Complaint Review: Lincoln Heritage Life Insurance Company

Lincoln Heritage offers funeral advantage LIfe Insurance.  Prices are way high, they court new agents and misrepresent income, paythru acct, chargebacks and avoid telling you about the high dropout rate.  You will have very high expenses, very high cost for leads $25 to $37 per lead and they want you to purchase at least 20 per wk.  Misrepresentation of total sales and incomes.  They also want you to pay back all commissions earned when you leave.  Run from this company.  They make money from unsuspecting agents who carry all of the expenses for the company customer contacts, sales expenses for travel, etc and then get ripped off on their pay.  The paythru account takes 25% off the top of all commissions earned before you get paid, yet they will send you a 1099 that has total earnings including the deductions for paythru so you pay taxes on money not recieved.  You have to figure all the numbers out yourself which your pay winds up actually about half of what they send to the IRS as your earned income on a 1099.  You will not recieve the paythru account back, the managers pocket all you should have earned.  This company preys upon the trusting job seekers looking to make an average living.