insurance agent

financial consultant

financial advisor

insurance broker

financial representative

PHP Agency

Here is a very honest review of my experience: 
Working for PHP was definitely new and different. Here you will sell life insurance. The insurance companies they represent are rated A and have been around for over 100 years. The product they sell is something people should have, however their main product is not life insurance their main product is entrepreneurship. You come in and immediately you're sold a dream of financial freedom, luxury, sending your kids to private school, fancy cars, mansions, trips. The uplines receive substantial bonuses for what their downlines produce and often they're the ones that get those fancy trips. However, the new agent with no license get points for their sales, not money. I would call this unpaid training.

The system: $199 to start but they give you a training course that's to obtain your license. This is fair considering you need a license to be a life insurance agent. However, starting compensation is 30% then you can move up to 50%, 60% etc... I will explain below.

How to move up:
You have two options A you get your license on your first month (no pay in between ) so you need to have a full time job in the mean time or savings. On your second month you start producing slowly but surely. There is no lead system is purely based on referrals of family and friends. You get training provided but if during your training there is a sale you have to split that with the Trainer. So on your second month your making 3000 in sales at 30% commission thats $900. It's doable, however they encourage you to have a Field Trainer with you so you're always splitting those commissions with them. At the end your making less than that 30%.

Option B you don't get your license yet because they have a point system so you bring to them a list of family and friends and you start calling them to invite them to "see your new business". They get a presentation and you would hope they buy(which it'show you make your first sales in option A). However, once they do, the person who helped you with that presentation takes that commission and you get $0 BUT, you get points. Points that you can use to move up to the next percentage level. However, you have to do a few of those to move up including getting at least 10 people to join you in this business. You have a month to complete this and if you don't you have to start again. The promise with this option is that you get promoted faster to a higher comp and the third month you have a team and you should be making $30k in production the 3rd month at 50% thats 15k. However, at this point you're not part time and making 15k in your third month is very hard because not all your new agents will have their license and not all of them will stick around. You will continuously have to look for new agents to replace those that won't stay.
If you try to get promoted to a higher rate with license already they make it extremely difficult. They put time limits and restrictions on licensing requirements that you are not told from the beginning. Since there is no lead system and they don't recommend you get leads,  sometimes you could end up getting like 3 insurance policies on yourself just to hit those promotions. 

I noticed that this system is created so that you sell policies to the people you recruit and the people you recruit sell policies to those they recruit. Your best customer is your recruit especially if they are running for a promotion with no license, because by then you have your license and you can take all those commissions, and your recruit is thinking this is ok because he gets "points." This gets repeated on and on. That recruit will have to do the same thing to his recruit, and then his recruit to his recruit, and so on.

I decided to leave because of the system I described, the insurance industry is very lucrative and you can make a decent career. However, PHP didn't match with my moral and ethical ways of doing business. 

I spent a lot of money trying to hit those promotions and I barely broke even on my  3.5 months there. I bought licenses in other states where I got agents to work with me because that's the only way to get those overrides from your downlines. But if you are not promoted there is no overrides (the money you make when your agents sale).






Be prepared to pay at least 500-1500 minimum just to get started with the company. You need to get your life insurance license for your home state. You will have to go through a state exam and federal/state background check. As long as you pass, you will then pay any additional fees to get your license, finger printing, and anything else you feel you need to start your life insurance business. 

Then, you pay for a license for any state you wish to practice in thereafter.

You will have to pay to renew all licenses and update state exams.

You need to be prepared to give up a lot of your time in the beginning. Even if you follow the process, you may not make money initially. 

Your family and friends will believe you are in a Ponzi scheme and will reject you. It sucks but it is technically a part of the process of learning about Entrepreneurship through PHP.

As far as the pay goes, you get paid upfront for each policy sold, up to a year's worth of premiums (equivalent). However, if they cancel that policy, you must pay back the difference to the insurance company (referred to a kickback or other similar terms).

This makes you feel like you have to keep going because you don't want to waste your money, time, and energy. (Remember the amount you spent to get into the company)

As far as the culture, they do spend a lot of money on those who are successful within the company. Fancy company trips, all paid for. For those that qualify, they get nice jackets, books, checks/cash etc... They have various members clubs setup which is great if you consider yourself highly competitive and want to qualify. They operated like a highly competitive team and they will yell, scream, and argue if they feel that is the only way to motivate to keep going. It's overwhelming at first. Retention is like any other form of entrepreneurship. People come and go quickly. Those that remain trusted the process and made huge dividends.

This career is not for everyone.

