Question : For Life, Health, Annuity agents, which company is best to represent…..?
“Liberty National” or “Bankers Life and Casualty”. I have looked into other companies for representation to work however I have narrowed it down to these two and after much comparing and contrasting the pros and cons of each, I am still undecided as to which company I should choose. I want one that will not only pay a good commission but will also offer quality products that the majority of clients would find helpful to them AS well as have on the field training and help with leads considering that I just got my license just two weeks ago tomorrow. IF you are an agent which would you choose?
annuity leads

Best answer:

Answer by james m
I recommend that you choose an insurance company with an A.B. Best Company rating of A- (Excellent), or better.

The A.M. best Co. is an independent rater of insurance companies, and has been in business since 1899. Their top ratings are as follows:

A++ (Superior), A+ (Superior), A (Excellent), A- (Excellent).

These ratings grade the insurance companies financial strengths, and claims-paying abilities.

Liberty National has an A+ (Superior) rating as of June, 2008, while Banker’s Life and Casualty was just upgraded to B+ (Good) from a B (Good) during about the same preiod of time.

My nephew just starting working with Banker’s, and during his field training, he has to split commissions with his trainer. I don’t know of another company that does that.

You might also want to check out these other companies, not in any particular order:

American General Life and Accident, Metlife, Monumental Life, Liberty Life, Liberty Mutual, Western-Southern Life, Prudential.

I don’t know much about Liberty National, but I know a little about the others I have mentioned. The ones I have mentioned have starting salaries, pays commissions and renewals, offers group health, disability, matching 401K, company paid retirement, and all the training you will need to help you succeed.

A few other fine companies you could look into are New York Life, Principle Financial, and Mutual of Omaha.

Best wishes.