Complete waste of my time and money! Managers will fill you with hope to succeed while they are after your warm market. - Agent Bankers Life Employee Review

1.0
Nov 21, 2013
Recommend
CEO approval
Business Outlook

Pros

May meet some decent, sincere, and caring agents that are in the same boat as you. Your Branch Manager makes 30% of your sales, so your making them lots of money, and you get to split whats left of your comission 50/50 with who ever your training with that day!

Cons

No base salary, if you have to get licensed its going to cost about $400.00 for everything, No paid training, expect to make zero dollars in first three months, and very little if any for the first year. Work about 50 hours a week, some weekends, cold calling the same phone numbers repeativly to book your own appointments, and be pressured to call all your friends, relatives, anyone you know, to sell Insurance to. Drive around town on your own gas money and knock on peoples doors to try and book appointments. You can work your butt off and make nothing at all. But they will always tell you how much money you CAN make, and how rich they (managers) are from doing it. O yeah, and u have to split your comisssion with who ever you are partnered up with for the day.

Explore other reviews about Bankers Life

5.0
May 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Friendly staff and good atmosphere

Cons

I don’t have any cons.

5.0
Apr 26, 2016
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".

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