This is my experience your results may vary. Great shows you how to run a business makes you grow in areas you lack if your a introvert you will be a extrovert great place with good energy but a few unethical things go on behind closed doors i felt burnt out from working my other 3rd shift factory job, always prospecting, cold calling, following leads, and going to meetings some out in Bakersfield which is a very far from Visalia I was very mislead by everyone in suits I thought alot of these people were very established in insurance and great and were making a lot of money turns out I was wrong while some are making money (which is very very few) not everyone is. I heard many times "your not a real entrepreneur until you have a car repossessed" and I'm really not joking I'm dead serious and this is coming from one of the top guys that runs the entire company which their may be nothing wrong with that from a business point of view because it shows your commitment to the cause but it makes me raise the question at what point does it stop? Me personally I wasn't about to risk everything for something I'm not passionate about I constantly felt like I wasn't good enough even though I got promoted twice in one month but at what cost? (Literally) I was always running on fumes with 1-3 hrs sleep max and yet criticized for not doing more  and making sales I could go on but like I said great place will get you awesome at what you lack there is some great leaders and people there that you can't find anywhere else but unless your recruiting making sales or getting leads everything you say is an excuse 

People hear of financial services and run away. Perhaps that’s why over half the country is in debt and working dead end jobs. Perhaps that is why people find it easier to quit than to succeed. People have a very poor understanding of multi-level marketing. Let me tell you I’ve sold makeup and products before. This is different—we parter with over 32 companies to provide financial services that people actually need. If you can spend $15 on fast food, you can spend $15 per month on a policy that can protect your family’s assets. Worried about falling into a pyramid scheme...sorry to break it to you but you probably already have. Seriously, think about it! When was your last promotion? Does anyone work above you or under you? In my Workday I could see the pyramid structure. At PHP, I create my own hours, my own pay, and my own pace. The culture is motivating and more diverse than I’ve ever seen. Yes some people are less educated than others but that is not always a testament of their ability, skill, or work ethic. If you need someone to tell you what to do then this is probably not the job for you! Notice how all the poor reviews are from people who didn’t make it a year. I’d guess they also didn’t pass their license exam. I wouldn’t be surprised if they didn’t even finish training. Some people aren’t cut out to lead. It’s that simple.

A typical day involved team calls or training sessions, prospecting, client appointments, and follow-ups, with flexibility to set my own schedule.

 I learned valuable skills in communication, sales, presentation, and understanding life and health insurance products. 

Management was supportive and motivating, though expectations were high and required strong self-discipline. 

The workplace culture was energetic, community-focused, and growth-oriented, with an emphasis on personal development and accountability. 

The hardest part of the job was the commission-only structure and income variability, which required consistent effort and resilience. 

The most enjoyable part was the flexibility, personal growth, and helping families understand and plan for their financial protection.

 They are a pyramid scheme and they profit on "recruiting agents'". They take advantage on people looking for a well paying job make you pay $200 to get licensed by the state and you don't see that actual license, yet make you attended to their so called trainings/meetings in reality it is no training at all zero information on how do selling insurance polices is all about don't teach anything about what or how does the business of selling insurance is about, and force you to attend "big events". I attended the Montebello branch for "training" met with the president and all the meeting was for 3 hours was a bunch grown adults cheering, yelling and playing loud music to "cheer the agency" Zero information about how to sell what to know , this agency should be reported to the labor board because there is no real training for so called agents. The trainings are not really trainings they more like pep rallies with loud music and people yelling in an office environment while staff wears sunglasses. 

From day one my leadership helped me to succeed in my position and worked with me during my medical issue. I asked to know more and I was taught more and promoted as well. Some people complain that there was favoritism but that's not true. If you work and put yourself out there and do a good job, show up daily (per your schedule and as an employee should) you'll succeed. Some people wanted the title but not the responsibility or accountability that comes with moving into leadership. Overall, it was definitely a great place to work. I left due to personal issues and my CEO and COO knew my work style and ethics and didn't want me to go but left the door open for me to come back when I wanted too. Definitely, a positive and productive place to be and learn and grow I the business.

Working here changed my life. The environment pushes you to grow in and out of business. You can earn well, help families, and change your future—if you’re willing to grow.

The atmosphere is ELECTRIC on daily basis! I've learned more about financial literacy and legacy building than I have my entire 64 years of living! The culture is positive and the people are willing to help no matter who you are! I totally KNEW UP FRONT that this was a 1099 business opportunity. In short, I set my own schedule and determine my OWN PAY! That, for me, is awesome! Not sticking to the system will make this opportunity difficult! It offers time freedom as well as the ability to earn at my own pace. Complaints about this company, in my opinion, are from those who enjoy working for someone else!

This is the best opportunity available with this business model!



I'm a licensed Life Insurance Agent Currently in just California right now but will be in multiple states soon.  It's a professional business, but there are a lot of fun things, it is a commissioned based business but its really good commission pay.  It is an MLM type of business but if you put in the work and continue to be teachable it is very rewarding. Travel all over the world if you meet requirements, every year theres a business convention where everyone around the country attends, and in the beginning of the year theres a hierarchy convention.  I have no complaints.

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