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      Bankers Life

      Part of CNO Financial Group

      Engaged Employer

      Bankers Life reviews

      Overpriced Medicare Supplement for Seniors - Independent Agent Bankers Life Employee Review

      1.0
      Aug 3, 2016
      Independent agent
      Recommend
      CEO approval
      Business Outlook

      Pros

      Training is well structured and in theory the system could work. Good positioning statements and good resources. GPS application and lead system.

      Cons

      You are not independent and be ready to work 60 hours a week including Saturdays to see mediocre results. The problem with Bankers is that the only market mainly Colonial Penn which is very, very pricey. A Medicare Supp Plan F policy for $250 a month when multiple carriers in the industry will offer you the same plan for $175. Be ready to be without salary for a good 3 month before you see any money coming in. If you sell and the leave, then management keeps the renewal commissions. Out of a class of 23. Only 2 were left a month after.

      Explore other reviews about Bankers Life

      5.0
      May 6, 2026
      Office coordinator
      Recommend
      CEO approval
      Business Outlook

      Pros

      Friendly staff and good atmosphere

      Cons

      I don’t have any cons.

      5.0
      Apr 26, 2016
      Insurance sales
      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".

      279
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