National Income Life Reviews | Glassdoor

National Income Life Reviews

Updated July 7, 2017
120 reviews

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4.0
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National Income Life CEO Roger Smith
Roger Smith
66 Ratings

120 Employee Reviews

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Pros
  • Can make lots of money, plenty of leads, and you make your own work schedule really (in 7 reviews)

  • Get rewarded for your hard work (in 7 reviews)

Cons
  • Long hours, not a lot of flexibility (in 13 reviews)

  • Hard work until you get into the swing of things (in 11 reviews)

More Pros and Cons

  1. "Supervising agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Suprivising Agent in Buffalo, NY
    Current Employee - Suprivising Agent in Buffalo, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than 3 years)

    Pros

    No ceiling on the amount of money you can make . They do not limit your growth as well.

    Cons

    You will have to work harder then your use to . When you are starting a new career you must have a strong take off .


  2. "Great Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - General Agent in Long Island City, NY
    Current Employee - General Agent in Long Island City, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than a year)

    Pros

    It's feels good to help protect the working families.

    Cons

    You are your own boss. You predict your success.

  3. "Great for some, and bad for others"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Agent in Albany, NY
    Former Employee - Sales Agent in Albany, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at National Income Life full-time (Less than a year)

    Pros

    The actual accidental program is priced very well compared to what's on the market, however they make you believe it's 5 to10 times better in pricing compared to aflac or Aetna. Those plans has other areas of coverage that nilicos accidental program does not offer. But still a good product strictly in terms of accidental coverage. The whole life policies or freedom of choice is priced about the same as others out there on the market. Higher whole life policies like select or executive are pretty good on rates but this can be had at other companies as well. The companies selection of term insurance or income protection is terrible. Yes it's renewable and convertible until 70 but it's like 3 times more expensive than traditional 10 year term policies. Accidental death rates are also much higher than most other companies. The child headstart programs of 25k WL and after 6 an extra 25k AD is pretty good amd affordable.The problem here is there's very little in terms of product selection to offer families.

    The people were mostly great and they gave decent leadership. This job or career relied solely on your on effort. Straight commission, besides a mere 200 extra in your first few months if you made over 1k each week and then they capped it after reaching 10k. Bonuses were good of you sold well. Commission structure was well laid out for all who sold well to make some cheese. Actuall company benefits were terrible.... health insurance below average and company term group coverage was below average with every employee receiving 20k!!!most companies give 2 to 7 times salary as a death benefit which is more like 50 to 150 k, so with that in mind 20k sounds absurd for a insurance company. Retirement was below average as well.

    For some, there's real money potential here. For others, this will be a good lesson learned. Much learned over a short period of time. Best part about nilico is their residual pay structure. Management is good in certain ways especially with training.

    Cons

    Long hours, not a lot of flexibility. Lots of training and memorizing scripts. Yes this company is a pyramid scheme in a sense where the top do very well, however people at the bottom can do very well. Some do well while others don't. Some people in this sales environment treat it as a game, which is a little bit concerning especially when families protection is on the line. But still, this is a solid company which great sales tactics and room for growth

    Advice to Management

    Keep on moving forward.


  4. "Love what you do, never work a day in your life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Benefits Specialist in Syracuse, NY
    Current Employee - Benefits Specialist in Syracuse, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than a year)

    Pros

    Great training, great products, very rewarding to help people. Being paid what we're worth is awesome. Multiple income streams just for doing our job. Advancement opportunities, great leadership, great benefits, etc

    Cons

    None if you work hard and follow the systems in place. People that cut corners and try to shortcut the process end up unraveling and having to go back to the basics

    Advice to Management

    ?


  5. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Flushing, NY
    Current Employee - Manager in Flushing, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than a year)

    Pros

    You are invited to check with your own eyes

    Cons

    Getting addicted.
    To great stuff

    Advice to Management

    Keep the amazing work up


  6. "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Agent in Flushing, NY
    Former Employee - Agent in Flushing, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at National Income Life full-time (Less than a year)

    Pros

    Good work atmosphere and good management. Everyone seemed generally interested in helping each other out when they could. Solid training progrram.

    Cons

    This is a sales job based totally on commission, so no sales equals no paycheck. They also pushed really hard for you to go out as much as possible so you could meet your 'quota', which is an arbitrary number that you yourself picked earlier in the week.

    Advice to Management

    Do not push people so hard because you can potentially be pushing people out that can be productive agents in the future. Remember that their production is directly linked to your salary.


  7. "BE WARNED"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Benefits Representative in Farmingdale, NY
    Current Employee - Benefits Representative in Farmingdale, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at National Income Life full-time (Less than a year)

    Pros

    Make your own schedule, not a 9-5

    Cons

    Pay, rude clients, driving constantly, not reliable, No benefits.

  8. Helpful (1)

    "OPPORTUNITY UNLIMITED"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supervising Agent in Syracuse, NY
    Current Employee - Supervising Agent in Syracuse, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than a year)

    Pros

    pay, freedom, schedule, advancement opportunities, great culture

    Cons

    There are no cons. You get paid what you are worth.


  9. "Opportunity Unlimted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Elmira, NY
    Current Employee - Agent in Elmira, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Income Life full-time (More than 3 years)

    Pros

    🔥Been in Buisness for 65 years.
    🔥Never laid anyone off
    🔥Unlimited room for growth
    🔥Lucrative 💰
    🔥Amazing training systems
    🔥Management genuinely cares about the success of all agents
    🔥Health and retirement benefits
    🔥Stock options
    🔥Flexible schedule
    🔥Annual conventions
    🔥Monthly contests and bonuses

    Cons

    If you don't want to work hard this isn't for you.
    Otherwise no cons.

    Advice to Management

    Management is second to none


  10. Helpful (1)

    "Reminds me of those companies in the movies"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in Flushing, NY
    Former Employee - Sales Representative in Flushing, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at National Income Life full-time (More than 3 years)

    Pros

    -Competitive environment, but everyone’s willing to help you learn
    -pay + bonus
    -flexibility
    -culture
    -leads

    Cons

    - Requires hard work
    - Main schedule is in evening
    - must be disciplined to make money

    Advice to Management

    I recommend that you try to make the processes a little simpler to understand for agents who have no sales experience and add a couple of classes on interpersonal skills.


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