Business News
Eric Troutman on Excel Media Podcast:
Life Insurance Agents are on the Train Tracks, and They Don't See the FCC Train Coming
Agents, IMO's, and Carriers Must Watch this Interview if They Want to Get Ahead of What's Coming
Written by: Paul Bloodsworth
March 3, 2024
[5 minute read]
PREMIERE: Sunday, March 3, 2024 at 5:00PM EST
Host
Paul C. Bloodsworth
Licensed Financial Advisor
Lead Generation Consultant
Guest
Eric J. Troutman
Czar of the TCPA
Telecom Attorney
It may not be what you want to hear, but it's what you NEED TO KNOW!!
The final production will be published on the Excel Media website as well as these platforms:
Even I Was Blown Away by the Extent of What's Coming
Well, I was already quite informed on the upcoming changes. However, after having the opportunity to ask questions to the most educated, most experienced attorney in this space, I learned a huge fact:
"It's worse than I thought..."
Let's be clear on one thing: I am NOT opposed to what the FCC is attempting to stop. I, too, will never support the inundation of unwarranted, unwanted phone calls to the unsuspecting public, especially when there's no consent on file.
To know that MANY, MANY agents are about to find themselves caught up in livelihood-threatening lawsuits does NOT please me. I truly wish to bring awareness to the reality of what's coming.
If you'd like to watch our videos that cover the cringe side life insurance practices, I will link a few here:
- Lead Vendors are Screwing Agents. Here's the Proof
- Project 200? Why Would You Ever Do This?
- Kool-Aid Insurance Agents: The Truth on Recruiting
- The Brown Wall: Throwing it Against the Wall, Hoping it Sticks (YT wouldn't monetize this one...)
My Takeaway:
Everyone who is connected to the Life Insurance Industry MUST watch this podcast!!
Thank You to Eric Troutman
Eric is not your typical defense attorney. This guy has represented the biggest of the biggest in the realm of TCPA matters. He's battled in federal courts, and he's created the R.E.A.C.H. organization to help preserve our right to service clientele within the financial industry.
"Although we both agree on the the necessity of lead generation and outreach for financial and life insurance sales, we ALSO both agree that the practice of obtaining and calling leads should remain ETHICAL.
In this interview, you will learn just how much it will cost if you fail to adopt to the new standards of reaching financial clients.
(Spoiler alert: The Plaintiff's Bar is more powerful and aggressive than you've probably heard...)
If this podcast doesn't educate you, it's impossible to claim that you haven't been informed. HUGE THANKS TO ERIC TROUTMAN as well as Troutman Amin, LLP for joining us in the mission to bring awareness of the biggest blow to the lead generation industry to date.
Don't Miss this Highly Anticipated Interview!!
The Life Insurance Industry is inevitably bound for change.
Learn more about Eric and Troutman Amin, LLP.
Check out the links and other media below.
Wrapping Up...
The Life Insurance Industry is about to get rocked by this new FCC ruling. It's predicted that claims will increase dramatically against agents, brokers, IMO's, brokerages, and carriers. A single agent has the potential to trigger a cease and desist order upon an entire organization. New strategies must be developed to offset a forecasted decrease in life insurance production.
Watch our video covering the December 13th FCC Ruling. At the end, we share an interesting analysis and potential forecast on sales based on our survey results from last year. In the survey, we ask life insurance agents and brokers to let us know which lead type provides the bulk of their written business. Do you think this is an indicator of what's upcoming?...
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