Mutual Of Omaha

Message Author
ampm-bookmark
delicious-small Add to delicious
yahoomyweb-small Add to YahooMyWeb
blinklist-small Add to BlinkList
PostPosted: Tue May 12, 2009 9:46 pm   Post subject: Mutual Of Omaha  

I am thinking of applying to Mutual of Omaha, but have a recent bankruptcy, does anyone know if they will consider an agent with a BK


_________________
Register Now to have your Insurance queries solved.
gunther65
Guest







PostPosted: Tue May 12, 2009 10:01 pm   Post subject:   

Some of it depends on how recent the bankruptcy is, but it also depends on whether it was a business or personal bankruptcy. I'm sure you don't want to post these details here, but you can send me a PM and I'll try and help you.



Were there any debts owed to insurance agencies / companies?



Business or Personal Bankruptcy?



Were there extenuating circumstances, or simply too much debt?



Have you had a flawless history since the bankruptcy?



Good Luck!



_________________

Check Out My Blog!



http://insurancesuccess.ampminsure.org
ChrisBantly
Senior member
Leave a quick message



Joined: 11 Mar 2009
Posts: 381

Location: Upstate SC
1.16 Dollars($)

PostPosted: Tue May 12, 2009 10:19 pm   Post subject: MOO  

It was a personal. but the reason was because my business went down when economy turned. My credit was perfect before.

No money owed to insurance companies.

I filed in Sept. 08


_________________
Register Now to have your Insurance queries solved.
gunther65
Guest







PostPosted: Thu May 14, 2009 12:11 am   Post subject:   

Your bankruptcy will probably have to be discharged before they would work with you, but being that you don't owe any money to insurance agencies / companies...and you had a good credit history before...you have pretty good chances.



The most important part is explaining the circumstances. Instead of simply filling out the contracting paperwork, you may actually want to contact their agent services division and speak with someone one on one.



_________________

Check Out My Blog!



http://insurancesuccess.ampminsure.org
ChrisBantly
Senior member
Leave a quick message



Joined: 11 Mar 2009
Posts: 381

Location: Upstate SC
1.16 Dollars($)

PostPosted: Thu May 14, 2009 8:48 am   Post subject:   

Bankruptcy in your record would likely to disqualify you from becoming an agent. At least it happens that way with most of the P&C insurers.



The employer would run a background check before recruiting you and the bankruptcy is likely to surface in the investigation. Therefore, most likely you would have to wait till the BK drops-off from your credit report to become an agent. Just call-up the person you are in touch with and find out his view in this regard.



Thanks,

Rueprt

RupertWBradson
Senior member
Leave a quick message

Rupert W Bradson

Joined: 05 Jul 2007
Posts: 692


131.46 Dollars($)

PostPosted: Thu May 14, 2009 10:20 am   Post subject:   

There are no rules that prohibit someone with bankruptcy from getting hired to sell insurance. It is certainly a strike against you, but if someone thinks that you will succeed and make money for them, you will get hired.

InsuranceExpert
Senior member
Leave a quick message



Joined: 05 Apr 2009
Posts: 662


142.74 Dollars($)

PostPosted: Sun May 17, 2009 9:01 pm   Post subject:   

As Rupert stated, if you were trying to enter the field of property and casualty insurance...you would most likely have trouble with your bankruptcy. Many P&C companies are looking for their agents to build a business, open an office, and the need for credit is obvious. However, on the life side...the companies seem to be a little bit more open as to who they will employ. In fact, in many cases if you have an insurance license and a pulse...you can work with many of them!

ChrisBantly
Senior member
Leave a quick message



Joined: 11 Mar 2009
Posts: 381

Location: Upstate SC
1.16 Dollars($)

PostPosted: Mon Aug 09, 2010 4:31 am   Post subject: Age  

I will soon be 70 years old. I am in good health physically and mentally. I live in a small town, have great contacts because of organizations to which I belong.

I would like to sell insurance for additional income. Am I too old?


_________________
Register Now to have your Insurance queries solved.
Melba
Guest







PostPosted: Tue Aug 10, 2010 9:14 pm   Post subject:   

hey!!!!!!!!!!!!!! you are never to old. hey 70 is the new 50. besides you have to eat. the senior market would be a good fit.

b61mack
New member
Leave a quick message



Joined: 03 Jan 2010
Posts: 22


5.00 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get a Quote
Ask Community Experts

flash plugin

Quick Links

Must See

Community

Hot topics in forums

Latest in blogs

AmPmInsure on Facebook



Page loaded in 0.328 seconds.