LifeQuotes review: Insurance Agents (Dont do It) 47

Stay away from LifeQuotes, Inc. If it sounds too good to be true, it is too good to be true. I know because I gave it a try. Yes, they will pay you $23 an hour for Talk Time but you will be taking incoming calls from customers who want to be transferred to their agent so you will be acting like a receptionist. Only thing, you'll be logged on 4 to 5 hours to generate 1 hr of talk time. You are required to commit 5 hours a week, but after I joined they increased it to 25 minimum. They will give you leads but you will be following up on old, recirculated leads who have been called over and over (these people don't want insurance, can't qualify for it, or don't have money to pay for it. Many of the leads are from insurance agents checking out the site so you will get bogus names, bogus telephone, email and mail addresses). You will actually speak to prospects who have heard their radio ads for buying $500, 000 of Life Insurance for $15 a month. When they tell you that they are 55 years old, Type 2 diabetic or 300 pounds and you quote them much more than $15 a month, they hang up on you. Lifequotes also wants you to sell a $300, 000 Accidental Death policy (with No Living benefits, that ends when the client turns 75) for over $30 a month or $45 a month for family coverage). Yes, if you are an experienced Life Insurance agent, you will actually sell a few policies. I actually sold 12 policies out of about 100 leads during my 2 months with them. And you will be doing all the grunt work (following up on APS, Paramed exams, missing client signatures, that LifeQuotes tells you that they do, but they don't. I actually received leads as I was logging in at night to try to get West Coast cases. But the leads were originating from NY, NJ and I couldn't call them because it was after 9 PM and the company prohibited us from calling after hours because of the DNC rules. I would leave messages the next day or sent emails that evening, but never received return messages. I suspect if they did call back, they were being routed to their own employees at their call center. And finally, after about 2 months while your cases have been underwriting, when the commissions that you worked so hard for (at 30% commission) start to come in, you get an email from LifeQuotes stating that they are dropping you because you can't close. This company is a revolving door. They know that they can get agents to do all the grunt work, terminate them, and then they keep all the commissions after about the 2nd month. They have a call center of full time agents in Illinois who get all the best leads as they partner with GEICO. They tell you that they have case managers, but in reality, you're doing all the grunt work and you only get paid $23 an hour for when you actually speak with someone. I've been selling Life Insurance for over 21 years so I know I can sell Life Insurance and close. Take my advice stay away from LifeQuotes, Inc.