76% of the CEO
I have been working at Family Heritage Life Insurance full-time for more than a year
Pros – Ability work and manage your own schedule
Great training provided at a 1 week Sales School
Positive support from team
$1000 cash bonus your first 10 weeks in the business
You're taught a proven cycle of sales talk
Great opportunity to learn the hardest form of sales-the cold one-call close
Awesome incentive trips
The product is something that REALLY does help families
You can start building a team right out of sales school
Cons – 100% commission
Independent Contractor ( all gas, food, car maintenance is on your tab)
Takes some people longer to ramp up and start selling
Commission rate is lower than other insurance industries
You're selling a good that is for people who have a disposable income but the company wants you to sell in middle/low income neighborhoods
No leads provided; you must master the art of lead generation (this could also be a pro)
Advice to Senior Management – Provide a base or increase the commission schedule
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-09-11 07:29 PDT
I have been working at Family Heritage Life Insurance full-time for less than a year
Pros – You do have the opportunity to make a lot of money. It's strength in numbers the more see a day the more opportunities you will have to sale.
Cons – You have to invest a lot of time into this career. You will not sale 50% of the time like they say you would. 6 Demos a day will not cut it, you will have to aim for more.
Advice to Senior Management – Tell new recruits the truth. Omitting information to them is still lying.
No, I would not recommend this company to a friend
2013-08-28 10:33 PDT
1 person found this helpful
I have been working at Family Heritage Life Insurance full-time
Pros – The product is something that one can believe in. A great product, in fact. There's a good potential for a good income if you can make it through all the negative parts of the job.
Cons – It's a 1099 contract labor, no compensation for gas. Everything is on your shoulders, so if you don't have any money to start out with, it's a bit tough. You get $100 for the first 10 weeks as a bonus, but it's a drop in a bucket comparing to what u spend working.
You only get 60% of 35% of an AP, so it's not a lot of money for what kind of work and time you invest into selling a policy. An average policy is $50.
Advice to Senior Management – Eliminate door-to-door approach because nowadays people buy their policies online.
Yes, I would recommend this company to a friend
2013-03-22 14:00 PDT
I worked at Family Heritage Life Insurance full-time for more than 5 years
Pros – Great People, some of the best sales training and sales people in the usa, Freedom to work for yourself any day off work any hours
Cons – Sadly some of the managers you work under under pay you, kinda like a multi-level marketing company would. The commission can range from 30%-over 70% but almost everyone is started at 30 and only 1or 2 managers will pay over 50% after being there over 3-4 years.
No benefits( so sad that you are an insurance company and you dont even give the people that sell for you free FHL insurance as long as your employed
Advice to Senior Management – Start everyone at 40% and have commission go up to 80% first year and residuals start 4% - 15% if someone wants to sell full time and not recruit pay them 60-80% and then later pay less if they recruit.
Give free FHL insurance to employees as long as you are selling
Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-09-01 19:26 PDT
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