Why I Left The Life Insurance Business (My Old MLM)

For everyone else, I make money selling life insurance. I make this free content in the hopes that you use it to improve your sales skills enough to partner with us.

Join My FREE PRIVATE SALES and Marketing GROUP (Get my exact sales script)👇

[MrVvking]

Be the change you want to see in this industry. Don’t leave us. The more good people that leave only leaves more tyrants. Appreciate your honesty and effective content. 💪🏾💪🏾💪🏾

[ChristIsKng]

I left my firm and went independent. It felt very cultish in the corporate setting and whole life insurance was sold as an investment, not as insurance. It was unethical. My focus was always to build a holistic practice and keep the client’s best interest top of mind. The corporate firms are all about sales, though. Trying to work in the client’s best interest while trying to satisfy corporate sales quotas is a huge conflict of interests.

I’ll add, custom guaranteed universal life is the best product to recommend when selling final expense insurance, unless of course they don’t qualify for anything other than a guaranteed issue policy. It’s not about the commission you make, it’s about solving the client’s problem as cost efficiently as possible.

I hate that life insurance firms don’t require their agents to get their investment licenses and don’t spend a lot time educating them about products and strategies that don’t involve whole life insurance. Oftentimes, people look at their life insurance agent like a financial advisor because they wear a suit and work at a fancy office. The scheme is very complex, to say the least.

[xzlvjvj]

Thank you, Peter. I have watched your videos non stop for the past week. If all goes well, I will take my license test next Mon. I am eagerly awaiting your next "change of life" in the business. Thank you so much for everything, but mostly for finding out a way to turn this around. Love to you, Peter!

[eddie-xils]

I sold life insurance for six years when I was your age. You're right that some nine out of ten agents don't make it for one year. I don't even know what you're talking about. Insurance Companies
don't put pressure on their agents to recruit. An agent can just go about selling insurance and build his client base without any pressure to recruit. Still can't figure out what your beef is unless the
Company you were working for DID put pressure to recruit. In six years selling life insurance I've never heard of such a practice.

[EmoryG]

I appreciate all this effort you put in, It really feels like you have a friend on your side in this business

[robthefarmer]

The most informative and transparent video I've seen about the industry! Thank you for sharing, because your videos are bringing huge value that many need to hear, including myself!

[naweedmohammadi]

Thanks brother for the effort and inspiration u give me through this time and now I’m going through to get my license and please continue these great content and hoping to have part in you organization insha allah.

[zackprivette]

As someone who is currently researching how to get into the industry, I seriously appreciate the transparency in your content. I have a 9mo old daughter and spouse to provide for so it really resonates. Eager to see your new path come to fruition for you and learn the ways!

[rachaeldyson]

I have been listening to your channel about how to be successful in selling life insurance. I was really impressed with your skills on the phone, handling objections, and really understanding people. I think it says a lot about you as a person. I agree that MLM systems are controversial and can leave someone jaded. I would like to continue to follow you. I see your light and passion to be a forward thinker. I am happy that you are not leaving the industry. You have been wonderful in allowing me into your space to hear you on the phones.

[GROVER-]

You're awesome man . Much love and success.... I'm working on getting my license because of you .

[brittanyash]

All of your videos really speak to my ethics and morals, and I am really thankful and grateful to have found your content. I just got recruited with FFL, but the team support and my upline have been very supportive and have lots of weekly trainings to help everyone succeed. Ill see how it goes when i get licensed and get experience.

If i find issues ahead, Ill also be pivoting. Thanks for sharing your lessons. I appreciate you.

