Fast high commissions (at the cost of the client)
Fast approval and easy underwriting
Cons
Insurance not suitable for everyone (they don’t care) Not following states suitability guidelines.
Deceiving sales techniques
Not a funeral plan (life insurance)
Contract benefits the highest hierarchy
Contract agents as “independent contractors” (Liable for the malpractices)
Non Captive - but they can fire you at discretion of your uplines
Insurance cost is too high
Made for the lazy agent who want fast cash
Product not protected from inflation (again, not a funeral plan)