• Report: #190051

Complaint Review: American Income Life

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Thu, May 04, 2006
  • Updated: Thu, May 04, 2006

  • Reported By:Mountain Home North Carolina
American Income Life
Swananoa, North Carolina U.S.A.

American Income Life ripoff reaches NC Swananoa North Carolina

Rip-off Report Investigation: American Income Life / National Income Life join Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program and submit to independent investigation. American Income Life / National Income Life pledges to resolve all legitimate complaints and address any issues from the past, present and in the future. Waco Texas, Nationwide

*UPDATE EX-employee responds: Some do understand - like Frank

*UPDATE EX-employee responds: BEEN, you are really unique.

*UPDATE EX-employee responds: To have a victory,someone must lose

*Consumer Comment: Financial & Tax Advice

*Consumer Comment: Financial & Tax Advice

*UPDATE Employee: Been where? Not in my office obviously.

*UPDATE EX-employee responds: someone needs help!

*UPDATE EX-employee responds: Lets get to the point!!!

*UPDATE Employee: Isurance Agents making bonuses

*UPDATE Employee: That's a great question!

*Consumer Comment: Travis, You are Hilarious!!

*UPDATE Employee: Thanks for the feedback

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Just to add to what everyone else has posted about American Income Life. They are in our area also and I wasted 3 hours of my time today. Can't believe that there are still pyramid scheme companies out there. Why hasn't state and local authorities dont something about this yet. Anyway the scam has now reached N.C. I am posting this in the hopes that it might prevent my friends and nieghbors from making a huge mistake.

They even asked me to bring can food for a food drive!!

Amanda
Mountain Home, North Carolina
U.S.A.

This report was posted on Ripoff Report on 05/04/2006 09:12 PM and is a permanent record located here: http://www.ripoffreport.com/r/American-Income-Life/Swananoa-North-Carolina/American-Income-Life-ripoff-reaches-NC-Swananoa-North-CarolinaRip-off-Report-Investigation-190051. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on American Income Life

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 12Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE EX-employee responds

Some do understand - like Frank

AUTHOR: Been - (U.S.A.)

A big summertime (almost) hello from the states Frank. I can appreciate the fact that you get what I am trying to convey. I don't expect to make anyone change their minds about how they conduct their business or their life. I know that you have been there and done that yourself and I can only assume that it pains you somewhere inside when you read all the blogs of people who were told one thing (or believed/sold one thing)and came away battered and bitter. Not all can be lazy, stupid people. More like trusting, hungry and believing in the excellent line of stuff they were/are being told.



You said it best when you said 1 out of 5 will make it and there are those that are willing to burn 4 to find that one. I think the phrase was turning over alot of stones to find that gold.



I guess my blabbering in here is a way of assauging my own guilt along with hopefully making a difference in someones life along the way. Hope all is well for all of you!
Respond to this report!
What's this?

#2 UPDATE EX-employee responds

BEEN, you are really unique.

AUTHOR: Frank - (Canada)

Been's obscure wisdom reminds me of Hannibal Lecter's: Ellusive yet Brillant.
Respond to this report!
What's this?

#3 UPDATE EX-employee responds

To have a victory,someone must lose

AUTHOR: Been - (U.S.A.)

Jim & Travis - let's be clear tht I never mentioned AIL in any of my blogs. Plus, I surely don't expect to change anyones mind.



It is a very good point that someone does not have to obtain professional designations to sell small life and accident policies. How awful it would be to become more illuminated in a business where you are giving advice to those that need it the most.



I surely did not suggest that any company (though some do) provide in depth tax advice. Travis pretty much summed it up - if you ask I will tell you but if you don't ask - oh well.



Unfortunately lack of guidance can create huge problems for people doing your bidding if they are independent contractors. Jim if you think otherwise then I can only say you and Travis would work well together. Simple advice, the type you would give you neighbor over the fence - not a sit down analysis.



When someone gets a check for a $1,000, what a celebration! They are held up high.



