- You have to pay for your own licensing, whereas most other companies in the industry will pay for it
- Unclear about compensation; some people told me it was salary+commission while others told me it was commission only.
- Licensing process is long; you must study for and pass the life/health insurance exam, and then once you do that THEN they will tell you that you must pass either the Series 6 or 7, which adds at least another month onto the process.
- They literally expect you to set up meetings with every single one of your friends and family members to try and sell to them/ask for referrals. If you do not do this, you will be cold calling all day.
- Know that if you are a new rep, it could be months before you actually start working and getting paid due to the time it takes to get licensed.
- You must use your own car and gas to drive around to go prospecting, which adds up, especially if you are not actually making any money.
Probably good for someone with an established network/lots of wealthy friends. I would look somewhere else if you are just starting out and have no money.
