Just to help clear up some of the confusion, back in May I made the decision to terminate my contract with prior insurance company. During the first few days of May, I turned in my 90 day notice that I after that timeframe I would no longer sell their insurance. On May 5th, just a few days later they accepted my request and terminated my contract that day.
To my prior farmers clients, I am sorry that I did not get a chance to let you know that I would no longer be able to serve your Farmers policies. It was my choice, I did not get fired!
Why did I go independent?
For the past year or so, I started feeling stuck. There were many clients that I wanted to work with, but with the limited products and options that I had available to me through Farmers, the coverage was either too expensive, or I could not even provide the options that my clients were needing. These were people that I personally wante to work with, but couldn’t because of my situation. Therefore I made a decision to terminate my contract and find an opportunity where I could decide who I wanted to work with not who the company wanted.
At that time, I left and went fully independent, which is what my health and medicare supplement clients had benefited from. I had many companies to choose from and finally got away from the “stick everyone in this same box” mode.
Needless to say, it has been much easier to find a solution that works for my clients with the options I have available to me now. I now have over 100 life insurance companies to find a solution from, over 20 auto and or home companies, around 10 health insurance companies, over 20 medicare supplement companies and around 20 companies who provide commercial insurance.
I am happy to say that I am back to being an advisor and not a salesman. I can now find a solution!