Family Heritage Life Insurance

  www.familyheritagelife.com
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Family Heritage Life Insurance Reviews

Updated Jun 29, 2014
All Employees Current Employees Only

3.4 32 reviews

84% Approve of the CEO

Family Heritage Life Insurance President and CEO Howard Lewis

Howard Lewis

(25 ratings)

63% of employees recommend this company to a friend
8 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great place to start

    Anonymous Employee (Current Employee) Austin, TX

    ProsYou will get as much support as you want

    ConsThe contracts are not in favor of the sales professional. You will need to mass recruit to make it here.

    Advice to Senior ManagementGive better contracts to your loyal agents, not to people that quit and come back.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Work, Work, Play

    Agent/Recruit (Current Employee) Jacksonville, FL

    ProsOwn your own business, Help people, leadership and management opportunities, unlimited income, incentive trips, awesome training, fun people to work with

    ConsCommission only compensation, Takes an owners mentality, A lot of pressure to sell to make a living.

    Advice to Senior Managementconsider coming into the 21st century where customers are buying insurance online

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Good for the right person

    Sales Agent (Former Employee) Toledo, OH

    ProsGreat training program. Managers are very helpful, and want to see you succeed. Mine even gave me a gas card when I was having trouble closing my first sale so that I could continue to work. High commissions, and you receive residuals whether you're still with the company or not. Most importantly, the product you are selling truly is great, and I still believe everyone should have it.

    ConsDoor to door sales are HARD. All cold calling to start with. Most people don't want to make big decisions like this on the spot without doing their own research first.

    Advice to Senior ManagementIts the age of internet. I think if the sales agents could direct their leads to a website where they could sign up after they've had time to think about it you would get more sales. I know I don't shell out money without doing internet research.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    A great salary if you are prepared to sacrifice your personal life

    Independent Sales Agent (Former Employee) Houston, TX

    ProsGood commission with lots of incentive trips, residual income and bonuses. If you are willing to work long, unsociable hours and travel long distances, then the pay can be fantastic.

    ConsLimited leadership, however this varies from group to group. 100% commission means if you are snowed in, stuck in a thunder storm or sick - you do not get paid. You are expected to find and pay for your own medical benefits. You have to travel hundreds of miles a week and stay away from your family for one week a month on a trainmore which you have to fund entirely but do end up making more money than a normal week. You are in debt to the company 2-3 years before receiving residuals.

    Advice to Senior ManagementTreat agents as individuals and more than just a number.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    Great stepping stone if looking to get into sales

    Sales Agent (Current Employee)

    ProsAbility 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

    Cons100% 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
    Cold call
    No leads provided; you must master the art of lead generation (this could also be a pro)

    Advice to Senior ManagementProvide 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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Completely Neutral

    Sales Agent (Current Employee) Atlanta, GA

    ProsYou 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.

    ConsYou 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 ManagementTell new recruits the truth. Omitting information to them is still lying.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    3 people found this helpful  

    Great opportunity if you have money to spend

    Anonymous Employee (Current Employee)

    ProsThe 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.

    ConsIt'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 ManagementEliminate door-to-door approach because nowadays people buy their policies online.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Great People but not enough pay!

    Sales Manager (Former Employee) Denver, CO

    ProsGreat People, some of the best sales training and sales people in the usa, Freedom to work for yourself any day off work any hours

    ConsSadly 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 ManagementStart 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

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