2020 - JIR / NAIC - Social Media as a Factor in Personal Injury Underwriting: Risk, Rate and Regulation, by Harold Weston and Brenda P. Wells, Vol. 39, No. 1 - 26p
2020 - NYDFS - Financial Condition Report on Examination of the United States Branch of the Independent Order of Foresters as of December 31, 2020 - 20p
The Society’s percentage of business sold in 2020 was attributable to the following organizations:
2022 0608 - Family First Life Manager Whistleblows on Lead Fraud at Integrity Marketing Group - [VIDEO-YouTube-46:26]
Tyra from Oregon, a level 125 commission agent at FFL, Family First Life, calls our office and tells us inside-inside information that only the top-level executives at FFL and Integrity Marketing Group should be privy to.
Comment - bryandubon573 - 1year ago - Recording her without her consent was a lame move though. Interesting interview though.
2023 1230 - Exploring Universal Life Insurance: Origins Popularity and Benefits - [VIDEO-YouTube-03:31]
[We don't know what we don't know]
Life180 - Chris Kirkpatrick -
Doug Andrew
- Tom "Big Al" Schreiter - "People Don't Make Decisions Based on Information" - [VIDEO-YouTube-11:42]
We don't know what we don't know
Matt Schloss - Money Mythbusters
Current GFI Agent, Former WFG Agent
2024 0313 - Power 3 Financial - WFG v. GFI: Industry insights with Money Mythbuster - [Matt Schloss] - [VIDEO-YouTube-46:08]
Doug Andrew - LaserFund
WFG - Transamerica - IUL
12 - Laser Fund - That's the right way to do it.
Companies used - Nationwide - MPI - Transamerica - NLG, National Life Group -
Nationwide - 20%, 30%
15 - Eric Olson - WFG - GFI
Matt Directly mentored by Eric. More commission to the field, business ownership, Pinnacle (16k agents),
Eric and Sandra don't need the money.
19 - Training -
21 - WFG = Practice Company
Companies high Recruiting activity giving the industry a bad name.
Training - Need to be to do the right thing.
23 - Ryan Rush - Explanation too easy
Taking advantage of people
27 - Look Back Period - Safety of Insurance industry
27 - New Heights IUL didn't perform
28 - Annual Reviews
Is NLG Going to be your go to company? - New Options - CoreBridge - ANICO
29 - Guidelines - Guideline Level Premium - 7-pay, 4-5 years - 7-pay resets in year 11 or.. for Increasing benefit.
30 - Guideline Single Premium - Don't pay attention to it. It's the 7-pay broken down.
Increasing vs Level
Target Premium - Commission based - I don't give a shit.
Casey Dahl - Target Premium - Goal amount that they need to contribute to keep the policy in good standing. That's your flexibility. Get your Target premium in and we're solid.
Required Minimum -
Minimum Premium - NLG - No-Lapse Guarantee
Target Premium -
I don't present the Level Death Benefit - People who do just want more commission.
Premium Finance - Kaizen -
Kaizen - Bank Financing - You can screw somebody more with a Kaizen than an poorly structured IUL.
MPI - Curtis Ray - Taking the money out of the policy and putting in back in the policy.
The guy is full of shit.
Casey Dahl - So full of shit.
Line of Credit is coming from his company - SunCor
People need to do their due diligence
- Curtis Ray was going to come on the show. I can't stand the guy.
Annual Statements - Are they confusing? Can be. Depends of the company.
MPI - Curtis Ray - said the company statements have no meaning. wrong.
Here's my concern. It gets sold to people that are in debt. They don't even make enough money to pay their bills or fund their retirement accounts. And you're like ... Life Insurance is better than Retirement Account.
No, it's not. I'll debate Roth and Life Insurance with you all day long.
Because people don't lose their Roth if they can't keep up on the premiums. It's effective, but it's not for everybody.