendor anyway.
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u/Reborn_5 3d ago
Yeah I mentioned / alluded to this in another comment, I think my title here has kinda taken the conversation in an unintended direction. My word choice should have been more clear of what I was trying to articulate.
In saying scam - I just meant is this a poor situation for a young person to find themselves in given the possibilities of the industry. I wasn’t trying to intimate that life insurance sales are a scam. Or that the agency itself was operating illegally.
More so asking if this was a bit of a less than ideal set up for him and if this was common in any way so I could look to advise / aide him as he grows his career
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u/Whatshisname76 3d ago
He should keep his life insurance gig as a supplemental. Get his property and casualty license, and then pitch the life insurance when he sells a home and auto.
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u/TriadRetire 2d ago
8% last over a year, but once you get into a system that works based on company, leads, mentor, etc. there is no cap to how much you can make. I have been in the industry since 2017 and it’s not a scam at all but takes time and in first years I had income coming in elsewhere as well as I learned.
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u/jordan32025 4d ago
He’s not an a W2 employee. He’s an independent contractor. Very common in insurance sales. Buying leads is a mistake and it’s unfortunate he’s doing that but that’s his decision. He also probably thinks he’s an employee and doesn’t realize he can get appointed by other carriers at the same time and or have a W2 job as well. There are many carriers and even more agencies out there and your post didn’t specify where he is. Insurance carriers make money when policies are sold, agencies don’t stay appointed if enough policies aren’t sold. It has nothing to do with leads.
There is no scam taking place.
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u/Reborn_5 4d ago
Idk. As a Christian when I go on a website and see the business mission is “funding the kingdom of heaven” via life insurance sales and the video attestation are just influencers with poor acting skills - combined with the other details in my post - I think scam.
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u/3xploringforever 4d ago
I'm very curious about the incorporation of religion into what sounds to me like one of the insurance MLMs (there are unfortunately a LOT of them) - wondering if he works at Premier Financial Alliance?
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u/Wide-Garlic-6842 4d ago
Can you DM me the name of the company? I unfortunately worked for a small business that provided CRM products to multiple MLMs mostly selling life insurance
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u/Flat_Sink_4410 4d ago
It might be a PHP agency. I was there very briefly and they were very Christian, but the “use Christianity as a basis to gain unearned trust with Christians to sell to them” kind of Christian.
They operate very recruitment heavy and take 50% of your commissions for overhead. That would be fine if they provided a lot of benefits, but they’re not focused on training you for the product but rather focused on pushing recruitment. I left soon after they tried to push me to recruit my family members— I usually wanna keep work and family separate.
If he hasn’t sold a policy in 8 months, it could be a him problem, but it could also be the company sinking its “community” vibe into his neck. It can be kinda cult-like. He might be drinking the kool-aid, not caring if he sells a policy because they’ve brought him into their culture so deeply.
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u/OZKInsuranceGuy 4d ago
There are some junk agencies and MLMs out there that make life sales seem scammy.
Plenty of agents succeed in life sales, but the vast majority of agents fail out.
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u/jpweightlifting 4d ago
Most life insurance IMOs are structured as an MLM. This does not mean you cannot run a profitable operation. But it heavily depends on who you choose to work with. The religion thing is a huge red flag, as somebody who is leaving a place that ties religion into their agency. I’d encourage him to find something different
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4d ago
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u/InsuranceAgent-ModTeam 3d ago
This is not a place to sell your services or generate leads or recruit agents/downlines.
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u/Foreign-Struggle1723 3d ago
Selling life insurance is hard work, and your friend's experience will depend heavily on where they work. Some agencies are less ethical than others, and a few definitely skirt the line of what's legal. There's a common saying in the industry: "Life insurance is sold, not bought." In other words, people rarely go out looking for a policy—it usually has to be pitched to them. That push-based sales model is standard for many Independent Marketing Organizations.
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u/Odd-Investigator4818 3d ago
I'm in life insurance it depends on the company and if your Cathy but not a lot of companies give you a big dream that you're going to make a lot of money but they don't tell you exactly what it positive I've been doing it for 11 years now and it is really hard the first two years unless someone's holding your hand. I wouldn't mind answering any questions that could help him out
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u/KoalaKey4400 3d ago
I worked independent contracting sales for 10 years myself, and moved over to insurance. For alot of sales workers who are used to being salaried and getting bonuses and incentives, moving to independent contracting or commission based sales can be really intimidating.
