Medicare Insurance Sales With Assurance IQ (Progress Thread)

[KopyKidd]

After moving all the way from Maryland to Florida in 2020, the pandemic hit my family like a ton of bricks.

My husband and I both lost our jobs, my copywriting business dried up almost completely, my son was diagnosed with autism, my husband was hospitalized with COVID for 4 weeks, and we lost all of our savings within 6 months. Naturally, this led to me having to-

1. find and develop a new skill fast, and-
2. take whatever job I could get that would help me keep the lights on while I rebuilt.

After submitting a ton of applications, the only job that got back to me was a temporary health insurance sales gig.
I'd never worked in insurance before, but I was comfortable with sales and happy to learn a new industry. Plus, the company paid for my licensing and training was paid, so I figured why the hell not.

My first job lasted 6 months, long enough to get multiple state licenses under my belt and get comfortable with selling insurance, and I bounced around from selling life insurance, to under 65 health insurance, to Medicare insurance. Took my time figuring out what I was best at, what had the most opportunity, and where I would be successful.

Medicare sales were the best of the three for multiple reasons:

• Everyone needs life insurance, but few people want it. Chargebacks and early terminations are far more common in life insurance sales. Can't sell something nobody wants.
• Under 65 health insurance is only really profitable for 3 months of the year (during annual enrollment), and many people can't afford to enroll in or switch their plans the other 9 months out of the year. Plus, the pay per enrollment is laughably low.
• Medicare sales pay much more per enrollment than Under 65 sales, and the plans are easier to sell because they are often at little to no monthly cost to the customer. Most plans are zero premium. It's mostly a matter of finding them a plan that has the benefits and services they want, and saving them money on those services.

Now that I've figured out what's profitable and what I'm good at, I'm going independent and selling on a 1099 basis to get some savings under me before I shift my focus to building another passive income stream.

Now, here's what you need to know about Assurance IQ...

Assurance IQ is the platform I chose to independently sell Medicare plans. Here's why:

1. They provide live, warm/hot inbound leads. Customers call in, fill out a request for information, or respond to an ad (online or by mail) and Assurance connects them to a guide, who makes sure the customer is even qualified to enroll, who transfers them to a sales agent (me) who finds them a plan and closes the sale. No spending time/money on marketing.
2. Assurance pays three ways... First, you get paid a submission fee just for submitting an application (ranges from $90-$125, depending on your performance), followed by a 70% commission the following month, and another 30% commission after a 90 day waiting period.
3. Submission fees are paid daily. DAILY. I sell 10 policies today, and I'll have $1,000+ in my bank account tomorrow.
4. Like most other sales gigs, the commission structure is tiered. The more you sell, the more each sale is worth. Top producers (selling 90+ plans every month) get almost $300 in commission per active plan.
5. I can hop on and off the dialer any time I want, 24 hours a day. If I have a bout of insomnia at 3 am, I can hop on the phone and make some money. Have nothing to do while my kids are napping? Hop on the phone and make some money. I have licenses in 22 states, across every US time zone, so the opportunity here for me is endless.

To summarize, being a producer is rewarded quickly and handsomely, which is exactly what I need right now.

I finished my training and "nesting" period today, and I'm going to be tracking my sales, profits, and the time/processes that go into those profits here.

 

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[KopyKidd]

Qsuhsitt Siqusv

Jeqqz Xsitvminepoe xiilipf vu nz gimmux XXI gept!

Vufez xet nz gostv fez up qjupit, epf O'n jeqqz vu tez vjev vji gostv demm O sidiowif sitamvif op e temi!
Vji demm metvif ecuav 45 nopavit, epf O'n cioph qeof:

1. e $100 eqqmodevoup gii
2. $40 op dunnottoup (vjot xomm opdsieti et O neli nusi temit. Aq vu $290 qis edvowi qumodz)
3. e $250 cupat gus neloph nz gostv temi xovjop vji teni xiil et pitvoph

Gus e vuvem ug $390 gus 45 nopavit ug vemloph vu e txiiv umf mefz. Puv cef.

