I Asked 166 Life Insurance Agent How Much Money They ACTUALLY Make Per Month

  Рет қаралды 49,189

Peter Roberts

Peter Roberts

Күн бұрын

Пікірлер: 294
@risinginvirgo
@risinginvirgo Жыл бұрын
Agent here, with one of those 3 letter companies. In the last 10 days I made just over $5,000 (about $9200 ALP). You get out what you put in. On pace to make about $20K this month.
@cameronstock1566
@cameronstock1566 Жыл бұрын
Awesome! I have to ask, (Since I take my exam tonight and start soon) Is that on your own? Or with a team? Just trying to set realistic financial expectations for myself
@EliteTaxandFinancial
@EliteTaxandFinancial 6 ай бұрын
I just got my licence (YAYYYY!!!) can i ask what 3 letter company ur with?
@LftdBorksonYT
@LftdBorksonYT 3 ай бұрын
Yall are disgusting
@Kanakakine
@Kanakakine 2 ай бұрын
How much did you spend on leads to make 20k for the month? I am starting out.
@imeldainterino7747
@imeldainterino7747 29 күн бұрын
​@Kanakakine they will spend at least $1000 a week or more. Something they won't tell here and charge backs they have to pay when their clients canceled it.
@nashaeshantell
@nashaeshantell Жыл бұрын
“Only $5,000” idk what money bracket y’all come from but that’s a blessing!!!! I literally have to work 15+ hours at day at 2 jobs (physical labor) + Overtime to even see barely 500 a week so I’ll take it :)
@DanVille1000
@DanVille1000 Жыл бұрын
You can make $750 a week doing construction
@kaleee4428
@kaleee4428 Жыл бұрын
Are you making $5 an hour?
@AboveTheHeavens
@AboveTheHeavens Жыл бұрын
Yeah you need to quit 😂 they getting over
@jackiichavez2468
@jackiichavez2468 Жыл бұрын
@@DanVille1000 hmm i dont want to do construction, I actually thought about doing electrical tho, any other suggestions?
@Fukyallfukz
@Fukyallfukz Жыл бұрын
@@kaleee4428 for real 😂😂🤣😭😁 wtf. Better start scamming & finessing. Fck a job
@AngellLevey
@AngellLevey 13 күн бұрын
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
@DanielNoahD3w
@DanielNoahD3w 13 күн бұрын
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@Wlad-v2w
@Wlad-v2w 13 күн бұрын
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@JosephGodwill9h
@JosephGodwill9h 13 күн бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@Wlad-v2w
@Wlad-v2w 13 күн бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
@JosephGodwill9h
@JosephGodwill9h 13 күн бұрын
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
@alicor888
@alicor888 Жыл бұрын
I'm already a few weeks in and did not research the reality of everything before doing so. I appreciate people like you who outline what we're going through when we are seeking the validation. Awesomely human of ya.
@shaolongchen
@shaolongchen 3 ай бұрын
how is it now are u still into life insurance?? i am planning getting in nhow
@tommyvang4117
@tommyvang4117 Жыл бұрын
Brother I’m just getting started in the industry. 22 years old and married. Thanks for the information that you pour out!! The realness of these videos are what separates you from the others.
@peterroberts9686
@peterroberts9686 Жыл бұрын
Welcome brother means a lot! If you need anything always here for you
@tommyvang4117
@tommyvang4117 Жыл бұрын
@@peterroberts9686 what could be a good contact?
@peterroberts9686
@peterroberts9686 Жыл бұрын
@@tommyvang4117 shoot me a a dm on ig
@omarawnallah4347
@omarawnallah4347 7 ай бұрын
How much u making kno
@durgalakshmi2793
@durgalakshmi2793 5 ай бұрын
​@peterroberts9686 can I do this part time
@5339kimhall
@5339kimhall Жыл бұрын
Peter you are the G.O.A.T that has been sent to help people and change this industry. You have helped more people in the past few months than these greedy IMOs have done in the last 20 years!
@peterroberts9686
@peterroberts9686 Жыл бұрын
Cheers means a lot
@ASheepNoMore
@ASheepNoMore Жыл бұрын
EXACTLY and he will be rewarded for it.
@Pain-xm2cx
@Pain-xm2cx Жыл бұрын
5K that’s pretty much double what I make rn. Plus we not here to be average. I’d rather 5k on my own then 10k understand some one else. 5k a month sounds like a blessing to me, this video only solidified my decision to keep working hard. Personally I’m building two other businesses as well.
@jimba6486
@jimba6486 Жыл бұрын
Check out Alex Hormozi and Naval Ravikant. His reasoning for going all in on one business makes a lot of sense.
