Wish there was a way to give NO stars. - Insurance Agent Bankers Life Employee Review

1.0
26 Nov 2015
Recommend
CEO approval
Business outlook

Pros

I have learned a very hard life lesson. Evil corporations will ruin people. There will be no justice, in this life, for those who fall victim.

Cons

This company should not be listing this position as commission based. In actuality you will be spending a lot of your own money. These costs include leads that have little to no value, cell phone for the hundreds of calls you will be making, all travel expenses, plus a laptop and IPad. Of course these can be written off on your taxes but footing all these expenses out front can be burdensome to someone who does not have the means to pay to work. It should also be noted that even when you write a policy, everyone in your office gets a piece. So if by some chance home office actually issues it months later, its a mere spit in your bucket. Which brings me to another issue, be prepared for not having any checks regularly issued. Home office will either not issue, not inform you of missing info so discrepancies can be cleared before they destroy you and if they do give you a check it won't be long before they charge it back and leave you and your family broke. Bonuses are the carrot on the end of the stick. 5 years.. Every time, my bonus has been taken away at the last second over some detail that came out of nowhere. I have faced eviction 3 times this year, haven't had a check in 2 months and will most likely lose my home by the end of the month, just in time for the holidays. Combat Vet with young kids. Thanks Bankers!

Explore other reviews about Bankers Life

5.0
6 May 2026
Recommend
CEO approval
Business outlook

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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