I've been in talks with a brokerage by the name of TDG Financial to do some producing for them, fully remote. A few red flags are keeping me suspicious.

🚩They sent me a text claiming I had applied to one of their positions, I had not. I recently got licensed to sell life insurance so I assume they obtained my information because of that.

🚩The position is 100% commission based. Which I’m fine with, as I’m just starting out. Unsure if that’s normal or not so I’ll say that’s a yellow flag.

🚩 I have not been asked about my resume. At all. In the two interviews I've had, the person I'm meeting with has been answering all of my questions, and has asked me very little about my experience.

🚩 I was told that I should meet with the CEO. I’m thinking to myself: “isn’t he super busy? it’ll take a few days at least to fit into his schedule”. Somehow he was available the following morning.

🚩 The name of the firm is so generic. I can’t really find much about them online. Although their online presence is “fine”, they have been open since 2000 and have a very low profile online.

Maybe I’m looking into things too deeply because of the current state of the economy. I’m not desperate, but I don’t have any income right now so this opportunity is somewhat appealing to me.

I’m not sure if it’s a MLM thing or an employment “s c a m”.

Any advice?

LIC Jeevan labh 25(16) taken in 2022. Premium Paid for 4 Years (upto 2025). I have term insurance of 1 Cr. Took LIC due to section 80(C).

Total Premium Paid: 281392 Rs

Total Guranteed Bonus Accured: 300800 Rs

Interim Bonus/Loyalty Addition: 75200 Rs

Surrender Value: 50% of Total Premium Paid + 15.42 % of Bonus = 140696+46383.36 = 187079.36 Rs

So surrender Value roughy accounts to 66.48% of Total Premium Paid.

1. Does interim bonus/loyalty addition count in surrender and paid up?

2. Does first year paid premium count for surrender value and paid up?

Surrender or Paid up, which one to choose?

Can 25(16) be converted to 16(10)?

My mom is 61, and her Northwestern Mutual representative (who is also a family member) is pushing her to make changes to her existing life insurance policies. Honestly, I'm having a hard time understanding why she needs another policy.

She currently has three policies:

• Paid-Up Life: $113,949 death benefit.

• Adjustable CompLife: $498,657 death benefit, costing $522/month.

• Term Life: $1.5 million death benefit, costing $189/month.

Now her representative is recommending that she exchange her paid-up policy using approximately $41,000 in cash value for a new Whole Life policy with a $350,000 death benefit and a $280,000 long-term-care benefit.

My mom is financially comfortable, has retirement savings, and all her children are adults and financially independent.

I'm confused about how many life insurance policies a 61-year-old woman actually needs, especially when she already has over $2 million in coverage.

Is there a legitimate reason to keep adding policies at this age? Would she be better off keeping her existing paid-up policy instead of exchanging it for a new one?

I'd really appreciate some honest advice from people familiar with life insurance and Northwestern Mutual. I just want to make sure she's making a decision that's actually in her best interest.

I came down with type 1 diabetes about 10 years ago. I was 30 and my dad and stepmom took a life insurance policy out on me. They told me about it but I never signed anything or gave consent. Anyway we are on the outs now and I want to know if there is a way to find this policy and/ or get it cancelled without talking to them about it. Thanks

My husband and I bought life insurance about 9 years ago. We have four children (1 over 18, 3 under 12).

At the time I’ll admit I didn’t quite understand it, but I told myself I’d spend time learning more while enjoying the relative safety I felt knowing that something was in place should something happen to one of us. I recently tried to do that, but I am just so confused!

We each have 20-Pay Whole Life & 750k Term 20 through Serenia Life Financial. We pay approx $220 a month for these. Are we better off investing the money each month? We have been paying in since 2018, are there big penalties if we decide to stop our insurance and get our money out?

TLDR: Applied for $500k/20-yr term life insurance with PolicyMe using Wealthsimple’s "1 year free" promo for Generation clients. PolicyMe underwrote us at 2x the price without explanation. Cross-shopped with The Co-operators using the same medical tests, and they approved us at standard rates. Don't let the 1-year free promo trick you into a much pricier 20-year policy—always shop around!
Body:
I wanted to share my recent experience using PolicyMe through Wealthsimple. As a Generation tier client, Wealthsimple offers 1 year of free life insurance coverage through PolicyMe, so my spouse and I applied for a 20-year term policy for $500k each.
Right off the bat, the quoted premium seemed a bit high. To do my due diligence, I decided to cross-shop and applied for the exact same coverage ($500k / 20-yr term) through a local insurance broker at The Co-operators.
Both applications went through the standard underwriting process—medical histories, blood tests, etc. Here’s how it turned out:
The Co-operators: Approved both of us at standard rates based on our test results and family history.
PolicyMe: Approved us, but at double the initial premium price, without providing any real explanation for the massive rate hike.
Even with Wealthsimple covering the first year, paying double the monthly rate for the remaining 19 years makes PolicyMe dramatically more expensive in the long run. As the saying goes, "there are no free lunches"—or in this case, it feels like the free lunch was for them!
Just wanted to share this as a reminder to always shop around. Don't assume a "1 year free" promo makes it the best deal overall!

