Are you thinking about joining The Leazer Group to sell life insurance?

If you’re curious to see how working with The Leazer Group might impact your insurance career, you’ve found the right article.

I’ll share how The Leazer Group works so you can decide if it’s a good fit for you.

Let’s get started!

PS: Learn more about other insurance sales career options in my review article here.

Quick Navigation Article Links

• • About

• • Products Sold

• • Commissions

• • Leads

• • Scam?

• • My Thoughts

• • Summary

About The Leazer Group

The Leazer Group is not the most well-known insurance provider, but they have a range of services for those that need life insurance coverage, mortgage protection, and more.

The founder of The Leazer Group is Art Leazer. He comes from a long background in the multi-level marketing business, specifically Amway.

He also was at one point part of the National Agents Alliance, which is a well-known insurance IMO.

Products

Here’s a listing of the products that The Leazer Group sells.

Term life insurance

Over a set period of time, TheLeazer Group’s term life insurance products will pay out to your clients (not to their hospital), to make sure that their family has the funds that they need in case of an emergency.

Whole life insurance

Whole life insurance protects your clients for their lifetime, ensuring that their family gets the agreed-upon premiums and the financial proceeds they accrue over time.

These policies are generally free of income taxes, but as a Leazer Group financial advisor or agent, you will inform them on the specifics to make sure they understand how whole life insurance works.

Indexed universal life

Indexed universal life plans are flexible enough to guarantee protection with a death benefit and tax-deferred growth on clients’ investments.

As an agent, you will offer clients options when setting up waivers, riders, and premium options. Tax-free withdrawals on retirement income and policy loans are other options available in these plans.

Annuities

The Leazer Group’s annuity options provide policyholders with an income stream during their retirement with a guaranteed interest rate on repayments.

Final expense

Final expense coverage gives clients’ families options to soften the financial burden related to their death.

This plan is designed to make sure that their family doesn’t have to empty its savings account to pay unexpected costs after your client’s death.

Mortgage protection

When disability, employment, or death causes a family economic strife, they may lose the family home if they’re unable to pay off the mortgage and associated costs without your client’s income.

As a Leazer Group advisor, you will work with clients to make sure their family will have mortgage protection coverage for their mortgage expenses even after your client’s death.

How You Find Prospects

The Leazer Group Insurance life insurance lead resources to its agents, with protected territories and customized mortgage protection direct mailings to keep you in the loop of your most valuable prospects.

They also offer a training program, which includes webinars, sales and leadership conferences, and conference calls to help you improve your selling system.

Commissions

The Leazer Group pays based on performance and is 100% straight commission.

Starting commission levels vary, depending on the Leazer Group recruiter.

We have heard agents have commission levels between 60% and 80%.

Is Leazer Group Insurance A Scam?

https://www.youtube.com/watch?v=vfQiJ8Db6xo&t=218s

Leazer Group is one of the newer insurance firms around, and have reviewed as an insurance MLM.

My Thoughts

Now that you know a little bit more about The Leazer Group, I’d like to provide my perspective.

Just so you know a little bit about my background:

I have sold final expense insurance since 2011 and have run a national insurance agency since 2013 specializing in final expense, Medicare Advantage, as well as annuities.

Lower Commissions Than Other Organizations

As is very common in the insurance business, a lot of organizations pay significantly less commission than others.

In the case of The Leazer Group, their commission payouts are lower than other organizations.

While commission isn’t everything, it does make a big difference. The more your commission rate is, the more take-home you make on each individual sale.

Emphasis On Recruiting

Like a lot of insurance organizations, The Leazer Group does put an emphasis on recruiting insurance agents.

For example, many organizations encourage new recruits to actively begin recruiting their close family and friends.

This need to bring contacts to the table often overrides the virtues of building an agency, creating passive income, and increasing their overall welfare in the business.

The problem with that thought process is it’s very difficult to train somebody when you have no experience yourself.

Inadvertently, many of these organizations that follow this process have a high attrition rate, with many agents quitting well in advance before they could get started. Simply because opportunities weren’t there.

So be mindful of that before joining The Leazer Group or any other organization.

Ask yourself how important it is to recruit versus learning how to sell. Make your judgment based off of what matters most to you.

Summary

Bottom line, The Leazer Group is a great organization and is perfect for the right agent. Regardless of which organization you decide to join, always do your due diligence first.

While there are great organizations out there, no organization is perfect for everyone. What one person may find is a perfect match, another may find as being the worst match possible.

You can learn more about how my national agency works to help agents become top producers in final expense, Medicare, and annuities here.

Also check out my many Agent Success Stories in addition to my top-reviewed insurance sales books.

Resources

• • The Leazer Group Employee Reviews

• • The Leazer Group – Services