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Report: #1219012

Complaint Review: Bankers Life Jacksonville -

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  • Reported By: jublin — ST AUGUSTINE Florida USA
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  • Bankers Life Jacksonville USA

Bankers Life Jacksonville insurance agent 10-99 jacksonville florida

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     I worked for Banker's Life and learned firsthand what a sales job is like there.  First of all, they get everyone in the door and make you believe that you have just started a job at a great place where you are "lucky" to be chosen.  They would be lucky to get anyone to stay in the door and offer agents inside bonus money to bring anyone in who will stay.  The managers get bonus money if you come in and don't quit after a certain time.  Be prepared to be tricked and used by a company pawning off of unsure new agents. 

     In actuality, you are only a 10-99 employee and they will end up taking a tremendous cut of anything you make.  They begin your employment telling you that you will make so much money with hard work.  Then, you find out that you are required to share your tiny commission with other 10-99 employees while you work there and you are required to go to the early meetings there. 

     The meetings are only a way for you to begin believing their lies about how their products are the best.  This is where they begin their compliance violations.  They completely bash other insurance companies and tell these "new" agents that their products are superior to others.  They will tell you that Florida Blue and United Healthcare suck and will raise their prices.  They tell you that anything other companies sell will only be worse than there products.  They lead the independent agents working with them to believe lies.

     The managers there are also good at making the independent 10-99 agents believe that they are supposed to do everything they tell them to do.  In actuality, the company turns over all the time.  People usually make VERY little money and only three to four people out of 70 or more agents will make over 30 thousand a year.  The rest of the people stick around as long as they can because of the strict powerful guidelines from the sale managers tricking the new agents to believe.  This is due to them taking a tremendous cut of your commissions and making you cold call everyone in the area who ever went on line to look for life insurance or medical insurance.  When you call, you will be the tenth or so agent calling them and sometimes other independent agents at the same Bankers Life Office called them on the same day.  This ends up getting the agents to waste lots of time and not truly enjoy what you could enjoy in this line of work. 

This company taught me that it is unfair that the innocent people in the public are tricked by these agents and most of the agents don't even know they are tricked until they learn themselves firsthand what is actually available.  If you do your own homework, you will see that there are many cheaper prices for the exact same products out there with companies that will do the same for the client. 

Be very careful if you work for any company but know that it is illegal to tell potential clients that a company is going to raise their prices more than you or the other companies are not as good as the one you are selling products for. 

Bankers Life is making money from the manipulation of new agents and tricking people into believing that they have to choose Bankers' products before it is too late.

 

This report was posted on Ripoff Report on 03/29/2015 04:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bankers-life-jacksonville/bankers-life-jacksonville-insurance-agent-10-99-jacksonville-florida-1219012. 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. READ: Foreign websites steal our content

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