Naa insurance scam - Where do I look for more information?

by Guest » Wed Nov 21, 2007 04:27 pm
Guest

I have been reading all the threads about NAA and Primerica. I'm taking my license exam on the 8th and am sorta with NAA now but will not sign anything till I'm sure about any naa insurance scam or Primerica scam .
My question is this. If not with either of these two that seem to take newbees in who. Where can you get practical training, leads etc. Lots say go Independent but really offer no insight on how to do this.
Post a reply here or e-mail me direct please: rbenderrd@yahoo.com

email deactivated for your safety

Total Comments: 61

Posted: Fri Aug 08, 2008 02:07 am Post Subject: NAA

I also just passed my exam and considering NAA. Is this a good move? Have you really come across any naa insurance scam?

Posted: Fri Aug 08, 2008 03:47 am Post Subject:

I don't think you'd get a good idea of the naa operations by searching for the naa insurance scam. One place to go with a new license is to a local agency. I'm sure that the quality of training will be quite variable from one local agency to the next, however, a local independent brokerage may be willing to take you on and give you mentoring that a bigger company can't.

Ask around your community and see which local agencies have the best reputation.

Good Luck,

Posted: Fri Aug 08, 2008 08:53 am Post Subject:

NAA is the largest mortgage protection insurance provider. They collect the information on the mortgage holders and sell that as a lead to their agents. One problem with NAA is that you can't actually judge the quality of the links at the first instance. Many a time the lead may get rolled from one agent to another. Hence, I doubt the chances of success.

Also NAA requires the agent to sign a contract to accept 55% commission on the sales. That is not very attractive as compared to the standard market structure (one may differ from me). Now, would you consider that to be a naa insurance scam?

My objective is not to portray a negative picture of NAA, but only to highlight few areas. There are plenty of young agents working pretty successfully with NAA. Hence, only if you know all the ins-and-outs, there isn't much to worry about. Moreover, NAA is giving you the opportunity to work as an independent agent, which may no doubt attract many. Also, NAA requires you to expand your business by recruiting other agents, therefore, you can also relish the pleasure of being an entrepreneur yourself.

Wishing you all the success and congratulations on getting license :)

Regards,
Juanita

Posted: Fri Aug 15, 2008 01:05 am Post Subject: who to work with?

ive been with my company for years....if you are looking for the total package...we are th e2nd largest company in the industry and hands down we have the best training....i know i could get you an interview....inquire only if you are serious

Posted: Thu Jan 29, 2009 05:06 pm Post Subject: License question

Is it better to get your license first before applying with an insurance company?. I came out of the mortgage industry and I got my license first before I applied anywhere.

Posted: Tue Feb 03, 2009 11:32 pm Post Subject: ever considered this...

unemploymentangel(dot)com

* The average weekly state unemployment benefit is $299 – significantly less than most U.S. households' weekly expenses.
* 66% of loan delinquencies and foreclosures are caused by unemployment or disability Freddie Mac 2006
* 22% of families with dependent children admit they will have immediate trouble meeting everyday living expenses, and another 26% can cover expenses for only a few months if a primary wage earner dies. LIMRA Study 2007
* Over 70% of working Americans do not have enough savings to meet short-term emergencies National Investment Watch Survey, A.G. Edwards Inc. 2004
* 44% of U.S. families spend more than they earn Federal Reserve Board, Survey of Consumer Finances 2004 -

Posted: Fri Oct 16, 2009 04:03 pm Post Subject: naa

worked in manufacturing/production for 30 yrs until laid off, looking into going into sales for NAA. Anybody got any thoughts about them, good or bad? Thanks to all for your opinions!

Posted: Mon Oct 19, 2009 05:49 am Post Subject:

I'd like to know your reason for choosing NAA in the first place. Different carriers have different business goals to achieve and hence they design their policies accordingly.

Posted: Wed Oct 21, 2009 10:33 pm Post Subject:

See if they will let you have new agent contract first to take home and view!! This organization is all about billing their agents for used washed upped leads and starting you at a measly 55% contract.
They say they will help you start your "own agency"...read the contract, they can and do fire for no cause...no foundation from the start. Beware.

see indeed.com

Posted: Tue Oct 27, 2009 11:36 pm Post Subject:

I am planning on going independent and working for another brokerage company out of Ohio. They have a generous lead program with a 55% commission structure and they do sell mortgage protection insurance. But it's not NAA! I've talked with multiple agents in NAA and have talked with this brokerage company and I've noticed many differences between the companies; with the brokerage company being a more positive road in the training, multiple webinars, and the support they'll give you to become successful. Plus they'll give me the chance to recruit others to create a small agency.

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