Former Agent....Tinton Falls N.J. - Insurance Agent Bankers Life Employee Review

1.0
26 Jan 2013
Recommend
CEO approval
Business outlook

Pros

Very good training....I learned alot Medicare. Alot of online training courses as well as weekly classes in office.

Cons

Very long hours, you are to be in the office 2 days a week at 8:00am till sometimes 7pm or later and they ask you to come in on Saturdays al least 3 times a month.. Cold calling, the leads that you pay for are recycled leads and most of them say they diddent request any information. Managers have signs on there doors that say, if your not booked not to bother them and on the doors tghere are signs saying, see your manager before you leave if your not booked. They tell you just get in the door, you will find a need, sale. They favor managers and top producers with quality leads,they get them first. When I saw how bad the leads were and the fact that you are paying for your leads, I asked if I could purchase leads from a lead company and I was told they would termenate my contract if I did. I thoughjt I was 1099 employee, self employed and I could not invest my own money to my buisness. Once you make your sna, you are on your own. They hire anyone somtimes 10 new agents a month. Your expected to knock on peoples doors to get buisness, but most of the time they tell you off or dont answer the door. When you do get a appointment %50 of the time you get porched, so they tell you to double book even more so if you think there is no money there. Basiclly your saying anything to get in the door. Just get in the door, call the people who are home is wehat your told to do. Oh, andf have at least 1 years salery saved up your going to need it. Because there is so much compition and so many agent and most of all horrible leads, I'm sorry I wasted 9 months with no money, no support.

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5.0
6 May 2026
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CEO approval
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Pros

Friendly staff and good atmosphere

Cons

I don’t have any cons.

5.0
26 Apr 2016
Recommend
CEO approval
Business outlook

Pros

Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: contact and LEAD management, electronic business submission, an incredible proprietary mobile application. I have 11 companies I can be appointed with - making sure my clients get the best program for what they NEED. A great opportunity to receive great training, work with great people and make a great living, all for helping people.

Cons

This opportunity is just that, an opportunity. Those who don't take advantage of it won't think it is a good one. Even successful people deal with a ton of rejection, thick skin is needed. With a 40% closing ratio, I still hear "No" more than "Yes".

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