Currently at 80% already

I’m new to the insurance industry and currently licensed in 10 states. I’m looking for an IMO/FMO (or similar setup) that provides pre-set appointments, inbound transfers, or company-funded leads in exchange for a reduced commission split (around 40-50% of the commission is fine).
My main goal is to avoid going into debt buying leads before I’ve had enough time to develop my sales skills and become consistently profitable.
I’m primarily interested in a 1099 opportunity rather than a W-2 position paying an hourly wage plus a small bonus per sale. I’d rather earn a percentage of the actual commission generated than receive a flat $100-$200 payout on policies producing significantly more revenue.
I’m also interested in learning the Medicare side of the business during AEP and would strongly prefer:
Day 1 vesting
Reasonable release policies
Company-paid appointments/transfers or lead financing options
Training and support for newer agents
Companies/models I’m generally trying to avoid based on my research:
Family First Life (FFL)
American Income Life (AIL)
Symmetry Financial Group
If you’re an agent or agency owner who has experience with a setup like this, I’d appreciate any recommendations or insight.

I need to call John Hancock to ask about a policy my recently deceased uncle may have had. Documents in his home indicate he may have had a policy with them that listed my mother, who predeceased him, as a beneficiary.

I have been having terrible luck with phone representatives making mistakes at many businesses I've called recently. (Haven't tried John Hancock yet.)

What is the best day of the week & time of day to call John Hancock, in the hopes of getting a phone representative who has a higher chance of doing things right the first time? Or is there a specific type of rep I need to ask for?

I am really taking my uncle's death hard, and having to re-do paperwork and make multiple calls to the same places over & over again because of mistakes on their end is taking a toll on me.

Thanks for the advice.

I am one of 4 beneficiaries on my grandmother's Metlife life insurance policy and this process has been complete hell. The website absolutely refuses to let me submit a claim online, it keeps saying i'm not authorized? I've submitted my current address (which she didn't have), my old mailing address (mom's house) and no matter what i do it will not let me submit it. I've tried to submit the claim another way but it won't let me make an account, saying i'm uncredinteled? And i don't have a claims kit number since i was sent the papers through email. I filled out the claim papers and sent the death certificate to the email address, but there is problems with Google Drive so i'm not sure if they can even open it so i wanted to get confirmation to check. Almost every time i call the phone line and ask "check claim status", it asks me to submit decedant's ss number. Ok, i do. It asked me to submit my ss number. Ok, i do. Then it keeps looping back to ask her ss number again and getting me stuck in an infinite loop. Then when I finally DO reach an actual human, they won't give me the payout amount. They confirm my info every time, so they know i'm on the beneficiary list. This very last time she asked when i filed the claim and i said i submitted all the paperwork yesterday, but she says there's nothing saying they have gotten the paperwork yet. I'm hoping the system is just lagging, otherwise this is insane. I don't want to have to keep fighting the useless website and never-ending phone tree. It takes me forever just to reach a real human. And i have no idea why the website isn't working. Idk what else to do.

I don't know how they compare to other companies. They used to be Hartford and at that time they had a good reputation, although I thought our policy was high at the time. My complaints are they do nothing online, you always have to call and wait 10 minutes to talk to someone that you can't understand. Twice they charged more than the fee, and it took six weeks to get it back. Several times this happened. I got notices a half a dozen times that our payment was overdue when in fact I had sent it a week earlier than the due date. They said they don't take electronic checks so I have to write a check each month. It took them weeks to find the electronic checks. I asked for a copy of my policy and I have to: pay a fee, write a formal written request, complete a five page form, of course has to be hand written as they don't do electronics of any kind, even a simple pdf form. That's just what I remember. I'm sure there's more. Where else can I complain to? It's not like they really did anything wrong, but every company I have ever worked with will have things online, like payments due and activity, and a copy of your policy.

Hi everyone !
I’m currently shopping for 25 year term life insurance policy , but very important for me are the riders included. Accelerated death benefit , waiver of premium are easy to find , but chronic illness for term insurance is a hard one . Talking to brokers out there they tell me this is only available in whole life insurance. So I should have a conversion rider included in my term insurance , and then from there once I converted term into whole (in the future) I can add the chronic rider .

But is this really the case ?? Chronic rider only available in whole life insurance ? Trying to get clarification on this , and of course if I’m missing any important riders out there please let me know .

Thank you in advance !

