Frequently Asked Questions
We sell final expense and mortgage protection life insurance policies to cover funeral costs and to pay off the mortgage in case of death or disability. In most situations, we can insure almost anyone age 0-85. Most can qualify even with existing health conditions, with no medical exam. It provides a valuable service to our community and to the families of the people that need our help the most. They generally insure under $15,000 in coverage, but we can insure up to $1 million + based on certain health restrictions.
Final Expense and Mortgage Protection is about offering a product that everyone needs, educating our community on its importance, and helping families. There is no better feeling than providing a product and a service that assists people at one of the most difficult times in their life.
We are partnered with 7-10 carriers who offer various products to our clients.
Yes, you must have or be willing to obtain a life insurance license. You will be responsible for attending pre-licensing class, which we offer at a discounted rate, exam/testing fee, state background fee for your respective state per NIPR.com and Errors/Omissions.
You will receive 120% support from us in every area, and the background of success in Final Expense at all levels. Many other managers have been given producing groups, territories, and agents. However, we are a firm believers in letting the numbers do the talking, versus making promises we can’t back up.
Other managers and companies make promises on personal production, agency growth, opportunity, and income potential. But the truth is how can they teach you if they aren’t doing it? How can they promise something they’ve never accomplished themselves? We will be one of the fastest growing Final Expense Agencies in the country.
Diabetic Insurance Solutions has a unique training system, support structure, and systems in place to ensure your success. You can duplicate the results in half the time, with our help! We just need the right people to get in the right seats on the bus! There are no short cuts or get rich schemes here, but if you work hard and dedicate yourself, you truly have unlimited income and growth opportunity.
Our passion is to help others grow and reach their full potential. We’ll personally mentor you, and do everything in our power to ensure your success, can they?
None! No Sales or Work Experience Required! We will train you regardless of experience.
We have successful agents/managers from all walks of life and experience levels. All you need is a positive attitude and a great work ethic.
Recent High School or College Graduates
Speaker or Sales Trainers
Time Share Sales
Door To Door Sales or Canvassing
Any Hard Close Sales
Customer Service Reps
Bartenders/Waiters/ or Food Service
Athletes (Anyone with a competitive nature)
New agents with zero work/sales experience typically average $100,000-$245,000 their first year. Your income will depend on how well you implement our training, and how much time you dedicate to spending in the field.
If you are someone that is willing to spend 40+ hours a week in the field selling, mimicking our sales training, and working 60+ leads a week, you can make anywhere from $150,000-$300,000 gross income in your first year!
DON’T LIMIT YOUR EARNING POTENTIAL! Ask yourself… how bad do you want it, and how hard are you willing to work for it?
No this is NOT! It is nothing like a network marketing company. We are in a highly regulated industry that are governed by state laws. You have to take a state exam to become a life insurance producer. Last time I checked, MLM doesn’t required this.
You are responsible for the cost of obtaining your life license.
Where else can you start a business, earn a 6+ figure income without years of school, money out of pocket, or any experience?
We are always looking for candidates with the right characteristics who want to move into management. You have to show us that you can follow our training, produce consistently, and have the right attitude and characteristics to be a successful manager. The more you produce, the faster we will promote you on our Management Program. You can be hiring, training, and overriding commissions in 6 months or less!
Yes and No. In rare circumstances, we may allow someone to start as a manager if they already have a proven agency in place, with agents they have brought on. Ask about how you can get promoted in under 6 months with our Management Program.
We’re always looking to promote people that show the right characteristics into management, but we want to make sure they build a strong base first. Managers that have never experienced struggle, usually make less money, are consumed by debt, and generally don’t last in the long run.
Managers have more responsibility and liability. Yet, when your agency is built with the proper foundation, you have the opportunity to make a lot more money.
Generally, most agency managers will make $300,000-$500,000 based on production and unlimited earning potential with vested renewals day one.
Processing times vary by state, but you should be able to get fingerprinted, complete the prerequisite courses, and pass your test within 7 to 14 days. Most states will issue your license within 2-3 business days, if you have supplied them with everything they need. During this final waiting time you can fill out our contracts, and begin the training process. You should be in the field making money within 2 to 3 weeks of starting the process. And when you write business, you get paid on a daily basis.
