Insurance agents BEWARE, stay away for Lincoln Heritage and Funeral Advantage program. In 2011 I was averaging over 8K monthly in business. I contracted with a couple other final expense companies and the regional manager in KY where im at called Lincoln Heritage to terminate my contract with Lincoln Heritage. WOW, just like that your future, commissions, renewals and livelihood is gone, just a phone call.
They make promises they dont keep and have double standards, the managers and many other agents are dual contracted with many insurance companies since we are INDEPENDENT CONTRACTORS who are sent a 1099 at the end of the year but somehow they attempt to control you, esp when your LEAD debt and CHARGEBACKS add up and then it seems an agent then has no way out.
I was terminated because I contracted with a "competing" company yet agents all over Kentucky and many other states are contracted with multiple companies. Managers take the commissions and renewals when they terminate agents so as one manager told me " most Lincoln agents dont last long, 4-6 months and write 30-50 policies and then we terminate them or they quit and us managers then have the remaining commissions and renewals ROLLED UP to us" going on to quote this manager...
"thats how ______ , our regional director is making 200K and more per year" ALL I CAN STATE is if you are considering the insurance business or are an existing agent,,, run from Lincoln Heritage and dont make a mistake like I did, I have been in the insurance business over 20 years and should have investigated more before I committed and waisted nearly a year of my career with such an organization.