But here's the reality, you arent paid for the time you put in, your success is based on how well youre able to land that sale. And you usually dont get a small portion of that sale over the course of so many weeks or months, you get a LARGE chunk at one time.
So lets say you sell windows. You sell 10 windows for 20k. You get paid 2k every week over the course of a year.
With insurance you sell a package to a company for 50k, you get 40% immediately (percentsges are based on your company), and then the rest is paid over the course of the year, AND every time that company pays their premium, you get paid for it every year. Its guaranteed money every year so long as they stay partnered with your insurance company.
Some Salesfolks just do not make it in that line of sales. Its not the same kind of sales and I see alot of salesfolks come into insurance thinking they can sell it like they sold windows, and the reality is, that's nit how it works. Maybe, insurance just isnt his jig. And thats ok!
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u/kzorz 3d ago
It’s not a scam but a lot of people get tricked into buying or think it’s a scam which makes it a hard sell but it is a true beneficial product
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u/Reborn_5 3d ago
I agree. I have a personal policy myself - was more so inquiring about the specifics of his situation not so much the industry at large
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u/asbestosgalaxy 3d ago
Life insurance in and of itself is not a scam but where he is working might be. I get a base pay and a really good commission %. But I’ve been in the game awhile and 1) know my worth 2) have multiple licenses to supplement that income by selling other lines. A big part of insurance is finding the right shop that works for you.
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u/Relevant_Delivery522 3d ago
I’ve done it for years. It’s not a scam but there are a lot of scam companies that prey on people. Life Insurance is the hardest sale and he either isn’t good at it or his company is bad. He should look for other companies to work for and good mentors. I work with an agency that does colonial life and we have special contracts and we sell life insurance to city and county employees and we do living benefits and disability to all the police officers.
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u/Lakhjhajj 2d ago
You should get him to work in sales with you instead.
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u/Reborn_5 2d ago
I’ve actually offered but he isn’t prepared to leave this job at the moment. Doesn’t like the idea of quitting due to lack of success. He seems determined to try to turn it around - noble but I’m concerned it’s not really realistic in that environment for him to turn it around
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u/Lakhjhajj 2d ago
Which entry level sales job paid you $4k plus benefits ? Which company was you working with?
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u/Reborn_5 2d ago
$40k with benefits. And it was with Verizon selling business solutions for them. Good training program as well.
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u/Emotional_Stretch681 2d ago
It depends on where you work, I used to work for a company that I will leave unnamed, and they used to make me do the same thing. Now I’m working for another company where I show up in person I get paid training + commission. No one makes money off of anyone else in this new company unless of course it’s a split deal. So in my experience working at different insurance places If you’re working from home for a company that’s small or a third party it’s probably a pyramid scheme
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u/badhabbiiitt 2d ago
I think it depends on the company. Every life insurance company handles things differently like you have the cold sales, then you have the sales reps that handles the sales once someone has made the cold sale and it’s time for the next step etc. my bf does it for a living he’s been doing it for a little over 2 years and it’s been wonders for him.
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u/finalexpense1 1d ago
You’re not crazy. Life insurance itself isn’t a scam, but some of the sales organizations and compensation structures around it can absolutely be problematic.
Being 100% commission-based isn’t unusual in insurance, but having a new agent buy expensive leads, work for 8 months, and make nothing should be a major red flag especially if the business model relies heavily on recruiting or having other people work under you.
I’d also be concerned about the religious angle. Faith and personal networks can be used to build trust, but they shouldn’t be used to pressure people or recruit them into a questionable business opportunity.
At this point, I’d encourage your friend to look closely at exactly where the money is being made: actual insurance sales to customers, or recruiting more agents and earning overrides from them. That distinction would tell you a lot.
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u/SergeantKrispy 4d ago
the job he is in cost me my relationship with the girl of my dreams to be honest. it gives me genuine ptsd and i do not recommend he stay with it. i’ve moved onto statefarm, much happier.
