insurance agent

sales representative

sales trainer

sales associate

financial advisor

American Senior Benefits

I am not a person to write these reviews first off because of trying not to burn bridges, but I wouldn’t want even people I hate to go into this without very clearly understanding what they’re getting into.

When they say the classic line of “this is the best job for the right person,” what they could say instead is that unless you’re willing to not make enough money to live off of for at the very least three months, you will not survive. I was told by the person that hired me that I would easily make what I needed to pay my bills within a week. I’m here to tell you that after all of my exams and extra costs that they weren’t upfront with me about, I *lost* money taking this job. About a couple hundred dollars. Take the cost of licensing (over 300 dollars) plus 45 dollars for each exam (3) plus the required E&O insurance which was like another 150…you’re over half a grand in the hole before you even start. And I made a whopping total of $325 there after working a month. The reason I didn’t give one star is because if you can get through that for the first six months to one year, I can see how you could start to make okay money. If you’re able to go that long not paying your own bills, great! You could maybe set up something long term.

You will do a TON of cold calling unless you come in with referrals. I truly didn’t even comprehend how much. 200+ calls a day potentially with no scheduled appointments and you’re expected to book 15 appointments a week. Honestly I think this job would be better if you started off part time and got a few people under your belt while supplementing income elsewhere. That would be more realistic for a lot of people.

They told me that 90% of people don’t last a year in this profession and I took it more as my personal responsibility to defy those odds, rather than wondering why exactly that turnover rate was so high. That’s something you should pay attention to if looking at a job here. This is not stable income at first! Please please understand that because I got sold, hook line and sinker. I feel stupid but I’m writing this in hopes that others won’t have to.

Additionally, if you haven’t been there three years, when you leave you forfeit any commission because of a clause in the contract you sign with ASB…even if that commission was pending in your account. They don’t pay out until the amount is over 100, so it could be at 99.99 when you leave and it’s basically just “sucks to suck.” Unfortunately this is legal with that clause, and what it really is is wage theft but through a legal loophole.

I wish I never would have taken this job. But the people at least were pretty nice. I hope if you’ve made it this far you’ll reconsider your career with this company and not let them play upon your good humanity and servant heart. Don’t let my mistake be yours too, unless you have complete financial support for a year or more. And even then—do you want to work for that long getting paid less than minimum wage for much of that time? Also, you’ll put tons of miles on your car so be mindful of that too.

This company does great things for seniors. Just super not great to it’s agents. 

I thought it was just the Traverse City office, Modern District Financial. As it turns out they're not the only ones that are of control with wild expectations and awful managers. It's obviously a running theme with ASB. 

I was only there a month and a half, and I was treated fairly with the learning curve of haveing no background in the profession besides passing the initial exam for about the first week. Then true colors began to show.

The working environment is awful. In this office there's a dog barking, load announcements every 2 minutes about so-and-so having made an appointment, and everyone is loudly talking on the phone. If you're new and/or do not follow their script 100% you have to be on speaker with little hope of communicating very well with the potential client on the line. 

They only care about clients. Not potential clients. Not people who have made appointments. Only people who already have their business. I was scolded for not following through with pushing an appointment on someone arranging a funeral, or another woman who was hosting a hospice for her aunt. The fact that she was taking care of her actively dying aunt didn't matter to these people. 

When I left I was told that I had signed and understood a contract saying that I would not be paid if I left. I had traveled 3 hours from home, 8 hours+ (not including drive time) visiting along with clients on everyday that wasn't an office day. I ended up receiving a small final check because one of my last clients was my grandmother. 

The products are great, but they don't care about getting people affordable health care or life insurance. They care about finding out if you're worth something and making money off annuities and investments.

I am a very personable person and was able to set the required 15 meetings per week. This resulted in 30+ sales in my first 2.5 months. However, most of the sales were Medicare where the entire point is the residual income. Because in the beginning you are getting appointed and running appointments with your manager you don't get the residual income. Basically, you won't make minimum wage unless you hit it big on an annuity. Manager's weren't great about making sure you got paid (even if they did). They were honest but you had to stay on top of it. Medicare sales were peanuts and just generally, despite setting the required meeting amount I never even hit minimum wage. Granted, I could have put in more hours and was a bit stop/start due to still being in college over the summer. However, I saw many people come in and just waste their time. Unfortunately, they didn't have the teaching ability to change a non=personable person into a sales man. It seems they just hired anyone with some personality, put them on the phones, and let them sink or swim. For training purposes you were just given a script and only learned form asking the right questions. A great place for super extroverted and good salesman, but just not a good business model for your average employee. There were also some less than ideal practices since they weren't fiduciary and there was some lying on commission sheets to show productivity but you didn't get paid. Overall, I worked hard and was mildly sucessful but never broke through, 3/5. Also, you get all of your own clients through cold calling or door knocking. The leads are free at least and pretty good.