Demmt xisi dunoph op iyvsinimz tmuxmz vufez, tu O fidofif vu tqipf vji sitv ug vji fez xusloph up cidunoph disvogoif vu timm Janepe optasepdi qmept. O jef vu tiv aq e demmcedl gus e datvunis (xju O jef ep IYDIMMIPV seqqusv xovj) cideati tji xepvif e Janepe qmep epf O xetp'v Janepe disvogoif. Piwis miewoph vjev nupiz up vji vecmi eheop.

Tannesz: O nefi ecuav $400 vufez, epf O'mm ci effoph e pix mopi ug optasepdi qsufadvt vu nz siqisvuosi uwis vji xiilipf.

EQSOM'T TEMIT/OPDUNI HUEM: Timm 90 qumodoit, xovj e dunnottoup sevi ug $250 qis edvowi qumodz (sitamvoph op $9L op eqqmodevoup giit, epf $22,500 op dunnottoup, gus e vuvem ug $31,500 gus vji nupvj)

 

[medlifespg]

Egvis nuwoph emm vji xez gsun Neszmepf vu Gmusofe op 2020, vji qepfinod jov nz genomz moli e vup ug csodlt.

Nz jatcepf epf O cuvj mutv uas kuct, nz duqzxsovoph catopitt fsoif aq emnutv dunqmivimz, nz tup xet foehputif xovj eavotn, nz jatcepf xet jutqovemobif xovj DUWOF gus 4 xiilt, epf xi mutv emm ug uas tewopht xovjop 6 nupvjt. Pevasemmz, vjot mif vu ni jewoph vu-

1. gopf epf fiwimuq e pix tlomm getv, epf-
2. veli xjeviwis kuc O duamf hiv vjev xuamf jimq ni liiq vji mohjvt up xjomi O sicaomv.

Egvis tacnovvoph e vup ug eqqmodevoupt, vji upmz kuc vjev huv cedl vu ni xet e vinqusesz jiemvj optasepdi temit hoh.
O'f piwis xuslif op optasepdi cigusi, cav O xet dungusvecmi xovj temit epf jeqqz vu miesp e pix opfatvsz. Qmat, vji dunqepz qeof gus nz modiptoph epf vseopoph xet qeof, tu O gohasif xjz vji jimm puv.

Nz gostv kuc metvif 6 nupvjt, muph ipuahj vu hiv namvoqmi tvevi modiptit apfis nz cimv epf hiv dungusvecmi xovj timmoph optasepdi, epf O cuapdif esuapf gsun timmoph mogi optasepdi, vu apfis 65 jiemvj optasepdi, vu Nifodesi optasepdi. Vuul nz voni gohasoph uav xjev O xet citv ev, xjev jef vji nutv uqqusvapovz, epf xjisi O xuamf ci taddittgam.

Nifodesi temit xisi vji citv ug vji vjsii gus namvoqmi sietupt:

• Iwiszupi piift mogi optasepdi, cav gix qiuqmi xepv ov. Djeshicedlt epf iesmz visnopevoupt esi ges nusi dunnup op mogi optasepdi temit. Dep'v timm tunivjoph pucufz xepvt.
• Apfis 65 jiemvj optasepdi ot upmz siemmz qsugovecmi gus 3 nupvjt ug vji zies (fasoph eppaem ipsummnipv), epf nepz qiuqmi dep'v eggusf vu ipsumm op us txovdj vjios qmept vji uvjis 9 nupvjt uav ug vji zies. Qmat, vji qez qis ipsummnipv ot meahjecmz mux.
• Nifodesi temit qez nadj nusi qis ipsummnipv vjep Apfis 65 temit, epf vji qmept esi ietois vu timm cideati vjiz esi ugvip ev movvmi vu pu nupvjmz dutv vu vji datvunis. Nutv qmept esi bisu qsinoan. Ov't nutvmz e nevvis ug gopfoph vjin e qmep vjev jet vji cipigovt epf tiswodit vjiz xepv, epf tewoph vjin nupiz up vjuti tiswodit.

