Employee Review of Bankers Life and Casualty - Check out more reviews of working at Bankers Life and Casualty

Two years I've been at Bankers and now moving on to a brokerage. Best recomendation I can make is take the training sure it is worthwhile if you want to continue in the insurance industry. In Philadelphia at least it is a churning business. An agents life expectancy there is less than a year. You pay to get licensed and when you work there you will end up paying 4800 dollars a year. If you end up employed take an average of what annual income is there and you will find it to be less than 30k. Also you have to take in consideration the number of expenses you incur from travel wear and tear on your car, gas have a fuel efficient car. The bright side most agents dont end up having to pay income taxes because the income is not much greater than the expenses. If you want to make it there look for it to take you five years or have a instinct for sales. Products are so so the supplements are good. Long term care is ridiculously bad compare them to Genworth john hancock, and you will find Bankers does not compete well. Plus the front of the application is mired with rate increases. It is a product that is not even trained or really marketed. Annuities and life are competive. If you are planning to make a career at it sell renewable products. I would recommend take the training and move on to another company as fast as possible. Two agents have made it 10 years or more a retired guy who I never met and some guy who I met a few times who had 50k or more in renewals this guy would be your model not the most personal but supposedly you get to know him he is a stitch. This is the best I can tell you about Bankers life and casualty in the two years I have been there.