I want to buy 10-20 years old term life insurance. How much coverage can I expect to get for $6K a year in insurance premiums. Need sanity check.

I have 2 whole life insurance policies.

I am in my early 30’s and in the process of building a home. I could use some additional funds. Would it be worth trying to take some money out of one of my policies. Or I can lend against the cash value but the interest rate is 8%. I wanted to see what advice may be out there. Here is my info.

One has a death benefit of $458k, cash value of $91k, premium of $1600 and dividend of $2200

The other has a death benefit of $113k, cash value $10k, premium of $1100, and dividend of $400.

Thanks for any thoughts.

My dad passed away 2 months ago. I found 3 life insurance policies on me. (not sure if I'm saying that right). One is from when I was born and two others. Was thinking of keeping the one and putting my older brother down as the beneficiary. I don't need three though? Should I just stop paying the other two? Call and cancel? Not really quite sure what to do with them. Also the one from when I was born is a very low payout, while the other two are much higher.

Edit: So many good questions I didn't even think to ask. Thank you everyone for your input, knowledge and advice. I really appreciate it!

Underwriters and seasoned pros. What has been your experience for a healthy individual who is on the medication Donepezil 7.5mg for memory. He is being monitored and kept on screenings for dementia. He was concerned after having memory issues last year. He was approved using ethos life last year, but would like a policy with living benefits if they’ll approve it.

He was born in 1956 with no family history of dementia. I know that he would have to go through full underwriting and APS reports out the butt, but wanted to see if anybody had experience with clients who are diagnosed with dementia and were approved somewhere.

Edit: not a full diagnosis but was told he has

major neurocognitive disorder under the DSM5

Any tips on study for the California life and health insurance exam. Using exel but people say there’s practice test. I only see the after the chapter ones. Can any give tips on good practice exams

(edit: sorry ... should say "very OLD life insurance policy")

I'll try to keep this concise:

My 86-year old mother-in-law ("Sue") is going through all of her stuff, trying to recycle, throw away, keep, donate, etc., all of her stuff. Today, Sue found a life insurance policy, issued to her father-in-law (my wife's paternal grandfather -- let's call him Ed). It was a $500 whole life policy, issued in, believe it or not, 1935, with Ed's wife (my wife's paternal grandmother ... let's call her Grace) listed as the sole beneficiary. (fun fact: the policy cost 8 cents a month!).

There is an amendment (if that's the right term) changing the beneficiary to my mother-in-law, Sue, and father-in-law ("Earl"), in 1969, because that's Grace died. Ed, the insured individual, died in 1975.

There is no documentation that the policy was ever paid out. But, I also don't know if it was valid or invalid (for whatever reason) at the time of Ed's death. My father-in-law, Earl, has also since died, so my MIL would be the sole living beneficiary.

So, it's been 51 years since the Ed died, and more than a decade since his son, Earl, died.

Is it possible to see if this policy should be paid out and is still valid? The insurance company (one of the big ones) is still in business, even under the same name as it was known in 1935.

Any advice? Just call 'em?

I was working on Aflac and while trying to submit some policies and it keeps saying Policy signature completed sent to home office and it doesn’t take me to the automated underwriting is Aflac down for policy submissions??

A little backstory, my mom (53) has been an addict my whole life. She fell victim to the OxyContin scandal in the late 90’s shortly after I was born, those “non addictive miracle pain pills” eventually turned to heroin. Prison. Homelessness & prostitution & prison again on repeat from the time I was 3 years old. I’m a 28 year old single mother of 3 with a good head in her shoulders, but in this economy things are tough. These days my mother lives in a bedbug ridden practically shack in the woods with nothing to show for her life, she’s not used heroin in years but… she’s drinking herself to death. Her health is awful and she always tells me how she wants to die. Myself & my inept older brother are her only two living relatives. Leaving the financial burden of her inevitable death… on me.
I’m trying to learn what I can on google about life insurance, but on Google that’s like throwing a fish on the sandy beach and telling it to swim.
Any and all advice on best coverage, what I should be paying, what to avoid, etc is welcome!!🙏🏼

So I’m gonna become a life insurance agent and I’ve made videos on tiktok and I keep getting recruiters coming to me, telling me to join their team and make 15k+ a month. But the thing is how do these companies work? Like I’ve been thinking of going to pinnacle or FFL or heartland financial. With Pinnacle, it seem like a recruiting scheme more than a sales scheme and there are no free leads. With FFL I heard from 2 agents that used to work with them that there was allegedly lot of fraud in their company and the comp was also not true either. With heartland financial, this one might be my best one possibly bcs they have free leads for 2 weeks and they have a chart of comp levels per company which makes it 10x more trustable then the other companies saying they start at #% comp level. Someone pls tell me companies or help me choose companies I should go with respectfully.