[RyeYauniBush]

Though I just turned 19 three days ago, I came across your videos and taking into consideration everything you’ve said its truly an honor. A while back a primerica recruit recruited me, and I didn’t abide by their morality, you want me to hurry up and recruit people and sell life insurance but I don’t know what I’m selling and it may not at all be fair to their loved ones and after life. Bad enough I didn’t even have my license yet and I’m selling something that effects people life savings???…that’s crazy!!! I even asked the recruit I had what makes primerica a good life insurance and she couldn’t even tell me all she said was “they’re the best” from then I new their ethical code wasn’t ethical and she was greedy. So I ended up taking advantage of their course and just studying for the exam that is not orchestrated with them but just the state. Unfortunately my mom has bought into a policy that I know for a fact once I get my license and actually see the contract I’ll probably see the flaws in it. But then again that’s why I’m here, to make sure just like my mom being a victim there won’t be others that are victims as well. I love how you do everything from the heart and understand that other peoples livelihood matters. I tried to get my license by taking the test on my birthday but for some reason my computer crashed and prevented me from taking it. I have another appointment set coming up soon to take it but in the mean time I am blessed to receive some insight from you, especially considering I just started watching your videos within the past three days and haven’t stopped since. I am at the moment very new to the game to meet the qualifications to work with you, but hopefully one day in the future you could see how far I’ve came and my work ethic so that we can change the game the right way, and I can be apart of that process. What you’re doing is amazing understand always, positive thinking, brings positive faith, allowing positive anticipation, bringing positive hands and positive actions. Keep going, you’re on to something great🙏🏾💫 P.S I requested to join your Facebook group with gods will I can get approved🙌🏾

[richardluna]

I'm currently with FFL, and I have to say great video. You might not know it, but the content you've been providing is pretty much training in itself. You have shared a lot of your knowledge, and it has definitely helped me in which I will share with my agents. In my honest opinion, one thing that you mentioned in the beginning about agents building their programs and selling their courses, etc, is what you decided to do, correct? I've seen a lot of big top agents partner with Cody A., Prince Donnell, Arturo Johnsons, where they all build a program run ads generate leads but what got me was that you said how do you know who to trust aren't you doing the same thing and selling your crm and leads and programs?

[iamflawlessbeauty]

Love your content. I got my license years ago and still struggling. Im glad i found your channel. Im independent so your channel really helps me.

[coltonromero]

My guy, great content. Just got my license and have been doing research on what organization I think would be best to start working with... You made some great points here, genuinely agree.. I want to earn money via selling the products not recruiting agents. It sounds like your an independent agent, if so could you make a video talking about what agency if any you are working with or how that works?

[inazuma]

Thank you for sharing this with us and I can tell you're really speaking from your heart.

[supersimple-caadri]

Great information! Thank you for sharing it with us!

[aarondobbins]

I just signed up and take my classes starting next week I like the way you are going and would definitely love to talk to you more

[inuinvestments]

Peter, I just found you and your videos within the past 24 hours. I've been looking for a system such as the one you describe because I too feel the traditional life insurance strategies are outdated and have plenty of room for improvement to be more effective. I want to do it exactly how you are doing it via telesales and not have to go into homes and knock on doors. I LOVE people and only want to make a lasting impact, help families, and change lives and communities for the better. I am going to look into working with you NOW.

[champabaysavage]

Peter I found your video very insightful. I was hesitant to recruit people into the industry at first as well because of the reasons you provided. Mostly didn't want to be responsible knowing 90%+ of agents fail. However what I've come to realize is as long as I am very upfront and direct about how difficult it will be, the risk they are taking on, and what is required to succeed and then provide as much training as possible, then if they fail it is not on me at all. It is up to them to put in the work to have a successful business. I personally knew fully what I was getting into when I started selling and I would have blamed no one but myself if I would have failed. And I am looking for other people who understand this and are ready to take on that same level of responsibility for themselves. I think the issue comes in when you try to recruit anyone & everyone willing to get licensed who really doesn't have the skills to run their own business. So personally I don't think it's necessarily a moral or ethical issue, it is what business model type is best for the people you are looking to recruit & help. If you knowingly recruit the wrong person for the wrong business model, then it is a moral/ethical issue.