Break it down after taxes (federal,state,city,Fica,Futa)expenses (auto - which is huge ,food,health insurance) time (divide it all by hours worked)



Having been there and done that (and may quite possibly still be doing it) my perceived anger comes after reading the numerous blogs of pain. Not all came in wanting to be a victim and with some upfront truth some things could be avoided.



But hey you're making some serious dough.Who cares? Hah-hah - they just didn't have what it takes - you just provivded an opportunity,right?



Travis you appear to be a smart and introspective man. To be an MGA you should be. Angry? I don't know you well enough to go there as you mentioned. I am/have been a very successful MGA who trys to avoid future regrets. Thats all- peace to you.
Respond to this report!
What's this?

#4 Consumer Comment

Financial & Tax Advice

AUTHOR: Jim - (U.S.A.)

Been, I find it quite amusing that expect AIL to provide tax advice to their agents. You were quite vocal to Travis in suggesting that he obtain certain designations in order to sell small life/disability policies, yet you made no such recommendation that he be a CPA in order to provide tax advice. Again, I find that interesting and that could be quite destructive to an individual. Life insurance is simple, taxes are not.



Regarding Travis. I don't know him and I don't work for American Income Life, but the man seems to have a value system in place and has a positive attitude. I don't think anyone can argue that fact. With that being said, what more can an agent/employee ask of their superior? I've been in the insurance business for a number of years and worked in agent training for the majority of them. The insurance business is not about finding the great salesperson, it is all about finding a person that is a victor instead of a victim.



Travis, I wish you well in your search for future victors so you may continue what appears to be a successful career. I would also recommend that you leave tax advice to tax advisors.
Respond to this report!
What's this?

#5 Consumer Comment

Financial & Tax Advice

AUTHOR: Jim - (U.S.A.)

Been, I find it quite amusing that expect AIL to provide tax advice to their agents. You were quite vocal to Travis in suggesting that he obtain certain designations in order to sell small life/disability policies, yet you made no such recommendation that he be a CPA in order to provide tax advice. Again, I find that interesting and that could be quite destructive to an individual. Life insurance is simple, taxes are not.



Regarding Travis. I don't know him and I don't work for American Income Life, but the man seems to have a value system in place and has a positive attitude. I don't think anyone can argue that fact. With that being said, what more can an agent/employee ask of their superior? I've been in the insurance business for a number of years and worked in agent training for the majority of them. The insurance business is not about finding the great salesperson, it is all about finding a person that is a victor instead of a victim.



Travis, I wish you well in your search for future victors so you may continue what appears to be a successful career. I would also recommend that you leave tax advice to tax advisors.
Respond to this report!
What's this?

#6 UPDATE Employee

Been where? Not in my office obviously.

AUTHOR: Trav - (U.S.A.)

Been? You seem angry at me which tells me we never met.



I help them plan for the day they aren't working. Have you or anyone you knew ever lost benefits that your employer provided? Stupid question I know. This is a rising concern in North America and we help people see this ahead of time. Employers aren't as willing to fork out the bucks like they used to and now, more than ever, people have to start taking matters into their own hands. That's where we come in. That's where the insurance industry as a whole comes in. Like it or not insurance companies are making money whether their employers buy it or they buy it on their own. The difference is people have more options when they don't rely on their employer.



Are you asking if our rates beat that of our competitors? Is a Kia the same as a BMW? Price isn't the same as cost. A Kia may cost less but how long will it last? In the long run how much more money/time will you have to spend to fix and repair it? Is the warranty made up of all fine print or is it in plain english? You get my drift? If I make all my buying decisions based on price I'd be dead from all the fast food!



Frankly Been...I don't feel bad for people stuck in the victim cycle and putting blame on others for their own mistakes. It's evident that the people that start posts like this aren't accountable for their own actions. In interviews, if someone asks a question I give them an answer, without being elusive. It's an absolute waste of my time to hire and train someone that doesn't know what they'll be doing to the T.