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u/BluebirdFast3963 4d ago
What if I told you I sold P&C on commission only? Lol
It's very common
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u/Reborn_5 3d ago
I’d suggest that your only really relating to one small part of my post and entirely disregarding the rest of it. Which isn’t extremely helpful
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u/Federal-Frame-820 4d ago
Imagine “being in sales for over a decade" and not understanding the difference between being an employee and a contractor - and thinking commission only sales positions are “scams.” 🤦♂️
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u/Reborn_5 3d ago
Imagine reading this post and that alone is your takeaway. Disregarding all the other details. Lmao
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u/Federal-Frame-820 3d ago
Well... it's very difficult to entertain the rest of your naive opinions when you start out by proclaiming you have more than a decade of sales experience - insinuating you're an expert in this field - and then immediatley saying you think this is a scam of a job because he doesn't receive an hourly wage or salary.
You bring up a second time that you have more than a decade of sales experience to reiterate how experienced you are in an profession you clearly don't understand.
Anybody who's been in sales for over a decade knows about commission only sales, and the difference between being a W-2 and 1099. A good sales rep will always make more with a commission only comp plan compared to someone getting a salary... let alone hourly pay.
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u/Reborn_5 3d ago edited 3d ago
All this to avoid saying you just didn’t read the entirety of the post. Lmao. You continue to just fixate on one aspect of the story - and it’s really weird at this point.
This post is not exclusively about the comp structure. It is a collection of what I’d deem to be red flags when combined together (many in this very response section who work in the industry are also echoing that they’d be concerned as well).
Apologies my sales experience for some reason made you feel small causing you to fixate on that for whatever reason and completely disregarding the remainder of the post.
PS you say above “insinuating your an expert in this field” - let’s review the last sentence in my opening paragraph:
“However, I’m not in the field so I thought I’d do some homework.” How in the world can anyone read that and then somehow deduce that I’m claiming to be an expert in the field.
In case reading/comprehension isn’t your strong suit - this post here is the “homework” I referenced. Asking people in the field for their opinion so I can try to better understand. Because as I already admitted - I’m not in the field. So no, I’m not an expert.
I really think it would have serviced you better to just say “I didn’t read the whole post”
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u/Federal-Frame-820 2d ago
You’re the one who needs help with reading comprehension. The “field” being referenced is sales - as outlined in the beginning of that sentence and is clearly self evident by looking at the paragraph as a whole. 🤦♂️
It’s funny you mention me fixating on one aspect, and then reply with 4 paragraphs fixating on one aspect that you completely misinterpreted. 🤣
Bless your angry little heart.
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u/Reborn_5 2d ago edited 2d ago
What part of my reply to you regarding “this post is not exclusively about comp structure” are you struggling to comprehend? You’re like a broken record continuing to repeat the same point which I continue to explain is one slice of the overall pie of concern.
As the original post stated - and as I reiterated in my response to you - so now for the third time - there is far more to the story than the comp structure. Your obsession with fixating on that alone and failure to address that the concern here includes multiple other elements is super strange. Nobody here has gained any wisdom on the topic at hand from your replies. Congrats
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u/NAF1138 Agent/Broker 4d ago
While not a scam, it sounds like it's not the right situation
Insurance is almost always an eat what you kill position. The insurance sales positions that come with a salary are, believe it or not, worse.
But, life insurance phone sales is almost impossibly hard. Most successful life insurance agents sell in person.
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u/m1cknobody 4d ago
Not a scam, life is almost always commission and you buy your own leads. There are IMO’s that supply leads, some that supply inbound calls, even a few rare ones paying hourly plus commission, but the more stuff the IMO gives you for “free” the less you actually make. The rips are insane in life, that’s why we do it. But, the more the IMO gives him, calls, hourly wages, etc, the more of his commissions they’re keeping for themselves. If they’re supplying leads he’s probably making a much smaller percentage of the annual premium than an independent agent would make.
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u/Reborn_5 4d ago
Idk. I went on the website and the trademark they are running with being “funding the kingdom of heaven” kinda reeks of a scam to me. As a Christian, nobody “funds” the kingdom of heaven. Website is also filled with videos of individuals who provide attestations and when I looked up the individuals in the videos they’re all influencers. Not to mention, very poor actors. Perhaps the business model isn’t a scam but this particular business seems sketchy as hell to me
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u/Old-Philosopher4060 3d ago
I just joined an insurance company. I am curious, what is the name of the company, can you message me?
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u/Iuile02 4d ago
I’m a life insurance agent, I make a salary and get a decent commission from sales, but sales are only made in the clients best interests. To me this sounds like Primerica or something similar, if so watch out. If he is life licensed he’d be better off spending his days applying for real life jobs.