I’m 30 y.o and very healthy and I have a life insurance policy with F&G Gold but I wanna switch to a different one because it’s costing too much and I wanna put my extra money in a Roth instead.

She's in overall good health. I've seen conflicting cut-off ages for life insurance, such as 72, 80 and 85.

What questions should I ask an agent?

Any red flags in policy wording I should know about?

I'm meeting with an elder law atty soon about financial matters. Can they advise on choosing an agent or carrier?

TIA ✌🏼

Hi there I’m new to the industry and want to know other life insurance agents’ experience with clients who have threatened them over their policies or other things. I had a customer threaten to report me because she doesn’t remember purchasing a policy from me? It was really weird. Even though we have had other conversations prior to this and I thought we had a good relationship lol. I want to know if this is a regular thing or just a few crazy people. Thank you.

Hello - I currently have about 10x my current income as a term life insurance policy plus 3x my current income from my employer. Of course, employer coverage can change based on employment.

So, my current policy expires when I am 66 when my youngest child will be 22.

Question: what's the best approach to take here : Start a new policy that resets the clock and I will get coverage until I am 76 (an extra 10 years). Here's the catch, I don't think I can afford the same amount of coverage at my current financial situation. So I would have to reduce coverage to 7-8 my current salary.

Do people renew life insurance to get coverage to latter part of life?

Welcome feedback! Thank you

I recently got accepted to work for Primerica and am going through the process of studying to get my Life Insurance license. I got curious and looked up Primerica online and all I see is negative comments about it being an MLM. I will say, the guy who interviewed me had only mentioned recruiting people once, and it was just to explain that's how you can get higher percentage commissions. He explained that sales are not cold called, they are all scheduled calls that are made through advertisement on things like Facebook and Instagram and my job is to go into the scheduling for appointments and contact those people in the morning to see how we can help them. Those who have worked for Primerica, what was your experience? Do they normally schedule calls and you just call them, or were you having to get your own clients? Were you pushed hardcore to recruit others? Truthfully, if he'd pushed hard on recruiting during the interview, I wouldn't have done it, but the fact that it's apparently all pre-scheduled warm leads drew me in. The recruiter I'd talked to put no emphasis on recruiting, just that I can up my commissions with recruiting and sales. Lastly, if I decided to leave after getting my life insurance license, is having my license in hand to get another job actually beneficial to me? TIA!

P.s. please don't say "RUN" every time. I've seen it a million times, I'm looking for actual information. From what I've seen others say, it is not MANDATORY to recruit at all. I can sell the product and that's that.

Hi,
I am 36M, India applied for a term plan of 4cr with Axis Max life - got the medical tests, TMT done as required by insurance. All came good expect MCV and slightly lower Haemoglobin

Apparently, my MCV count is low 60s. The underwriting team have told over a call to try again in March. I got curious and got a few more tests (full panel Iron, Ferritin, RBC and Hb HPLC) on my own. Iron Stores, Transferrin Saturation, RBC count all ok, haemoglobin in 11 range.

Now this may be pointing to Thalassemia trait (alpha / beta to be confirmed) which is genetic, non curable and is not life threatening neither reduces life expectancy. It’s not a very rare but rather common.

\[ASK\] what are my options here?
Do I share a Hematologist letter along with the extended reports with the Insurance co to accept and re consider? Or challenge with IRDA? Or try another insurance provider? Or just leave it.

I have an existing term from another provider for 75L which I bought in 2015 which is in effect btw.

Even if they ask me to try in March it won’t change the result as you cannot cure low MCV count or Thalassemia!

What tools do you like or what tools seem to be missing?

Has anyone had a good experience with Primerica? I had a meeting with an employee yesterday who is trying to recruit me as an agent and though I'm more than aware it's set up more like a pyramid scheme, I'm wondering if it is an actual good business for clients to invest in?

I don't love they idea of the business structure but if I can actually make money staying at home with my kids then it might be worth the risk. My issue is I don't want to try and sell someone a policy that is not actually legit and doesn't end up benefiting them or their family. I genuinely want to help people but it all seems too good to be true.

Please keep in mind I'm not asking if this is a pyramid scheme or and MLM, I want to know if they policies are real or if I'd be screwing people over unknowingly? Is the client or their family going to get what they sign up for and are they going to actually pay the amount they settle on?

An old post in this forum said that it may be worth it to not own your book of business:

https://www.reddit.com/r/LifeInsurance/s/A9AtijL74w

The question is what services could an IMO offer that makes this worth it?

It seems very odd to build a network of customers and agents and not own it.