As for my qualifications. I admit it I have little idea of what those acronyms stand for nor do I care. How's that for integrity Been? I'm a business owner that gets out what I put in without taking advantage of anyone in the process.



Thanks for your insight Been. You asked 1 quality question but I feel no more need to respond to angry people.



Peace.
Respond to this report!
What's this?

#7 UPDATE EX-employee responds

someone needs help!

AUTHOR: Been - (U.S.A.)

Travis the burning question is what do you help them with? You made a point of highlighting that word HELP.



Do you mow their lawn?

Cook them dinner?

Change the oil in their car?



Or do you fatten your wallet at their expense? People that need donated food should be given money as I'm sure you will agree.



If you are giving them financial advice,as I am anticipating this will be your response - what qualifications do you possess that would allow you to speak intelligently about such things? Travis, I am not talking life experience here but real industry professional designations such as CLU/CHFC - LUTCF - MSFS - CFP. Do you even know what these stand for?



If you are selling them life insurance, shouldn't it be at the lowest cost possible? Can your company make that claim?



Or are you a recruiter? Spinning the yarn. The same story every time to all that will listen.Read Frank from Canadas thread as that could be your mother. She is most likely someones mother.



I think even Charles Manson can come up with justifications for what he did. Now I am not comparing you to him, hardly, just making a point that anyone can justify their actions no matter how bizzare or wrong they may be.



In your recruiting process do you explain that they need to put away at LEAST 30% of their check for taxes? Do you sit with them and explain what deductions are allowable? And maybe more important, what are not? Do you discuss car maintenance? Or do you implore people to go out and get new vehicles with the commensurate payments?



Question upon question - I anticipate your response as I can tell you are enamored with your position. Like a priest with a bad habit, you can tell I have been there /done that and may quite possible still be doing it. Take care.
Respond to this report!
What's this?

#8 UPDATE EX-employee responds

Lets get to the point!!!

AUTHOR: Frank - (Canada)

That is very nice to hear from down-under; nevertheless, it is not the insurance converage and it is not the money! IT IS THE RECRUITING PRACTICES.



Have you every heard your manager say the following?

1) Stick to the script

2)watch boiler room

3) I was so broke, and when I joined AIL I started having tax problems

4) Listen to Zig Ziglar



Anyway! only 1 in 5 people have the real ability to sell. Only 1 in 5.



Saying that ANYONE can do it is not true, memorizing a script might help, but everybody knows that approximately 85% of human communications have nothing to do with words!!!



My point:

Recruiting practices are really questionable at AIL, NOT everybody can do it. People get bankrupt trying. In Canada, every hire gives the HR manager around $800, so they are comission driven, they will get everybody they can on board. Would you blame them if they have a family to feed? what if the people being recruited are a 60 year old lady that has no money,one beaten car and is dreaming about retiring in 5 to 10 years by following AIL's plan?. I met a lady like this, few months after she joined she had only 1 sale, she left AIL so quietly, with no complaints but I can tell you, she left even more broke than when she joined, and EVERYBODY, (again) EVERYBODY in the office knew she would not make it at AIL. Why would they bring her on board in the first place??? Because it is a AIL policy to hire anyone. I do not want to make this a drama story, but I can tell you, this lady was tired, 60 years old, no sales drive, a big grandma-like personality.. SELLING INSURACE?? . She had a lot of sympathy, not empathy!!she was so insignificant to our SGA that it did not matter if she was there for the meetings, or handed in her paper work. Not everybody can pull it off at AIL....This lady really tried for 4 months, her sole survival depended on it, she followed the script, saw 8 families per day, etc... so do not tell me EVERYBODY can do it.

Remember how they say 1 in 3 appointments close? well only 1 in 5 people can accomplish that according to statistics.
Respond to this report!
What's this?