@Pain-xm2cx
@Pain-xm2cx Жыл бұрын
@@jimba6486 I’ve learned a lot from Hormozi too. I’m subscribed to him too. If you have a specific video you recommend lmk
@sonic-memes
@sonic-memes Жыл бұрын
Im hesitant but wish me luck
@shaishtashiraj9179
@shaishtashiraj9179 8 ай бұрын
i am new to this industry, seeking some support.please
@laserkeyboardpro4239
@laserkeyboardpro4239 Жыл бұрын
Shit Peter, I'd take 5,000 a month 😂 I'm at the most I have ever made right now at 16.50, around 2000 or so a month after taxes. I feel like a Rockstar at 2000 I imagine how'd happy I'd be at 5k lol
@thaheartbreaker
@thaheartbreaker Жыл бұрын
Exactly people like you and me don’t waste money and actually know how to budget
@FF-oe6rl
@FF-oe6rl Жыл бұрын
Bro
@moniquefletcher2186
@moniquefletcher2186 8 ай бұрын
I'll take 5,000 a month too lol
@TheRealFoop
@TheRealFoop 3 ай бұрын
It's crazy how much people take for granted
@davadh
@davadh 2 ай бұрын
After taxes, it's more like $4K, with no insurance and healthcare and paying for your own business expenses, so it's probably closer to $2K or $3K/month, or $1500 bi-weekly
@americanedokko2782
@americanedokko2782 Жыл бұрын
BUT..that’s NOT consistent income. 99% cannot sustain their sales activity in the field for an extended period of time. MOST will burn out, making their IMO owner and the carriers RICH, while the salesman/woman are left standing holding the bag.
@peterroberts9686
@peterroberts9686 Жыл бұрын
Yup...
@knowone4267
@knowone4267 Жыл бұрын
100% agree with all your points. Every time I hear these recruiters talk about AP I have to roll my eyes. The ONLY thing that matters is net. Thanks Peter!
@ninadaadouch9694
@ninadaadouch9694 Жыл бұрын
I would say this is pretty accurate. I've been in the life insurance business since 2015 . I don't have any overhead and don't pay for leads . Id say I am pretty average and work about 30 hrs /week. strictly personally producing right now . I have 90% retention and make about 5k a month . I've had a team before and was making considerably more money but was putting in considerably more hours. I also have seen people in my company that are more motivated than me make 20k+ a month. I don't have a spouse or kids so working remotely is perfect and lets me travel all over and I enjoy taking time off to explore . For someone that is willing to put in the time and effort , life insurance is a great long term career . Just make sure you look into leads , chargebacks , and residuals when you interview with a company and be prepared to put in work .
@our.secret1130
@our.secret1130 Жыл бұрын
This is awesomeness !! Where do you see your career in the long run?
@footychill4124
@footychill4124 Жыл бұрын
Yeah I agree the more hours you put in the more money you make it’s like any job really. Most of the interviews I’ve been to for life insurance companies, they’ll say oh you should be ready to work 50-60hrs/wk but if you really wanna be successful & set yourself up for the future I think that’s the best way to go.
@619alucin
@619alucin 7 ай бұрын
Where are you working where you don’t pay for leads ?!
@joshua4023
@joshua4023 Жыл бұрын
Are you saying 5k a month cant feed your family? If so thats not true at all.
@LukeAveryS
@LukeAveryS 8 ай бұрын
Not if you live where I am. You're basically homeless at 5k a month.
@JTG313
@JTG313 5 ай бұрын
Are you in newyork or califronia
@joeg1149
@joeg1149 Жыл бұрын
One of the few honest people
@footychill4124
@footychill4124 Жыл бұрын
This is kinda misleading because you talk about chargebacks & buying leads when there are many many companies that PROVIDE leads & BONUSES. These numbers you’re showing are only based off commission but you’re not showing the bonuses these agents are receiving from their companies
@haraigoshi9133
@haraigoshi9133 Жыл бұрын
I'm solo, have been solo for about a decade. In 2022, I spent 9.5 to 10k in leadgen from multiple sources (if they sell leads, I've bought them), so right at 120k for the year. 833 policies sold, Gross revenue of 867,996.12. Retention ratio was right at 70%, so estimated net of 607,597.20...so after lead costs around 480k.
@peterroberts9686
@peterroberts9686 Жыл бұрын
Awesome work!!
@JONATHANTABLER
@JONATHANTABLER Жыл бұрын
On phone or in person? Are you at about 2500 per week on leads and if so how many do you just toss or do you only approach the ones that set appts? How do you make it through what looks to be about 60 direct mail leads a week or who knows how many if you are online generating. ?
@haraigoshi9133
@haraigoshi9133 Жыл бұрын
@@JONATHANTABLER 100% over the phone. That said: Ive done this for a while, I outsource most of my prospecting. I have a large database of prospects I've paid for/built over the course of my career, and I spend money generating new prospect numbers....but I outsource people to dial those numbers and qualify the lead before I talk to them. So for me, leadgen means I pay ~2500 /wk for avg 10 presentations a day (or around 50 bucks per presentation). Time is money, opportunity cost is real. What Peter is doing is a great way to get your foot in the door and get started with an extremely low barrier to entry, but once you get a bankroll you should/will operate differently. Different levels of grinding.
@JONATHANTABLER
@JONATHANTABLER Жыл бұрын
@@haraigoshi9133 I've been awhile doing it but am switching some things up right now with funnels etc. You have a direct contact or email?
@haraigoshi9133
@haraigoshi9133 Жыл бұрын
@@JONATHANTABLER also...direct mail. Ugh. There are two ways to do direct mail: bulk or extremely targeted. I've never had any luck with the prior, but the former works pretty well. If you want to do direct mail honestly what I'd recommend is go the post office and buy a few rolls of stamps. Buy some envelopes and cards, and find "something" cheap to stick in the envelope so when whoever receives it gets it...their thought is "wow whats in there?". Basically you want the envelope to look like a christmas card type thing. Get on Salesgenie and build a birthday list in a REALLY close area to where you live, and start sending birthday cards to people close to you in the demographics you are targeting. But make sure that damned envelope is hand addressed, in ink. Your open rate will be around .5% if it's not. If you have kids at home that want an allowance, pay them a dollar per envelope to address, stuff, stamp and send. People will actually open it that way, and you will teach your kids a lesson about working/earning. It works.
@brennenpethers
@brennenpethers 10 ай бұрын
I think the biggest factor in what you'll make, is the company you sell for. This is my 3rd year in the insurance industry, I sell both P&C and life/health insurance. Make sure your company pairs you fairly, you would be shocked at the commission rate difference between companies. I have seen anywhere from 15% all the way up to 90% on FYC (first year commissions) on annual premium rate. Also brush up on your marketing skills, make your clients do your work for you with referrals! The closing ratio of referrals is so much higher than a client that you found on your own. The roof does not exist in this industry, sell as much as you can and live a good life!
@marcuscepeda3998
@marcuscepeda3998 Жыл бұрын
I’ll definitely take 3-5k take home. College student whose looking for a good trade to do, so I’m still making a good income and take care of myself. (Housing/bills)
@goblue7516
@goblue7516 Жыл бұрын
The problem is its 1099 right? Maybe you write off your pc, internet, rent but i imagine once youre making over 100k youre paying at least 20k in taxes right
@peterroberts9686
@peterroberts9686 Жыл бұрын
Yes 1099
@fernvill27
@fernvill27 Жыл бұрын
20 k in taxes on 100k or over is 20% or slightly less. With a regular job, people are paying around 33% in taxes. So not that bad when you take that into account.
@thec.tysonsynopsis7280
@thec.tysonsynopsis7280 Жыл бұрын
As a restaurant general manager, after taxes I would take home $1500 every two weeks = $750/wk AND working 60+ hours a week... As a Health insurance agent, now a life insurance agent, I make $2000/wk ($8k+ per month) and I'm only working 40 hours a week. If you have grit, have the gift of gab, have good sales skills, you can make $100k your first year. Also, it's important to remember that if you're given residuals, every year after your first year you'll make more money year over year because you're clients premiums will pay you 5%-10% for as long as they're paying their premiums. Most people will go from 80k to 100k, 120k, 140k, 200k etc etc as long as they're putting in the same effort and consistently doing good business... if you're not good at getting out there and talking to new people (even going door to door), you won't like this industry.
@jdog4usmc1
@jdog4usmc1 Жыл бұрын
do you pay for leads or do your own marketing which company are you with
@PrivatePrivate-do2on
@PrivatePrivate-do2on 8 ай бұрын
I'm just getting started. What company/what method. Buy leads?
@camojoe7341
@camojoe7341 Жыл бұрын
Hey Peter, thank you for the content !Can you make a video about how much you’re currently making? For inspiration for us subscribers and viewers
@SuperVeronica321
@SuperVeronica321 Жыл бұрын
I am licensed as of this month !!!! Fell in the darn loop whole of an MLM I am parting away from them and have not been trained what should be my next step how do I educate myself in order to start selling. I am a independent agent. Help
@ese9670
@ese9670 Жыл бұрын
Same
@SuperVeronica321
@SuperVeronica321 Жыл бұрын
@@ese9670 Have you done anything with it yet ? After all my studying to pass I feel it’s worthless
@ese9670
@ese9670 Жыл бұрын
@@SuperVeronica321 I haven't yet but Ive been looking locally for jobs and farmers/state farm have a couple spots open in my area. Right now I'm waiting for a hourly+commission role instead of 100%commission. What type of license do you have?
@finch3427
@finch3427 Жыл бұрын
Hey Peter, Great video! I'm thinking about getting into L&H insurance. I'm currently unemployed and 29 years old. I saw an ad that said $500-$3000 weekly so I applied and got the job but now I have to study to get my license. In your opinion, Should I invest all my time into this even though I have completely zero experience? I'm still on the fence about it because for one I'm not the most talkative person and I hear stories like this about people not making any money and other making over 6 figures. Kinda sounds like an MLM to me but that's just the sceptic in me.
@RayTheomo
@RayTheomo Жыл бұрын
Im in the exact same predicament. The term "insurance agent" doesnt have a very nice connotation in my mind. Like the type of person usually portrayed as the slimy villain in a story. And id rather see someone more down to earth tell their story. Rather than an ultra social butterfly, social iq genius, tell me that the sky is the limit.
@AmandaAllen-c2q
@AmandaAllen-c2q 11 ай бұрын
I am in the process of studying for my LH SC exam on 12/22/2023..
@leftie7098
@leftie7098 Ай бұрын
lemme get an update on how its working for you guys
@landstar3657
@landstar3657 Жыл бұрын
Thank you for sharing these information it really helps for people who want to be part of the community!
@peterroberts9686
@peterroberts9686 Жыл бұрын
Glad it was helpful!
@KimberlyMckaskle
@KimberlyMckaskle Жыл бұрын
You're the absolute best !! Thank you for what your doing!!
@peterroberts9686
@peterroberts9686 Жыл бұрын
You are so welcome
@bise0ne
@bise0ne 16 күн бұрын
You get paid for the sales or from portfolio that you built ? I mean if I make a life insurance today and get paid for the sale . Next year in the next payment that my client will do , did I I get paid or no?
@JaydenGuillory-rv4ls
@JaydenGuillory-rv4ls 4 ай бұрын
Im a fresh agent. Just setting foot into this entire feild of work. Ive never had much experience with being overly social with people so its definitely a new learning curve and a battle woth confidence for me. Im struggling but i want to stick it out and be good at this.
@aicejermiah4885
@aicejermiah4885 Жыл бұрын
Another thing too though is 10 11 12’s and residuals, the first year in business will always be the hardest, if you are writing business and getting ur 10’s etc on top of what u are already making, plus comp is a factor you get paid more with a higher comp, im not captive so our comps can go to 150% + if you get to that level that’s when you actually can start making good money at the end of the day it’s a business, it takes time to build a high ROI in any business and break even, with insurance after a year in business you start to see a different fluctuating cash flow. And to edit on the of that, most business make small % ROI, in this business you can make upwards of 50-60% ROI. Me and my team have PNL sheets we use to keep track and not fail. Any business should be. People must treat this as a business no business is a get rich fast. I believe some people may mistake this as not a real business when it in fact is. An avg agent who actually works should be writing 3-5k a week that’s usually pt agents. And that’s conservative, if you are writing 5k a week you should see about almost 4k (100% comp)a week and let’s say you spend 1200 on leads a week you keep 2800, in profit that’s around 10Grand a month avg. which would equal around 122k a year with profit and if u stick w the system. Then you start calculating your 10’s 11’s 12’s Plus renewals. It’s a very lucrative business. But if it was as easy as it sounds 92% wouldn’t fail. It’s sticking to the fundamentals
@aicejermiah4885
@aicejermiah4885 Жыл бұрын
And yes I’m aware of chargebacks and they are inevitable but you can definitely work on cutting down ur chargebacks way less+ plus you are always writing business chargebacks shouldn’t be a problem. Most chargebacks happen too with a 30 day draft push out and it was just out there budget. Sometimes we oversell the products and it’s our Job to fit there budget, i always tell the client this will draft 1-14 days, is that something you could afford within these 14 days, if it’s a no. I figure out why because I don’t want them strapped for cash just to pay there insurance it’s supposed to be affordable and protection for them and their families.
@vertigohan
@vertigohan Жыл бұрын
Hey Peter, I just found your channel. I am curious. What's your IMO/FMO? I am captive selling P&C over the phone for a carrier. I want to learn how to sell FE over the phone. My 1st year I made $62K 2nd year $65K This year prob $67K I am now your 167th agent on your list 😂 Good video.
@EddieLeal
@EddieLeal Жыл бұрын
Been there, done that will never go back to this industry. It takes a special kind of individual to be successful in this industry. Definitely not me.
@EliotLu
@EliotLu Жыл бұрын
Do you mind sharing what was the worst part of your experience in this? Also maybe some positive things you otherwise liked. Thank you
@EddieLeal
@EddieLeal Жыл бұрын
@@EliotLu Worst part of my experience I would say was the rejections and negative/toxic personalities one would run into. As far as ;positive aspects, I would have to say was helping people. Providing peace of mind to people that knew if the unthinkable ever happened their families would be taken care of. No inherited debts, funeral expenses, mortgage, car payments to worry about. All paid off by life policy. Life insurance should be something that is attained at a young age because it is cheaper/more affordable to get at a young age and not later in life where their is more risk/higher premiums. You can take a horse to water but you cant make them drink. 😉Unless you are a very good salesman of course. 😁
@marinedelise4757
@marinedelise4757 11 ай бұрын
danm i barely speak english and when i talk people get bored fast. i don't see how i'll convince people to buy my policy. And why are they so adamant to get new people in the bussiness? i'm interested as a part-time activity .@@EddieLeal
@karellouden6469
@karellouden6469 Ай бұрын
I am a Realtor, Mortgage Broker and now going into life and health. I am at the point where I just don't want to drive clients al over the place. Good stuff!
@Yvngobo
@Yvngobo Жыл бұрын
im 22 so im good, i dont have a family to feed. i just have cars to mod 😃
@ReiBre
@ReiBre 6 ай бұрын
Invest bro
@AgentAlonzo
@AgentAlonzo 3 ай бұрын
Invest into properties as you accumulate your cash flow
@BradPicha-tl5ud
@BradPicha-tl5ud Жыл бұрын
Great and honest video! If you’re selling only term, burial, minimum funded UL, IUL, VUL, WL and not understanding how to create wealth with life insurance you’re not got to make a living selling life insurance. You need to know and understand why it is financially beneficial for a client to pump 10’s of thousands annually into a policy and HOW TO USE it for their financial benefit immediately not 15-20 years from now. AKA cash value is KING.
@joshacox3110
@joshacox3110 Жыл бұрын
What % of agents actually work full time though? In my group there are 14 but only 2 work 40 hours or more. Most work 10-25.
@kriser51
@kriser51 Жыл бұрын
Mind telling us what you are making? On average? I for sure feel like I’m struggling just barely breaking even.
@yaboiavery5986
@yaboiavery5986 8 ай бұрын
were you able to figure it out man?
@tashikaalford6771
@tashikaalford6771 Жыл бұрын
Thank you so much!! Will watch all your videos
@peterroberts9686
@peterroberts9686 Жыл бұрын
Appreciate you
@trendnightmare4646
@trendnightmare4646 Жыл бұрын
What CRM YOU USING
@EliotLu
@EliotLu Жыл бұрын
Peter on this data, you said it was profit. Does that mean it was after setting aside for tax? Thank you
@thiago_thesaint
@thiago_thesaint Жыл бұрын
Hi Peter you could have included the negative ones too, which would have dropped the total and the average as well. Be curious to see what the difference is.
@peterroberts9686
@peterroberts9686 Жыл бұрын
The median income is 4k if that helps
@RaistlinKishtar
@RaistlinKishtar 10 ай бұрын
@@peterroberts9686that’s the most important number of all. These agents making 20k+ are skewing the average
@gaberoyalll
@gaberoyalll Жыл бұрын
as a person that doesn't sell insurance I can honestly say that my net income this year will be zero
@AwakeningVibes-369
@AwakeningVibes-369 Жыл бұрын
are you unemployed?
@madpuss427
@madpuss427 Жыл бұрын
I’m single with no kids. $4-5k to start is good for me, especially since I work from home. No wear & tear or gas for my truck. I don’t care go go out and party so I don’t spend money on drinks or food. I’m happy
@ocean645
@ocean645 10 ай бұрын
Now just buy some Bitcoin and you're set for life.
@richardmcgehee3080
@richardmcgehee3080 9 ай бұрын
So thankful my state agent provides my leads for me
@FlightSim745
@FlightSim745 Жыл бұрын
I have my license and would love to get into this. Do you recommend a company to go with?
@TNGsAnimation
@TNGsAnimation Жыл бұрын
Symmetry financial or asm
@fuckyodig325
@fuckyodig325 Жыл бұрын
@@TNGsAnimation omg I’m with Symmetry!! They’re amazing to work with!
@Brcothe
@Brcothe Жыл бұрын
So much value
@terrycallaway7021
@terrycallaway7021 Жыл бұрын
Just came across your content keep up the informative information! There is a bad taste in the industry with recruiters, digital content creators/ agents sales pitch is overall recruitment based instead of information based far as mastering the policies to sale.-Callaway
@peterroberts9686
@peterroberts9686 Жыл бұрын
Agreed welcome if you need anything I'm here to help.
@jackiichavez2468
@jackiichavez2468 Жыл бұрын
The company that is helping me get licensed said i would get a guaranteed 55k a year and about 10% increase every year with renews, so 5k sound about the amount i should be making. Im exited to get started but a little nervous because i know its all about how you sell it
@LuisA-ug3fr
@LuisA-ug3fr Жыл бұрын
Hey! I’m sorry, but how exactly did you get started ? Do you have a degree? What exactly did you search for when applying? Sorry for the questions!
@yicel5038
@yicel5038 Жыл бұрын
If you dont mind what company are you working for?❤
@jackiichavez2468
@jackiichavez2468 Жыл бұрын
I applied on indeed, they had a job listing out. i had no knowledge about insurance before and no degree. I didn't even go to college. @@LuisA-ug3fr
@jackiichavez2468
@jackiichavez2468 Жыл бұрын
Im working in a firm in my town that was hiring and helped me through the whole process, From my experience they should help every step of the was if you are captive agent. @@yicel5038
@rickherman-b2n
@rickherman-b2n 10 ай бұрын
what is the struggle? if you sell insurance and you're on the phone from 9-6 like a job how can you not sell 2-3 policies each day?
@Erik-ff1lv
@Erik-ff1lv 5 ай бұрын
That's what im saying. Im about to start working for a company that gives 150 warm leads weekly. If i call even half of those leads how can you not get at the very least sell 3 policies.
@P-Kill
@P-Kill Ай бұрын
it would be nice if there was time in experience listed for each with the data
@calebbrugann330
@calebbrugann330 8 ай бұрын
did you allow captive agents on a salary pay or only self contracted brokers
@EddieLeal
@EddieLeal Жыл бұрын
The insurance industry is lucrative, but success is not a given. It's more common for insurance agents to quit or fail in the industry than to succeed. Once you earn your license as an insurance agent, you immediately want to get out there and begin making money. Yet, statistics show though that many new agents don't make it very far. For instance, over 90% of new life insurance agents quit within year one. Many more depart within five years.
@Newstarz1
@Newstarz1 Жыл бұрын
Those numbers are crazy
@muradshawar
@muradshawar Жыл бұрын
Thats the average take out the top 20% and you get the real average
@clos975
@clos975 Жыл бұрын
I agree
@marjn1030
@marjn1030 10 ай бұрын
Start at a company that will train you then transfer to entrepreneur or captive company. Nothing is impossible
@KingdomRelease
@KingdomRelease 7 ай бұрын
I’m pretty sure most people would be fine with 5k a month
@jtreezy751
@jtreezy751 Ай бұрын
I make 17.25 base salary, no quotas, and 80% commissions , pretty solid if you ask me
@PandaJosh
@PandaJosh Жыл бұрын
I don’t miss a video no more 😅
@tgreg9542
@tgreg9542 11 ай бұрын
Ma wife sold health insurance she made 18.00$ an hour so about 35k a year great benefits tho, and that didn’t include bonuses
@brittanyash8340
@brittanyash8340 Жыл бұрын
Im.loving your videos. I'm getting trained by FFL now and I'm actually really impressed with my leaders, their support, and how they focus on being genuine, ethical, and caring. That said, I researched the company and what others are saying, so if this opportunity with FFL goes down, I've got you in my life of sight to carry on forward and succeed.
@crocboc2992
@crocboc2992 Жыл бұрын
How’s it going so far over there?
@tamiekahollis
@tamiekahollis Жыл бұрын
How’s it going?
@naimasimpson575
@naimasimpson575 Жыл бұрын
one of my good friends got me started there! I'm expecting to be selling by the end of the month!
@jdog4usmc1
@jdog4usmc1 Жыл бұрын
just got licensed as well but im lookingat other ways to get leads besides buying them@@naimasimpson575
@quantumphysics4692
@quantumphysics4692 9 ай бұрын
I was making a lot less than that when I was selling life insurance. I would spend between 200-300 per week just on gas for my car, plus extra maintenance costs. Some of the veteran agents I worked with were making about 50 k per year counting 25k in renewals.
@richardmcgehee3080
@richardmcgehee3080 9 ай бұрын
Training, training, training!
@oneeyedpapi8058
@oneeyedpapi8058 Жыл бұрын
People dont know about pipe line and sales funnels. More than likely you can buy leads but also build your leads up with A.I.
@allthings_nurselex
@allthings_nurselex Жыл бұрын
What company do you recommend for getting licensed
@stephanieosborne9613
@stephanieosborne9613 Жыл бұрын
Very informational!
@peterroberts9686
@peterroberts9686 Жыл бұрын
Glad you think so!
@EddieLeal
@EddieLeal Жыл бұрын
Is the data for captive insurance agents or independent insurance agents?
@peterroberts9686
@peterroberts9686 Жыл бұрын
Both
@EddieLeal
@EddieLeal Жыл бұрын
@@peterroberts9686 Thank you.
@CarolinaOats
@CarolinaOats 4 ай бұрын
How do you obtain a license? Do you go to school? Any info I’m in nc
@werefeat0356
@werefeat0356 8 ай бұрын
You could have asked how many hours/week these people work. From my experience, there are too many tricks the hiring companies can pull on you to go into the insurance business. Plus, don't forget that you are self-employed, so you have to pay a tax for that too.
@carhoarder602
@carhoarder602 Жыл бұрын
Certain companies offer leads and bonuses
@ItsDaYungin
@ItsDaYungin 9 ай бұрын
(21m) I would much rather work 50 hours on a potentially scalable business for an average of 1250 a week as opposed to working 50 hours a week for 900 taxes dollars
@johnrichardson4077
@johnrichardson4077 6 ай бұрын
The difference is being an agent and being a agency owner. The owner will likely make more than his or her agents easily.
@JMInsurance
@JMInsurance Жыл бұрын
Who is your IMO?
@Monkee88
@Monkee88 Ай бұрын
This is why I really don't want to leave my blue collar career. As long as there's work we can generate more than 15k a month before tax
@five9five9
@five9five9 4 ай бұрын
Average for full timers?
@Kangarooleathershoe.
@Kangarooleathershoe. Ай бұрын
What if there are returns on those policies?
@hienienguyen6766
@hienienguyen6766 7 ай бұрын
yes that really makes people discourage from creating an income with life insurance omg.
@shivammalhotra4328
@shivammalhotra4328 Жыл бұрын
Can anyone make a review of Sunlife Financial? I'm planning to join
@five9five9
@five9five9 4 ай бұрын
How was total submitted?
@caliblu3872
@caliblu3872 Жыл бұрын
Sounds like a pyramid scam. Whenever I hear someone talking in circles and talking fast, I know the pyramid is coming. 9:15 to basically say on average 166 agents make about $5k a month.
@justinharris8698
@justinharris8698 Жыл бұрын
Thanks 💯
@RickyReno-y5i
@RickyReno-y5i 14 күн бұрын
YOU SPEAK FOR THEM, I MADE 16K IN 3 MONTHS LAST SUMMER. THE MONEY IS THERE, IDK WTF YOU TALKING BOUT. THEY PROBABLY AREN'T INDEPENDENT AGENTS
@rodneyretro
@rodneyretro 4 ай бұрын
Skip to 2:15 or play at 1.5 or both
@fatmanmillionaire3318
@fatmanmillionaire3318 9 ай бұрын
5k is not impressive unfortunately. Better off working in tech sales or high ticket more merchant services sales None of chargebacks, non of the stress. But all of the income
@miyawestly2720
@miyawestly2720 Жыл бұрын
Break the code and youre on your way..
@richardmcgehee3080
@richardmcgehee3080 9 ай бұрын
Now Life insurance industry is one industry that mathematically pays you according to the input.
@mrtherald
@mrtherald 6 ай бұрын
What’s the compensation vs Street level?
@ASheepNoMore
@ASheepNoMore Жыл бұрын
That's why many go captured. When I was with a salaried and commissioned company, I made a little over 60K/year with some OT so let's say I worked about 42 hours/week. I laugh when I see posts in these life insurance groups on FB and you'll see someone who's personal profile is that of an entrepreneur, agency owner and/or digital creator yet they're asking the group questions about how they can get free leads or I'll see them applying for a FB insurance ads for a job. The entire industry is made up of people who lie and recruit. lol #truth
@MoneyStrategiesSOULutions
@MoneyStrategiesSOULutions Жыл бұрын
Wow yeah that's not good
@ASheepNoMore
@ASheepNoMore Жыл бұрын
@@solomonscourt8118 Did you watch the video? THE MAJORITY OF INDEPENDENT AGENTS ARE MAKING ONLY $5K/MONTH. LOL that's probably all you're making too if you don't lie. And those independent agents don't get benefits or paid time off. So the CONCEPT is that UPLINES lie to the downlines saying they'are gonna millionaires and PROOF in the pudding is that most agents make Less than $70K a year. David Duford did a video on the same thing a week ago and the same statistics showed up.
@ASheepNoMore
@ASheepNoMore Жыл бұрын
@@solomonscourt8118 Abd thats why 90 plus percent of agents fail within the first 5 year so I think I understand the concept.
@ASheepNoMore
@ASheepNoMore Жыл бұрын
@@solomonscourt8118 haha so all those agents that aren't making 100K or a millionaire a year lazy and ignorant. Oh my, I guarantee you lie about your sales and commissions and recruit people when you don't even know how to sell. haha ..I love it. Good luck to you haha!!!!
@haraigoshi9133
@haraigoshi9133 Жыл бұрын
@@solomonscourt8118 If we're being honest about that 99% that fail....90% of them reason number one is the problem. They are too lazy to consistently grind. Stupid is sometimes a value add, honestly. Selling FE doesnt really require a high level of intelligence. The most important trait is a high degree of self discipline. Just dont sell ULs if you are stupid, stick to basic WL.