Costs vary by state, but it is approximately $426 for everything. However, all fees are not due upfront. All pre-licensing, exam and state fees are spread out and due at certain times in the process.
We require that you spend 40 hours a week in the field working your leads, but to become a top producer we recommend 50 hours a week. The more time you put in the field (especially your first 6 months to a year) the easier this will be, and the more money you will make.
We are only looking to hire FULL TIME and PART-TIME agents. If you can’t dedicate the time, then please DO NOT apply. We are ONLY looking for the serious, not curious!
Middle to lower income is our niche, and is where we sell the most policies. We recommend the lower income neighborhoods, because most of our clients are living check to check and have to have some type of funeral plan in place. Otherwise, their loved ones are left holding the bill when they pass. We don’t recommend working the affluent areas, because if they have a lot of money they can pay for their own funeral out of pocket.
For every 10 appointments set, we typically close 8 policies. Also, we work referrals, and sometimes write multiple policies in one household.
If you are closing less than 25%, you are doing something really wrong. You really should be around 30% closing ratio. If you are struggling, all you have to do is ask for assistance and we will help you to make the necessary adjustments to get your ratios up, and be successful.
We do agency and product knowledge which should take only a few days. Then, we will conduct local field training with you with one of our top producing agent/managers. You will then role play and go through the objections to make sure you are ready. Once you have mastered the scripts, we’ll let you hit the field. But you will be expected to close a minimum of 25-30%. If you are struggling, we’ll put you back in the car and help you make the adjustments for you to become successful.
Our starting Comp is 60% commission level up to 140%. We have the highest compensation in the industry with vested renewals day one.
Production, Production, Production! Everything is based on personal production, and your group’s production if you are a manager. Equally important is Policy Persistence as we want the business to stay on the books. There is equal opportunity for everyone in the company to grow, expand, and have an opportunity to earn higher contracts based on production.
$40-$100 a month is the most common, but we can go as low as $12 a month.
$100,000 or less is the most common policy sold.
$250,000, but it also depends on the carriers you choose to write with.
We sell simplified issue final expense, term, IUL policies, and annuities. These are designed to cover funeral costs, mortgage protection, and retirement options. Most people qualify, even those with pre-existing medical conditions.
Volume! Again these are small policies for a small premium, but we sell A LOT of policies.
Beginning agents would get $360. How many can you sell in a day? 1, 2, 3, More?
Yes. All insurance companies have chargebacks if the client cancels within their first year.
Every company is going to have cancellations and most say you are doing well if you can retain 70% of your first year business in Final Expense. But we have a system on how to retain more business so you can keep more of your money!
No, we are a non captive agency. But the perks we have like gifting programs based on production, exotic trips, and a fun team environment makes our agents stay loyal to us.
Our agents are out in the field working 25-30 appointments a week. You have the ability to set and work your own schedule, but you must commit to a minimum of 40 hours a week. It’s recommended that you start in the field by 8am and that you put in a solid full day’s work, until your goal is met. If one day you fall short, work the following day until you make up your daily goal. Most of the time is spent talking with people in their homes. This is a true outside, in-home sales with a proven system.
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*The views, opinions and claims expressed on this website are intended to share what prospective agents could potentially earn in working with Diabetic Insurance Solutions, Ltd. (DIS). The recommendations, strategies and claims set forth in this website are not meant to represent how well you will do, or guarantee, expressly or implicitly, your success as individual results will vary. Our independent contractor agents work on commission, therefore your success is based on a number of factors, many of which are within your control, such as work ethic, persistence and dedication, while other factors may be outside of your control. The content on this website are not intended and should not be used as legal advice, financial advice, tax advice or accounting advice. No portion of this website shall be used as any type of contractual agreement, nor will it modify or serve as a supplement to any existing or future contractual agreements between DIS and its representatives, agents and salespeople. The opinions expressed by the agents on this website may not necessarily reflect the opinions of DIS.
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