#9 UPDATE Employee

Isurance Agents making bonuses

AUTHOR: Ward - (New Zealand)

Hey, well, I live very far away in New Zealand and have an agent for AIL since Decmber, I'm still an agent, now a manager, and am pleased that we do not have your troubles here. I have not met anyone who belives AIL is a scam, I know my MGA personally, been to his house for dinner, I know my SGA, seeing him tomorrow and have been selling and generating my own leads since day one. It's the simplist job I've had, anyone can do it, if you have the right positive attitude. I drive a lot, yes, but I make more money doing this than working as an Accountant. I love helping people , help themselves and am loving working for this company.



The average wage here is low, and lifestyle is far lower than that in the states, yet people here love providing for their children, and along with our childsafe kits, we can't keep up with the demand. I have to have two cellphones now, so I get a break once a week. The winning plan is around 8 people a day. Looking forward to coming to the states for the first time in my life, thanks to the training I got from AIL.

I have more confidence and have learnt essential people skills, that I will always have!
Respond to this report!
What's this?

#10 UPDATE Employee

That's a great question!

AUTHOR: Trav - (U.S.A.)

Thanks Steve for your interest. When I book an appointment I have no idea if they can afford anything or not. My job is not to make a judgement about the members it's simply to HELP them. In over 4 years with this company, sitting in front of at least 4 people a day, I can only remember 10 or 12 presentations where someone hasn't thanked me after I came to visit them. If they requested something that their union or association has set up for them I'm more than happy to assist with helping their family. If it means they need some additional protection, great, I can help. If it means that they can't feed their family, well that's part of our companies commitment to HELPING. This may sound goofy to you Steve, but there's nothing more rewarding than delivering food that I've collected to someone that needs it.



As I said before the comapny is experiencing a huge amount of growth and none of it would be possible if we hired the wrong people. It's clear from the posts on this site that there were some instances were we didn't hire the right people and, again, it takes a ton of digging to find that one rock of gold.



I turn lot's of folks away that see the value of NO PROSPECTING and would love to work within our company. Having a great attitude and lot's of character are important aspects of our career but if the applicant is solely in it for the money they'll miss a chance to be successful here.



In Success,



T Price
Respond to this report!
What's this?

#11 Consumer Comment

Travis, You are Hilarious!!

AUTHOR: Steve - (U.S.A.)

And how to do you expect your "members" to pay for what you are selling if they can't even afford to feed themselves?
Respond to this report!
What's this?

#12 UPDATE Employee

Thanks for the feedback

AUTHOR: Trav - (U.S.A.)

A pyramid scheme by definition is when you have a product that you try and peddle on someone and then get them to sell this product. This position you applied for has nothing to do with a pyramid scheme.



We are looking for people to assist our company in helping out our members with their benefit packages. There's no scam involved. These folks receive a card and a letter from their Union or their Association and our responsibility is to make absolutely sure that they get the information that they request and help answer their questions when we finish.



Just as a Doctor, Lawyer, Nurse, Teacher...etc would have to, you too will have to invest in your future. Our office gives everyone the needed training and attention they deserve when they make a commitment to us and we expect the same of them.



In an entrepreneurial opportunity you are your own boss and you must be extremely accountable for your own results but to have a set system in place that guarantees your success... well that's why I'm here! This career takes people with character, integrity, and accountability and often to find those who have these traits, you need to move a mountain for a simple ounce of gold.



Has anyone out there ever worked for an employer for more than a year and had your benefits reduced or had to pay more for the benefits you were guaranteed? Our company is experiencing a huge amount of growth because of this trend in North America. The products used are very useful to our members but only if we have enough representatives to visit them. The internet is a great tool for job searches but if you had to rely on everything you read about each company you might as well be self employed.



Good luck to you Amanda in your search for the perfect career/job. If you don't want to waste any more of your time with interviews you might want to at least remember the name of the company before you sit in front of the manager.



In Success,



Travis Price

MGA Western North Carolina



P.S. The food drive is here to help our members that don't have enough in their pantry to feed themselves and I appreciate your donation. It's already in Ms. ******** pantry.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory