Run, Scam! - Licensed Insurance Agent Bankers Life Employee Review

1.0
1 July 2023
Recommend
CEO approval
Business outlook

Pros

Easy to get your license and they teach you some of the information you will need to know.

Cons

They give the real legitimate leads to a few select people to show you what you could make. It's a boys club, so don't consider if you're a woman. Even as a man, you won't get the real leads. They give you leads that have been worked over and over. They expect you to sell to all of your friends and family. You will make a few small sales if you work really hard. In a few months I had a net operating loss of over $3,000 due to the miles I put on my car. I made a strong impact on the clients that I sold policies too. So I found out that once you leave the company, they wait a few months and they go to your clients and try to sell them a better policy that they never give you access to! Again, using those same top sellers. Then they try to make you pay them back what they paid you in commissions. Dirty, dirty!

Explore other reviews about Bankers Life

5.0
6 May 2026
Recommend
CEO approval
Business outlook

Pros

Friendly staff and good atmosphere

Cons

I don’t have any cons.

5.0
26 Apr 2016
Recommend
CEO approval
Business outlook

Pros

Bankers provides award winning training, an elaborate product portfolio and a rapidly growing market. They leverage cutting edge technology: contact and LEAD management, electronic business submission, an incredible proprietary mobile application. I have 11 companies I can be appointed with - making sure my clients get the best program for what they NEED. A great opportunity to receive great training, work with great people and make a great living, all for helping people.

Cons

This opportunity is just that, an opportunity. Those who don't take advantage of it won't think it is a good one. Even successful people deal with a ton of rejection, thick skin is needed. With a 40% closing ratio, I still hear "No" more than "Yes".

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