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 Posted: Sat Nov 03, 2007 8:30 pm Post subject: WFG or New York Life Co. or ...? |
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Hi there.
Any1 here familiar with The World Financial Group (WFG)? I am an inactive member for quite a while now only because one of my friends asked me to. The concept sounds ok to me but I've always been somewhat skeptical because I've heard lots of different opinions, some being negative.
Now that I am licensed I would like to start working in this field and help people with their insurance needs but not sure I should do it through WFG or go apply for a sale position at a company like New York Life or MetLife...Any informations, thoughts or advices would be appreciated. TY |
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newagent88
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Joined: 03 Nov 2007
Posts: 1
1.78 Dollars($)
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| Posted: Sun Nov 04, 2007 4:20 am Post subject: |
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Get away from WFG.
Work for a company like NYL, MetLife, or AIG.
There are also options on the health side, but 99.99% of captive health companies (meaning you can only work for them and sell their products) have substandard products. |
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Survivor
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Joined: 03 Nov 2007
Posts: 4
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| Posted: Mon Nov 05, 2007 3:59 am Post subject: |
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Thanks for your reply. What's on going commission do a typical company pay to agent? 30, 40, 50%?...
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Guest
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| Posted: Mon Nov 05, 2007 7:48 am Post subject: sh'd vary.. |
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Hi all, We should remember that for the insurance industry the commission structure for agents should vary depending on the credibility & experiences. I'm saying this because we have both the independent as well as the captive agents working hand-in-hand. But the captive agents are obviously getting lower commissions than their independent counterparts- since they also get a fixed salary for the month (while the independents achieve commission on the basis of the cases closed).
Regards,
collinj77 |
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CollinJ77
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Joined: 05 Jul 2007
Posts: 12
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| Posted: Wed Apr 15, 2009 11:21 am Post subject: new insurance adjuster |
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| ever consider a personal insurance adjusting company my son is young 20s doing this & loves it you deal with claims the insurer has denied & now the consumer often corporate seeks a private company to dispute issues with the denying company it is however a stressfull job but can be more lucrative if your very self motivated |
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leebee
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Joined: 15 Apr 2009
Posts: 9
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| Posted: Fri May 15, 2009 1:09 am Post subject: WFG is much better this New York Life |
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New York Life does not offer the oppurtunity to build your own team and business. I personally know several mulit-millionaires who are WFG agents.
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Campbell One
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| Posted: Mon May 25, 2009 8:06 pm Post subject: |
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World Financial Group is a multi level marketing organization.
New York Life is a respected insurance company. |
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InsuranceExpert
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Joined: 05 Apr 2009
Posts: 584
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| Posted: Tue May 26, 2009 3:42 am Post subject: |
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I personally know several multi-millionaires that are tied up with Amway / Quixtar. BUT...it's not for me. If you would like to spend your time recruiting other agents who will then recruit other agents...and so on and so on...GO for WFG!!
However, if you would like to have a respected career within the insurance industry...go for New York Life. The dream behind a company like WFG is find a lot of people to do the work for you, and then kick back and relax and become rich. I know there's a little more to it than that...but that is it in a nutshell...try and prove me wrong!
New York Life is a very well-respected insurance company and I have met some very successful agents with them. They offer great support and will help you gain the knowledge base that you need to thrive.
Don't go to any WFG meetings...Don't drink the kool-aid...and Don't give up on your insurance career with a reputable organization! |
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ChrisBantly
Senior member
Joined: 11 Mar 2009
Posts: 382
Location: Upstate SC
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