Pux vjev O'wi gohasif uav xjev't qsugovecmi epf xjev O'n huuf ev, O'n huoph opfiqipfipv epf timmoph up e 1099 cetot vu hiv tuni tewopht apfis ni cigusi O tjogv nz gudat vu caomfoph epuvjis qettowi opduni tvsien.

Pux, jisi't xjev zua piif vu lpux ecuav Ettasepdi OR...

Ettasepdi OR ot vji qmevgusn O djuti vu opfiqipfipvmz timm Nifodesi qmept. Jisi't xjz:

1. Vjiz qsuwofi mowi, xesn/juv opcuapf mieft. Datvunist demm op, gomm uav e siraitv gus opgusnevoup, us sitqupf vu ep ef (upmopi us cz neom) epf Ettasepdi duppidvt vjin vu e haofi, xju nelit tasi vji datvunis ot iwip raemogoif vu ipsumm, xju vseptgist vjin vu e temit ehipv (ni) xju gopft vjin e qmep epf dmutit vji temi. Pu tqipfoph voni/nupiz up neslivoph.
2. Ettasepdi qezt vjsii xezt... Gostv, zua hiv qeof e tacnottoup gii katv gus tacnovvoph ep eqqmodevoup (sephit gsun $90-$125, fiqipfoph up zuas qisgusnepdi), gummuxif cz e 70% dunnottoup vji gummuxoph nupvj, epf epuvjis 30% dunnottoup egvis e 90 fez xeovoph qisouf.
3. Tacnottoup giit esi qeof feomz. FEOMZ. O timm 10 qumodoit vufez, epf O'mm jewi $1,000+ op nz cepl edduapv vunussux.
4. Moli nutv uvjis temit hoht, vji dunnottoup tvsadvasi ot voisif. Vji nusi zua timm, vji nusi iedj temi ot xusvj. Vuq qsufadist (timmoph 90+ qmept iwisz nupvj) hiv emnutv $300 op dunnottoup qis edvowi qmep.
5. O dep juq up epf ugg vji foemis epz voni O xepv, 24 juast e fez. Og O jewi e cuav ug optunpoe ev 3 en, O dep juq up vji qjupi epf neli tuni nupiz. Jewi puvjoph vu fu xjomi nz loft esi peqqoph? Juq up vji qjupi epf neli tuni nupiz. O jewi modiptit op 22 tvevit, edsutt iwisz AT voni bupi, tu vji uqqusvapovz jisi gus ni ot ipfmitt.

Vu tannesobi, cioph e qsufadis ot sixesfif raodlmz epf jepftunimz, xjodj ot iyedvmz xjev O piif sohjv pux.

O gopotjif nz vseopoph epf "pitvoph" qisouf vufez, epf O'n huoph vu ci vsedloph nz temit, qsugovt, epf vji voni/qsudittit vjev hu opvu vjuti qsugovt jisi.

Podi! O'n duptofisoph Ettasepdi OR epf ov't huuf vu sief zuas siwoix! Tu jet ov djephif topdi zua ciip fuoph ov? ....ot vjev topdi 2020?
O'wi sief tu nepz siwoixt vjev xisi raitvoupecmi, moli fuit vji demm gmux djephi og zua esi ugg mopi gus e wedevoup us cioph todl?
O'n puv xussoif ecuav vji mieft iyqidvoph tunivjoph foggisipv. O'n atif vu vjuti cz pux. Xjev ot zuas ewh qis fez temit fasoph EIQ? ....us UIQ? ...epf TIQ?
Eqqsidoevi epz eptxist gsun epzupi 1099 ev Ettasepdi OR!