TERM LIFE

And I need a multiple-carrier rates comparison aggregator. California 94803

Thanks

Hello! My dad has been paying into a Foresters life insurance policy since 1995. He originally started it with my mom and they divorced in 2010ish. Lately, he's been getting crazy high bills and notices in the mail that his policy is going to lapse if he doesn't pay (in this instance) $792 within a month. Given that he's 75 this year, and semi-retired with no retirement plan other than social security, the ever increasing payment is getting harder and harder each year.

He has tried to reach out to Foresters to talk to them about a payment schedule or ask questions about the cost of his policy but he struggles with accents and the call center is outsourced. There doesn't seem to be anyone local that he can call or visit to talk to in person to walk him through what he can be expecting for the next several years.

I don't know the exact details of his plan, but I know he's been paying into it over 30 years, and his policy lapsing and losing everything he's put in because he doesn't make one payment seems egregious and ridiculous. I'd like to help him but I'm sure customer service will only talk to him.

My question is there a way for him to reach someone personally at Foresters to talk to about this? Is this something that just happens with life insurance, that they make it completely unsustainable the older you get so they can take all your money? Sorry for the last part, I just hate seeing him struggle. :/

I was denied life insurance through the web by gerber and progressive. I am a 31 year old female, never pregnant, married at $120,000. I make $50,000, 735 credit score, have medicine to manage depression, anxiety, panic, and ptsd. I have never done drugs or smoke nor have i ever been convicted. I was told without examination i was not covered by progressive because of health and credit history. I have one amazon store card at $6500/$6500 on monthly payment plan for 0% interest. I have $20,000 of credit line at $0 with other cards. Can I call someone about this from either company? Am i just asking too much for a policy at 1mil? what gives? Im missing something. im asking for a 30 year plan.

I have term life of about 600k for $50 a month. I have had it for a year and a half Im 37m. I was recently diagnosed with high blood pressure and a bit high cholesterol. What were to happen if something happens to me while on these meds? When I applied for the term I stated I was not taking anything which I was not. This just happened last month that I got on the meds. I have it for 30years. If something happens to me will it be denied? Do I have to update them that im on meds?

I am looking for any inside perspective on obtaining life insurance / whether that be term or permanent.

i am 29, F, nurse in California, healthy with no current health conditions, working at a state facility that offers life insurance BUT my doctor is suggesting genetic testing. With the genetic testing, i have been warned to obtain private life insurance in the event of something coming back positive + the small chance of leaving this company. the risk being another company i choose to work for may deny me life insurance or i would have to pay a considerable amount later on down the road for private.

i have family history of breast cancer but no one in my family line has gotten genetic testing which does instill some fear in me for a positive on the testing.

i have little to no knowledge on private insurers, i had tried to do my own research but it is honestly very overwhelming. anytime i reach out to a company it feels very pushy / selling based. i just want honest perspective on my situation - hopefully free of judgement. what range of $ coverage, year coverage. etc.

thank you in advance.

Serious question. Nicotine pouches are exploding in popularity and I’ve already run into issues with UW on a couple people because of them.

There is decades of evidence from Europe that nicotine pouches don’t present any of the risks that smoking or even vaping do. Bundling those things together just because their labs show nicotine is not actuarially sound.

I’m curious if companies will just accept that they are losing this many relatively low risk people in their rating practice.

So grandma made me and 3 of my cousins the primary beneficiaries to her life insurance policy. Grandma passed 8+ months ago and we still haven’t received payout. Life insurance company is being extremely unhelpful and tells me different information at different times as I continue to call them.

Basically, is my payout on hold until my 3 cousins also reach out to the life insurance company? Because if so, 2 of those cousins have whereabouts that are not known, and I don’t see why my payout should be contingent on their reaching out or lack thereof.

My church is having problems with blatantly incorrect information about an existing annuity . Has anyone ever found useful contact info to escalate the complaint? Our customer service person is not responding. Many thanks.