Insurance FAQ
 

Is The Life Insurance From World Finance Group With The Savings Plan A Good Investment For A 23yrd-old?

For $500,000 it's around $194 a month. Is this too much?


Answer: Okay, I've read all the other answers so far posted and not one of them is fully accurate. Of course, that might be also because you haven't provided complete information. i suggest that you ask the agent you're sitting with to fully explain the policy in detail and why he/she is recommending this for you - e.g., Is the policy a Variable UL or an Index UL? What's the blend on the policy, i.e., what's the base amount and the term portion that brings the total to $500K. Is it all base or is it, in fact, blended? What is your ACTUAL cost of insurance (COI)? It's not $194. Part of that $194 is cost of insurance; part is premium load, and part goes into your allocated subaccounts if its a
 
 

Does World Financial Group Offer Health Insurance Within The Company?

I was recently recruited, but need a job with health benefits for my family......


Answer: They likely offer health insurance, along with other types of insurance like life insurance. But you would be self employed, so it would be up to you to provide your own health insurance.

My sister has been into that for a number of years, but more in the financial adviser end. She always was a straight A student, and she retired from her regular job early, so she had plenty of time to learn all about it.

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AAA Keeps Sending Me Collection Letters And I Do Not Owe Them. Who Do I Complain To In The Insurance World?

I cancelled my insurance before it was due and AAA took the money out of my checking anyway but I complained and AAA sent me a check back and now I keep getting collection letters from them. I've sent a personal response to the Group Manager with no response from him. Who do I complain to besides the BBB?


Answer: Go to the AAA office in person. Don't leave till you get satisfaction. Be polite but not friendly.

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Can World Financial Group Agents Open Their Own Agency?

I have joined WFG for over 2 months now and I am in the process of getting my Life&Health license. As some of you may know WFG wants their agents to recruit and someday start their own branch. I don't really like to recruit or be a door knocker, so my question is after getting my license can I start my own insurance agency with no affiliation with WFG, although I am getting my license thru them? How would the commissions work in this case?


Answer: hmmm... i was a WFG member. If you don't like to recruit, then it's hard for you to make money. The guideline is 3-3-30 and TTT90 (was used in the WFG - World Team) is the requirement for you to have a higher commission rate. While the (WFG - Financial Division) maybe using the similar promotion guideline, and yet, without recruiting, you just stay at 25% of annual target premium commission.

Just so let you know, if you join different company like i do, you can get all the way up to 115%, and extra bonus, tickets and all perks. Without recruiting at all. However, you are allowed to recruit, only if you want to. Contact me if you want more info about it.

And to help

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My Friend Asked Me To Join World Financial Group?

my friend asked me to join WFG(world finance group), shall I ? I will start out as an advisor perhaps with at least 1 certificate, so I have to get certificate before joining the group. I believe doing this job requires a good interpersonal relationship and there is no base salery. But, I only have some friends and most of them bought insurance already.. Should I give it a try?


Answer: World Financial Group (WFG) is a financial services marketing organization based in Duluth, Georgia, USA. WFG markets various investment, insurance, and mortgage products through its network of associates in the United States of America, and Canada. WFG is a wholly owned subsidiary of The AEGON Group.[1]

In the United States of America WFG's insurance and mortgage lines of business are managed directly by WFG, while its investment lines of business are managed by its affiliate broker-dealer World Group Securities, Inc. WFG's American head office is located in Duluth, Georgia.

A Money Magazine report generally critical towards Humphrey and WMA was published in 2000.[4]

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