Family First Life (FFL) is a prominent insurance agency known for its approach to selling life insurance and offering a range of financial products. Founded in 2013, the company aims to create a supportive environment for insurance agents and provide them with opportunities for growth and success. With its emphasis on family values and personal development, FFL has garnered attention from both industry professionals and clients.
What is Family First Life?
Family First Life operates as a network of independent insurance agents, offering products from various insurance carriers. The company prides itself on its commitment to a "family-first" philosophy, aiming to build a supportive community where agents can thrive. They offer various products, including life insurance, annuities, and final expense insurance, with a focus on helping clients secure their financial futures.
Pros of Joining Family First Life
1. Generous Compensation Structure
FFL is known for its competitive commission rates and bonus opportunities. Many agents appreciate the company's structure, which allows them to earn a higher percentage of the premiums they collect compared to other agencies.
Quote from a member: "The commission rates at FFL are some of the best in the industry. I feel like my hard work truly pays off." - John D., FFL Agent
2. Strong Support and Training
FFL offers extensive training and support for its agents. From initial onboarding to ongoing education, the company provides resources designed to help agents succeed. This includes mentorship programs, access to experienced leaders, and a wealth of online training materials.
Quote from a member: "The training and support at Family First Life have been invaluable. They really invest in their agents and it shows." - Sarah L., FFL Agent
3. Flexible Work Schedule
As an independent agent, you have the flexibility to set your own hours and work from anywhere. This flexibility can be particularly appealing to those who value work-life balance and autonomy.
Quote from a member: "I love the flexibility that comes with working at FFL. I can set my own schedule and work from home, which is a huge plus for me." - Mike R., FFL Agent
4. Family-Centric Culture
The company promotes a culture that emphasizes family values and work-life balance. This focus on creating a supportive and caring environment is often highlighted by agents as a significant benefit.
Quote from a member: "FFL's family-first approach really resonates with me. It’s nice to work for a company that genuinely cares about its people." - Emily W., FFL Agent
Cons of Joining Family First Life
1. High Expectations and Pressure
Some agents have noted that while the compensation is attractive, the pressure to meet sales targets can be intense. This pressure can sometimes lead to a high-stress environment, especially for those who are new to the industry.
Quote from a member: "The pressure to hit sales goals can be overwhelming at times. It’s not for everyone, especially if you’re just starting out." - Alex T., FFL Agent
2. Self-Employment Challenges
As with many independent contractor roles, there are challenges associated with being self-employed. These include managing your own taxes, expenses, and healthcare. New agents should be prepared for the responsibilities that come with this type of employment.
Quote from a member: "Being self-employed means you have to handle a lot of things on your own. It’s not just about selling insurance—it’s about managing your business." - Jessica B., FFL Agent
3. Market Saturation
Some members have raised concerns about market saturation in certain areas, which can make it more challenging to find new clients and close sales. This is something to consider, especially if you're entering a highly competitive market.
Quote from a member: "In some regions, it feels like the market is pretty saturated. It can be tough to stand out and attract new clients." - Brian K., FFL Agent
4. Commission-Based Income
Since FFL operates on a commission-based income model, there can be periods of financial instability, particularly for new agents. Building a steady client base and achieving consistent sales can take time.
Quote from a member: "The commission-based pay structure means that your income can fluctuate. It took me a while to build up a reliable stream of income." - Laura M., FFL Agent
Conclusion
Family First Life offers a range of opportunities for those interested in a career in insurance sales. With its competitive compensation, strong support system, and family-focused culture, it provides a solid foundation for success. However, it’s important to consider the challenges, such as the pressure to meet sales targets and the responsibilities of self-employment.
For those who thrive in a high-energy, self-driven environment and value flexibility and support, FFL can be a rewarding choice. As with any career decision, it's essential to weigh the pros and cons carefully and assess whether the company’s values and structure align with your personal and professional goals.