Bottom line, Bankers Life preys on the elderly. They are seeking so many new agents for their own capital gain on a very high pyramid scheme. You will be hired, as a pawn, to go into seniors homes, as a door to door salesman. Most of these elderly people do not have the mental capacity due to their age to be making financial decisions. These seniors DO NOT need a policy from Bankers to start with. They have an income and health benefits from their previous employers and medicare that takes care of all their health needs. Banker's policies does not give them any better health care or allow them to be in any better nursing home, the policies are worthless!! You will be trained like monkeys in a cage to use all the proper words for these seniors to trust you. You will be brain washed into thinking that you're helping these elderly people with long term and death policies which only cost a measely one hundred dollars a month. What you don't know is what happens to these folks after the sell. These policies you're selling are so full of loop holes and will never pay off. The one hundred dollar premium policy turns into five or six hundred dollar policies. The premiums far beyond any benefits. The elderly usually don't know what hit them because this money is automatically withdrawn from their bank accounts. These seniors know that they don't have any money but they're not sure why. Most of them think that they have to have or keep Bankers Life insurance, so they don't know to cancel. These elderly folks go without medication and food because of these expensive premiums. The scam is up when the children of these folks finally take over their parents finances. The first person they'll come looking for is YOU as the agent. You will not be able to back up this policy nor will Banker's Life back you up. When you sell this policy, you will make a small commission per policy while the CTO's (top of the pyramid) will benefit for as many years off of these poor elderly's expensive premiums. When the family finds out, this is when Banker's will give them the run around, be rude, and hope like he-l they'll get tired of fighting with them and they go away, Banker's wins! This is also the reason they are trying to recruit so many new agents, the more agents they have the more the pyramid grows, but you also have to understand that once you're called out by the family, the heats on you. It's your fault that Banker's is having trouble with this family, because evidently you didn't do your job right. So between the family and Banker's, you'll quit. Sounds easy enough to quit, but stop and think about the money you scammed out of Banker's elderly, money that they would have had in their own savings for their health care, but now is in the pocket of Banker's CTO. The elderly's family is struggling, usually mortgaging their own homes to get their mother or fathers care paid for. As for you, you were nothing to Bankers but a "pawn", you were the "puppet" but now you're out of a job and no money because you'll never make the pyramid.
If you have morals, if you value our seniors, if you think about your own elderly family members, then tell Bankers to go to he-l. I don't know how the US government can allow this company to scam so many of our seniors, but it's gone on for years. There has to be a pay off somewhere. As far as insurance commissioners in your state, Bankers isn't scared of them, again, has to be a pay off.
When Banker's employees take their last breath, their bank accounts won't buy the Main Man that hold their last contract.
Good Luck job seekers! Don't waste your time or lose your integrity with this useless, worthless company.
Review about: Bankers Life And Casualty Company Life Insurance.
Monetary Loss: $20.