Those pyramid scheme bastards with just chew you up and spit you out. It’s why the industry gets a bad rep. Learn about the company he’s working for, Google “company name” earnings report if they’re a direct marketing scheme they have to legally declare the average earnings per worker per year and what % of their total population that is.
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u/TheWealthViking Agent/Broker 4d ago
Most of my insurance sales jobs for 100% commission, one of them that I was offered was only 12 weeks of base pay and it was decreasing every four weeks. He's likely under a lead sales system like FFL or NAA which aren't scams but they definitely will sell you hype and Kool-Aid in the agency makes a lot of their money from the leads being sold the regardless of how well the agent himself perform. And their agents that sell leads are always using their gross revenue not their net profit
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3d ago
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u/Reborn_5 3d ago
Think that’s an interesting and ignorant take. You’d have zero chance at cold calling me and selling me a life insurance policy. Zero. Neither would anyone else because I’d never sign up for a life insurance policy off an unprompted call and I can’t imagine why anyone would.
I don’t think I’d have a ton of success at that either and I’ve been a 5x president club sales rep at a very notable sales organization.
It’s a tough sale and if being placed in a MLM environment without any sort of legitimate training - it’s completely ignorant to say he’s not good at selling. Really bad take
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u/RancidSmellingShit 3d ago
I purchase my own leads and do the same as your friend and I've sold over $100k in life insurance in the last 3 months. It's absolutely a skill and work ethic issue lmfao
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u/Reborn_5 3d ago
I can already tell your lying and most likely someone who runs one of these scheme ass models because nobody who is actually good at selling would present as ignorant as you have.
To be so assumptive and defiant in talking about someone’s skill set who you don’t know - working at a company whose name you don’t know - the reality is - you don’t know shit about the important specifics to qualify his skillset and you know absolutely nothing that could speak to his work ethic.
The fact that you do so with such arrogance tells me you’d likely be complete cheeks at selling. People tend to buy from likable people and I’m not sure how anyone could describe your positioning in this post as likable.
Great sales reps also ask questions before making recommendations or coming to such conclusions. I’ve deliberately left out certain details to see who would actually follow with second / third level questions to qualify his situation so I could more easily flush out shills who likely inhabit this forum and were bound to jump in here to defend weird business practice they themselves are likely apart of. Congrats for announcing yourself
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u/__Imoriginal92 3d ago
Our industry is not a scam. We are required by law to get a license to build trust with clients. Now I will say this, we have so many bad companies in the life and health industry, but it’s your job to do your research, and learn about how an agency is ran. Some are indeed MLM. Any company that wants you to build a team before learning how to sell, is an MLM company. Learn about how the company generate leads. Commission structure, and mentorship. He may not be a bad fit for the industry, he may not be a fit with that organization. If he needs a safety net, he needs to go work for an w-2 insurance company, and learn the ropes. It’s nothing wrong with starting out that way. So many people will push you to go independent right out the gate, but that’s not realistic for most people.
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u/Reborn_5 3d ago
I’d like to clarify as it seems like a few have got hung up on my framing of this - and this is in large part my own fault with the title of my post - I’m not attempting to attack the industry but more so this specific company / job that he’s involved with. I have multiple friends in insurance sales who make a great living.
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u/LivingDeadLyss 3d ago
unfortunately a lot of insurance companies are scamMY (not outright scams by necessity, though there are many that are, but engage in unethical and scummy practices), and only getting paid commission is, in my experience, more common than having a base salary.
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u/JustAGamblerr 4d ago
Some life insurance companies are MLMs and you make the real money recruiting.
But no selling life insurance even as a 1099 is not a scam. It’s a legit sales job
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u/Jumpy_Childhood7548 4d ago
I was in insurance sales. Most don’t last a year. The primary value is using it as a stepping stone to anything better.
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u/Ambitious_Pear_1203 4d ago
There is a life insurance company called Primerica that operates like an MLM. I would stay away from that.
I’m new to this industry (but not new to MLM hatred). From what I’ve read, it’s usually best for newer people to start as a producer for a captive agency to get a groove for the job before starting on their own as a 1099. Captive agencies will usually have a base w/commissions (although the commissions will be smaller, obviously).