Pros
*You can own your own schedule - no boss telling you what to do *Online training that you can access on your own time *Quality leadership, if you end up on the right team (Find the SWAT team if you're coming on board - they have the highest retention rates and the best tools for agents to use) *They're not super picky about who they hire - they may give you a chance where another company may not *Six figure income available if you're someone who is interested in and good at recruiting *Bottom line, it's a decent opportunity, and you can learn a lot about how to sell insurance and how to relate with people.
Cons
*Don't believe everything you hear. Ask for actual numbers / statistics / success rates / bank account statements. *As someone who has achieved far better success in this company than most, I can say from first hand experience that if you make it in the top 10-20% of agents in the company, and are ONLY selling life insurance (no advanced market and no recruiting), you can expect to make $40-$60,000 (after expenses) with very little income the following years from previous sales. *There are a lot of moving parts in this business: setting appointments (calling leads), preparing for appointments (calling underwriters and looking through agent guides to see if your client will qualify for various products), sitting on appointments (meeting clients face to face and reading their body language / getting the sale), then the paperwork of submitting business to the carriers, then the follow up of getting your business issued (calling the carriers to see what other pending requirements are holding the policy up from being issued). Finally, you need to keep track of your business expenses and manage lead expenses well. Performing poorly in any one of these areas will lower your ROI and make the business less profitable for you. As far as "would I recommend this business to a friend"? It completely depends on the friend, what they want, what they're willing to put in, and how likely I feel they are to succeed in this system. *The big money is available to those who recruit - it's quite lucrative for them... but I don't feel right about recruiting others into an opportunity where they have little chance of long term success as an agent only. *You'll hear a lot of talk in this company about how it's "Not an MLM". Well... when they have to repeat that so often... there might be something to that. It actually is a lot like an MLM, in that yes, you can make money without recruiting, but not enough to make it worth your while. *If you're someone with great ambition and the will to win, and you're someone who doesn't make excuses but takes charge of your life, then you'll be WAY better compensated at New Your Life. Find a manager near you and ask them how to get started.