@kemetkush5254
@kemetkush5254 Жыл бұрын
I’m trying to get on your level
@Burzy109
@Burzy109 6 ай бұрын
Translation: It's essentially an MLM
@jerbear7952
@jerbear7952 Жыл бұрын
I would be curious to see the median income of the people who are earning 5k or more per month. There is no reason to consider anything below that as being in business. Not being harsh, I have spend plenty of time "not in business".
@peterroberts9686
@peterroberts9686 Жыл бұрын
Median is $4,000
@peterroberts9686
@peterroberts9686 Жыл бұрын
@@solomonscourt8118 appreciate your concern not speaking negatively just using data to validate some of my concerns
@ASheepNoMore
@ASheepNoMore Жыл бұрын
@@solomonscourt8118 Did he hit a nerve with you? Haha I think you might be upset because you aren't making it dude and don't like a TRUTH TELLER like Peter Roberts. I'm wishing PETER all the best for exposing this slimly industry as I've been trying to do too so maybe things can change and people wouldn't become agents and not work thinking they'll make a ton of money because they were MLM recruited. Everyone now adays has a life insurance license because this industry needs to change and I believe Peter can do that. GO PETER!!!!
@ASheepNoMore
@ASheepNoMore Жыл бұрын
@@solomonscourt8118 haha NPC don't think so and I'm sitting just fine and pretty now. Peter struck a nerve with you and I think you're not happy because you're an MLM recruiter hoping to milk off others. I'm done with your negativity and insults.
@sonic-memes
@sonic-memes Жыл бұрын
​@@solomonscourt8118 the fact your mean to him im happy im not part of your business since you embarrassed yourself. He did nothing but encouragement...period
@professor5594
@professor5594 Жыл бұрын
Why do their incomes all end in x,000 thousand on the dot
@davepazz580
@davepazz580 6 ай бұрын
I'm sure he rounded up or down for the sake of simplicity...
@RetireMe100
@RetireMe100 Жыл бұрын
Could you talk a little faster?
@Mark.Taylor.
@Mark.Taylor. 8 күн бұрын
Expressing as an Average is not the best way.
@yuniormir1762
@yuniormir1762 Жыл бұрын
This is the sad reality of a life insurance agent who doesn’t know his business
@peterroberts9686
@peterroberts9686 Жыл бұрын
Yup agreed
@mr.smartypants94
@mr.smartypants94 6 ай бұрын
If you could really make over 100k your first year, they wouldn't be advertising on every job site continuously.
@jessestonerock
@jessestonerock 2 ай бұрын
Very very very easy to make over 100k you guys are all just brainless
@vitallifestar
@vitallifestar 5 ай бұрын
Is selling life insurance halal ?
@leftie7098
@leftie7098 Ай бұрын
lmaooo
@daelmarcelin7481
@daelmarcelin7481 Жыл бұрын
I wanna do this but I am not sure I speak english well enough😢
@dannydani2424
@dannydani2424 Жыл бұрын
Can I see your bank account? You better answer if you are honest, in another video you were one of the ones who claimed you made 10k but we never saw a yearly statement
@peterroberts9686
@peterroberts9686 Жыл бұрын
Please watch my other videos I give bank deposits in videos lol
@missbae_
@missbae_ 9 ай бұрын
“I can make more money at Walmart” - Said no one EVER 😭😭😭
@CaydenBroderickMCC
@CaydenBroderickMCC 5 ай бұрын
I like the industry but all the recruiting to build a team really feels like a pyramid scheme
@jessestonerock
@jessestonerock 2 ай бұрын
Is there a business in the world that doesn’t involve recruiting?
@CaydenBroderickMCC
@CaydenBroderickMCC 2 ай бұрын
@@jessestonerock true
@missbae_
@missbae_ 9 ай бұрын
This is irrelevant, it’s never about what you do, it’s how well you do it! And most people’s work ethic is below average lol people say this same stuff about literally every job in every industry. The average person could increase their salary by $30k by simply revising their resume and negotiating their salary, but do you think they will do it???! Absolutely not because average minds never do the most. If you are a cashier at Walmart is that a pyramid scheme too?! Lol no matter what job you have, if you are not the CEO someone above you is hiring you and some people make more than you.
@drewmack377
@drewmack377 Жыл бұрын
Buddy is saying the same thing over n over
@oscarmartinez2538
@oscarmartinez2538 Жыл бұрын
How do they make the money? 😅. A lot of numbers not explanation how they go about it 😂😂
@shujais
@shujais 11 күн бұрын
This is monumentally STUPID! You can't conflate averege full-time and part-time income.
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