I hate to say it but since filming this, our approval % with Lumico has gotten worse and as I mentioned in the video, we were already seeing some approval issues. If this doesn't change fast, I won't be contracting new agents with them any more. SBLI for the win!
Yes but the issue you might have is that you won't be able to write the TERM products. As silly as this sounds, it's one way or the other with SBLI. You either have access to the older products, or the Living Legacy - but not both!
@@douglasmassi1593 I spoke with them last week and was told I needed an IMO or an agency in order to contract with them. Needless to say I was disappointed to hear that.
3. Lumico 2.AmericanAmicable 1.SBLI
Since making this video, we've seen Horrible approval rates for Lumico and no longer use them at all.
@@douglasmassi1593 Thank you for the update.
Hi Douglas, thanks for sharing your experience. What kind of lead source do you use?
Our agents get 20+ calendar appointments per day
@@douglasmassi1593 My question was: "What kind of lead source do you use?"
Do you need more leads? @@douglasmassi1593
We generate our own Appointments through internet ads@@andrecabral3539
This video should be updated, since Lumico is gone now.
Yep
How much commission does lumico pay?
Street is 110% for FYC
Thanks for sharing
You are welcome!
Does SBLI do daily commissions?
No, they pay weekly!
Love me some lumico
I hate to say it but since filming this, our approval % with Lumico has gotten worse and as I mentioned in the video, we were already seeing some approval issues. If this doesn't change fast, I won't be contracting new agents with them any more. SBLI for the win!
Is there separate contracts for final expense sbli
Yes but the issue you might have is that you won't be able to write the TERM products. As silly as this sounds, it's one way or the other with SBLI. You either have access to the older products, or the Living Legacy - but not both!
Not to mention if you have a client that you submit with AMAM by 5 pm and that a client is approved .
THEH PAY your commission the next day by 5 p.m.!
Is that American Amicable you're referring to?
@douglasmassi1593 yes AmAm they pay the next day. And before draft
I have a very special contract with them when I have a chargeback they take 25% of my chargeback from each commission check. I love AmAm
All 3 carriers take independent agents? I know Great Western no longer does.
GW does take independent agents. They might not do direct contracting but I'm not sure about that.
@@douglasmassi1593 I spoke with them last week and was told I needed an IMO or an agency in order to contract with them. Needless to say I was disappointed to hear that.