haha, my life as an insurance agent....

Any one remember a company A.L Williams 2008-07-17 19:11:54

A.L.Williams % Associates was a national agency in the late 80 and early 90's, later merge in Primerica, they was more like a MLM scheme, heavily marketing the BUY TERM AND INVEST THE DIFFERENTS idea, the sell mostly 100k 20year term to lower or middle income class along with a annualty product.
when I was still in college, I got introduced to the idea, went thru their 1 week boot camp, just like RE boot camp ppl promote now except it was free back then, not like RE boot camp wants 5k to go, a lot of hype, and a lot more hype, the one thing they tell you was to be sucessful, you must willing to get out of your COMFORT ZONE (like brother Miat said), and SELL SELL SELL. so, everyone went thru the boot camp become a free agent, the office I went had over 200 ppl at the one time. (and Yes, I did too, pass the state exam, got my liscens to kill, ready to make a million)
The head guy in the office was my neighbor, nice guy and nice family, 5 kids ( that is how I got in it) he got promoted to regional director while I was there, basically, anyone sell like 5 policy becomes a VP, and 20 policies is a senior VP, but he was the only director, so we had over 100 VP and 20 Senior VP in that office. so, everyone is selling to their family, their co worker, their neighbor, and promoting their friend to their down link (like MLM, you get a override commision).
eventually, ppl just found out they only have 1 parent, 4 neightor, and a few friend, after that, it is hard to sell an insurance product when you just part time. (and yes, I did sold my parent a policy. 20year level, and make my $500 bucks)
after that, I moveon and went with my busy college life, (chang out and GF was lot more exciting than selling insurance, ). 5 years later, I come cross my old neighbor, he is still in it, still excite about it, but moved from a 4000 sq ft house to a inner city rental, so, after all the hype, he did'nt adopt the change, lost in the game.
I did learn 2 thing over this, one is always ready to be an entrepreneur, get out of your comfort zone, do something exitng, that is the american way.
2 is all life insurance are underwirting product and guarantee by your state base on the face value even the company when bankrupt, term life is not god nor whole life is evil, they exist for their reasons, that is the insurance company must make money.
I usually now recommend to ppl, for your kid first born, buy a 100k whole life or universal life for $20-30 per month, since that don't change over life time, by the time they goto college, they may have 20k in it, they can cash it out for college is they need.
for ppl like us in 30 to 40, 1mil in term life is must, and supplement with a 100k whole or universal life, because when you in 50 or 60, term life is a lot more expensive then when you are young.

hahaha, life is exciting.............



由jy101張貼 @ 2008-07-17 19:11:

所有跟帖： 

• 多謝。你沒後悔沒堅持下去？ -globe- ♀ (0 bytes) () 09/29/2010 postreply 17:00:11

• regret? NO, college life and GF was more important than selling -jy101- ♂ (220 bytes) () 09/29/2010 postreply 17:13:36

• 100% agree! I really miss life in college. -比花花還花- ♂ (92 bytes) () 09/30/2010 postreply 10:16:00

• so true,i have term, LG has whole, last week, i read -blueLopez- ♀ (158 bytes) () 09/29/2010 postreply 17:13:30

• 回複：so true,i have term, LG has whole, last week, i read -brookdale- ♀ (424 bytes) () 09/30/2010 postreply 11:10:11

• please executes all my spelling errors, don't know what happen w -jy101- ♂ (94 bytes) () 09/29/2010 postreply 17:15:32

• yeh yeh, we still got it -flying_bird- ♀ (43 bytes) () 09/29/2010 postreply 18:25:26

• haha, 我這是 one thumb 走天涯... 牛X吧.. -jy101- ♂ (0 bytes) () 09/29/2010 postreply 19:34:51

• 幾年前有熟人推銷抹不下情麵，買了個whole life, 現在覺得也還行。 -柳眉兒- ♀ (0 bytes) () 09/29/2010 postreply 18:45:57

• haha - I did exactly what you recommend -玫瑰俠- ♂ (307 bytes) () 09/29/2010 postreply 18:58:35

• I think you need to pay tax for the gain -sunskitehomes- ♂ (104 bytes) () 09/29/2010 postreply 19:21:54