Misleading company giving promise of unlimited quality leads, advancement opportunities and training. Reality is Regional Sales Manager (RSM) operates their region as a separate entity. No matter how poorly a region is managed, owners not only stay out of RSM's problems, they frown on and ignore complaints by agents. My former RSM owes me thousands of dollars for unpaid incentives, competitions and leads. My complaint to Owners cost me my job. ASB skins agents out of at least 50% commission rates. After you leave, they confiscate your book of business by locking you out of administrative system that you paid for. Then they have your former co-workers and friends raid your clients and rewrite them (illegal Churning) in order to get new commissions and eliminate paying you your vested renewal commissions. ASB then confiscates your vested renewal commissions after a few months of paying what you are owed. They are currently under investigation by the States of MN and WI for these and other ethical and legal violations.
I would not recommend this unethical company to anyone. Many superior companies out there that actually pay agents a respectable commission. ASB is all about recruiting high numbers of agents with RSMs and Owners making the majority of the profit.

Opportunity to have ownership in a company that is needed by the public.  Most seniors do NOT want to buy over the phone or internet.  You must work hard in the beginning as with anything that is worthwhile.  I read reviews of people who tried for a month!  Seriously, guess they thought they should be rich already!  LOL You receive UNLIMITED prospecting support.  Free lists and many times free leads and you can buy more for $10/lead.  I have never lost money on leads.  Leads are not shared and are totally exclusive.  Most come with email AND phone #!

Best thing is that EVERYTHING is disclosed upfront in writing.  No surprises like most other companies.  Over 130 carriers to work with allows us to focus on education instead of selling.  People want to buy from you when you are like this.

I am building something not just for myself but when something happens to me, my children will receive my income.  This makes it fun to get to work everyday.

The flexibility is great!  Never thought I could enjoy a career like I do this.  

The phone is difficult in the beginning but then it just clicks and life gets easier.  I will NEVER do anything else!

American Senior Benefits has provided me and my family and meaningful career for many years now. I ALWAYS do whats best for my clients and never have to "sell" anything, just teach. The owners & Managers across the country are great people that really care about one another's success regardless of which office you work out of.

ASB's compensation is one of the highest in the industry even after providing client management systems, proprietary leads systems, and pay system that make it where you never have to wonder where or when your pay in coming in, plus systems to track your progress. They also provide sales tools to make it easier when you're in front of a potential client. This company is one of the only companies in this industry that doesn't make you write your "top 200" potential clients before they hire you.

Overall great company full of great people! If you are looking this is the perfect place to start your career or make your current career a successful one for you and your family!

At American Senior Benefits, each branch is run however the RSM (Owner) wishes to run it. Every office is run differently and can change at the drop of a hat.  ASB only truly cares about, are the RSMs.  They'll tell you that they're all for the agents but the reality is that it's all about the owners and putting money in their pockets. 

They will put down Bankers Life all day long, but in reality, the only better thing about not being at Bankers is having all the carriers.  If you want a variety of carriers, great!, just don't go this route.  

Become a completely independent agent where you can have multiple FMO/IMOs.  

Benefits as in Independent:
* Street level commissions
* No one yelling at you on a daily basis
* No office fees
* They can't let you go for no reason
* No office politics
* You are your own boss
* Work as hard or as little as you like
* Build your type of clients
* You'll always get paid your earned commissions, even if you decide to stop working

The energy in the office is great everyone acts like family. I newly started working in this industry and I couldn’t have picked a better company to grow my business with then ASB. They walk you through setting up your LLC along with Retirement Savings Accounts, truly helping you create your own successful business. If you’re thinking of joining the industry this is the company to join there is endless support from our Area Director, Managers and Trainers. Weekly trainings to ensure you’re able to build a successful business.  Booking appointments can be difficult at times but are very possible to maintain a consistent schedule. You truly get what you put in when it comes to a career like this. The opportunities and growth are unmatched at ASB when comparing options. Overall the best work environment I’ve ever experienced with the most flexibility. 

I started fresh out of high school not knowing any better. Sure it was great you can make as much as you want if you want to work as hard as you can. I knocked on doors cold called worked Saturday's, paid for all my own advertising, leads, lists even my own business cards! the office was boiler room calling and the training sucked. Everyone was miserable. I tolerated it because I eventually just stopped going in the office and worked for myself. Eventually they said if I am not a team player I have to go.The manager was rude and made jokes about going through a divorce. They promised residual income but I left after 4 years and they kept it all. All the higher ups and managers in Florida are a joke. Go on a conference call listen how the company is making money yet they need to cut commissions. There are plenty of other insurance agencies to start with to get you in the business. This is not a place I would recommend at all

For one you have to put out a minimum of 450.00 and no guaranteed pay . You cold call for 10 to 12 hours on Mondays and Wednesdays to set appointments for the week . The lead program is not as advertised, it states that you get leads in areas you ask for which is not true. You need to pay 15.00 more per month to get on the contact manager list to receive phone leads.This was not mentioned in the initial interview it was mentioned that the phone leads are free. Also if you want mail leads they are 20.00 each
The phone leads are distributed by one person and it just seemed a little strange that he gets most of the appointments.

Unless you are prepared to be on the phone 30 plus hours a week and try to sell something anyone get over the internet this job is for you 

I worked there for 1 month and only made 90.00 which I think I will be very lucky if I see it .

Top Job Titles	Average Salary
Insurance agent 6 salaries reported	$92,917 per year
Sales representative 1 salary reported	$80,500 per year
Sales trainer 6 salaries reported	$130,000 per year
Sales associate 5 salaries reported	$130,000 per year
Financial advisor 4 salaries reported	$140,000 per year

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