[LTPC-disc] Conference Call
Deb McCarthy
ltpc-disc@ltpcalums.com
Tue, 10 Jun 2003 21:34:30 -0400
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IN THE IMMORTAL WORDS OF MPK .....AMEN THIS ONE TOO !
DEB
----- Original Message -----=20
From: Jon Christopher=20
To: ltpc-disc@ltpcalums.com=20
Sent: Tuesday, June 10, 2003 5:53 PM
Subject: [LTPC-disc] Conference Call
Hey Doug,
As I've read and re-read the contract, I don't really see any gray =
area about the vesting schedule. I agree with many of the folks who =
have responded to your message that the company really does have a moral =
issue that should be larger than the ink on the contract, but it is what =
it is.
The largest issue that I see for me personally, which I have discussed =
with numerous agents, and ALL are in agreement, is the right to service =
what we sold. For Progeny to not allow us to service our existing =
clients is absolute stupidity. I also believe that due to promises that =
I have made in the home, that I would be liable to some of these clients =
should that type of ugly legal stuff ever rear it's head. When I first =
heard of this ridiculous policy, I just flat stopped selling, which has =
seriously hurt my personal finances, but at that point I just wanted to =
get as much through the pipeline as possible before the 20th, and then =
move on to bigger & better things.=20
All I really want though is for them to wise up, open their eyes, and =
let us continue to service our clients. It's a win/win situation that =
poses no threat to Progeny, especially if we inform these clients that =
we are no longer employed by LTPC, but now work for XYZ Brokerage, but =
are still the agent of record, and are still the ones to call should =
problems/questions/claims arise from their LTC policy. That's why =
insurance companies pay renewals, so that the agents will help them keep =
the business on the books. DUH! Whoever made the decision to take the =
agents out of the loop must have been dropped on their head when they =
were a baby.
I believe that Progeny's attitude will EXPLODE in their face come =
January of 2005 after the 18 month non-compete agreement is exhausted, =
and EVERY agent goes out and replaces the policies that they sold while =
at LTPC because of Progeny's ignorant attitude. I can't begin to tell =
you of the number of UN-vested agents who are doing that right now. =
What have they got to loose? Had Progeny just vested everyone at some =
level or another, everyone would be happy and just keep servicing a =
block of business that would continue making Progeny money for years to =
come. As it is now, I think that they are going to loose a HUGE amount =
of this business over the next 2 years. =20
I'm lucky enough to be vested, so the only real ITEM that burns me up =
is not being able to service my clients. My whole sales call and =
presentation is based on service & trust, and this really makes me look =
like a liar to many of those who I call not only clients, but friends.
Good luck with your call and if I can be of any assistance to you, =
just let me know.
Jon Christopher
jondc@xmission.com
(801)544-5988
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<DIV><FONT face=3DArial size=3D2>IN THE IMMORTAL WORDS OF MPK .....AMEN =
THIS ONE TOO=20
!</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>DEB</FONT></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Djondc@xmission.com href=3D"mailto:jondc@xmission.com">Jon=20
Christopher</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dltpc-disc@ltpcalums.com=20
href=3D"mailto:ltpc-disc@ltpcalums.com">ltpc-disc@ltpcalums.com</A> =
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, June 10, 2003 =
5:53=20
PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [LTPC-disc] Conference =
Call</DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>Hey Doug,</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>As I've read and re-read the =
contract, I don't=20
really see any gray area about the vesting schedule. I agree =
with many=20
of the folks who have responded to your message that the company =
really=20
does have a moral issue that should be larger than the ink on the =
contract,=20
but it is what it is.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>The largest issue that I see for me =
personally,=20
which I have discussed with numerous agents, and ALL are in agreement, =
is the=20
right to service what we sold. For Progeny to not allow us to =
service=20
our existing clients is absolute stupidity. I also believe that =
due to=20
promises that I have made in the home, that I would be liable to some =
of these=20
clients should that type of ugly legal stuff ever rear it's =
head. When I=20
first heard of this ridiculous policy, I just flat stopped selling, =
which has=20
seriously hurt my personal finances, but at that point I =
just wanted=20
to get as much through the pipeline as possible before the 20th, and =
then move=20
on to bigger & better things. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>All I really want though is for them =
to wise up,=20
open their eyes, and let us continue to service our clients. =
It's a=20
win/win situation that poses no threat to Progeny, especially if =
we=20
inform these clients that we are no longer employed by LTPC, but now =
work for=20
XYZ Brokerage, but are still the agent of record, and are still the =
ones to=20
call should problems/questions/claims arise from their LTC =
policy. =20
That's why insurance companies pay renewals, so that the agents will =
help them=20
keep the business on the books. DUH! Whoever made the =
decision to=20
take the agents out of the loop must have been dropped on their head =
when they=20
were a baby.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I believe that Progeny's attitude =
will EXPLODE in=20
their face come January of 2005 after the 18 month non-compete =
agreement is=20
exhausted, and EVERY agent goes out and replaces the policies that =
they sold=20
while at LTPC because of Progeny's ignorant attitude. I can't =
begin to=20
tell you of the number of UN-vested agents who are doing that right =
now. =20
What have they got to loose? Had Progeny just vested everyone at =
some=20
level or another, everyone would be happy and just keep servicing a =
block of=20
business that would continue making Progeny money for years to =
come. As=20
it is now, I think that they are going to loose a HUGE amount of this =
business=20
over the next 2 years. </FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I'm lucky enough to be vested, so the =
only real=20
ITEM that burns me up is not being able to service my clients. =
My whole=20
sales call and presentation is based on service & trust, and this =
really=20
makes me look like a liar to many of those who I call not only =
clients, but=20
friends.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Good luck with your call and if I can =
be of any=20
assistance to you, just let me know.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Jon Christopher<BR><A=20
=
href=3D"mailto:jondc@xmission.com">jondc@xmission.com</A><BR>(801)544-598=
8</FONT></DIV></BLOCKQUOTE></BODY></HTML>
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