GET THE BLUEPRINT FOR SUCCESS

We believe in LIVING A LIMITLESS L.I.F.E for ourselves and the people we serve

12 months of unlimited access to over $5,000+ worth of workshops, our team members only.

Access to all 12+ of our Money Magnet training, workshops and bonuses.

WANT TO BE A MONET MAGNET?

Before applying please review our most common questions on becoming part of The Money Magnet Team below...

💰 Want to be a Money Magnet?

Before applying, please read more about Steven Russell Sr. & Associates, as well as some of our most common questions on becoming part of The Money Magnet Team below...

☎ Who are Steven Russell Sr. & Associates?

We are a dynamic group of Final Expense Sales Professionals committed to providing our community with the peace of mind they deserve by providing affordable final expense plans based on their age, health, and budget. We cover people from 30 days of age to the age of 85. Our team name is The Money Magnets!

📝 What is Final Expense Life Insurance?

Final expense insurance is a type of whole life insurance designed to cover medical bills and end-of-life expenses such as a funeral or cremation when you pass. Final expense insurance is popular with seniors and is also known as burial or funeral expense.

🎯 How many carriers do you offer?

Here are just a few reasons why we write for one carrier. We write for “The Leader in Final Expense”! With over $8 BILLION of insurance in force, we sell Final Expense insurance than any other company in America! With 50 plus years of industry experience, we have streamlined the process with a simple 1-page application, same-day pay, extremely liberal underwriting guidelines, health/dental benefits for eligible agents, residual income, all inclusive company paid incentive trips, and an in-house lead program. 

🚀 What type of experience do I require to be a Money Magnet?

Zero…We have people on our team with diverse backgrounds (e.g. water plant engineers, business owners, law enforcement, etc.): Regardless of your background, experience, education, etc., we will train you to be a top Final Expense agent. HOWEVER, our most successful agents possess the following attributes:

• Self-directed
• Optimistic attitude
• Solid work ethic
• Coachable
• Flexible

📣Is a life insurance license required for this position?

Yes, a life license is required. Many of our agents are licensed in multiple states. However, if you do not already have your license, we will walk you through the steps of what’s required to obtain one. Each state has different requirements, but we will direct you to meet your pre-licensing education with an online provider.

💵 What is the average agent make the first year?

Any producing agent makes is significantly contingent upon how much time they are willing to commit to working in the field. On average, a producing agent working 40 to 50 hours a week can average $500/ day.  

💲Do we offer residual income?

The new agent contracts pay residual income for 10 years. The management contracts pay lifetime renewals. In other words, you will get paid year after year as long as the client keeps the policy in force. We also get what is called a PAYTHROUGH. A PAYTHROUGH is a monthly deposit based on your AS EARNED commission. This is in addition to your daily commission, and any management overrides you may have. Many people are surprised and excited to learn that our company starts paying once your clients make their 2nd premium payment. Unlike with most companies in which the waiting period is a whole 9 months. 

🤝🏾How do I obtain leads?

We provide leads through our Lead Financing Program, in which we give you leads up-front at ZERO cost you. This is how it works: Once you give a policy to a client, we will withhold a percentage of your commission to cover your lead balance. If you do not have a lead balance, then a percentage is not withheld. There is no finance or service charge for the leads. By charging for leads, we put you in front of your ideal potential clients. We have English and Spanish leads.

💲How much will the leads cost me?

Lead costs vary depending on the state and by the type of lead (direct mail, television, online, etc.). The average cost is between $15 to $45 per lead, depending on the kind of lead you are working on. Keep in mind: You do not pay for the charges up front! We will finance the leads for you!!!

💳Do you have chargebacks?

Yes, like All insurance companies, we have chargebacks. Unlike most companies, if the client cancels within their first year, we finance the charges. For example, if you owe $1,500 in chargebacks, we WILL NOT withhold all your commission until the money is paid as most companies do. We will withhold a small percentage so that you may continue to receive commissions while your chargeback balance reduces.

💻How will I get training?

You will receive training from our online Money Magnets Program as well as field training (depending on your location). You will also receive ongoing training from a local field agency to help you understand the market, the product, and how to make your sales presentation. The process couldn't be more straightforward. So no matter where you're coming from in life, we'll do everything we can to make sure you have the necessary tools for success. 

🔗Are you a Captive Agency?

Yes. We invest a generous about of money and other resources into our in-house lead program. As a result, we require our agents to sell final expense policies with our company EXCLUSIVELY. However, if you are currently appointed with another company, we do not typically ask you to end the appointment. 

🤝🏾How are Money Magnet team members selected?

Please complete the application form to become part of Steven Russell Sr. & Associates. You will then go through the application process and be matched with a team lead for a 15-minute phone interview.

💰 How do I become a Money Magnet?

To become a Money Magnet team member with Steven Russell Sr. & Associates, you must have a life insurance license. 

📅 How long does the application process take?

This varies, but you can expect to be contacted within 3 days, and the onboarding process takes 1-2 weeks.

❓ Questions: Please reach out to  with any questions: [email protected]

If you made it this far, you are our type of people. Now take the next step and complete the short online application.

ABOUT US

STEVEN RUSSELL SR. & ASSOCIATES

A One-Stop Final Expense Insurance Solution

With the Largest and Leading Final Expense Company in the NATION, our Licensed Agents are dedicated to not just selling BUT serving our clients and the community.

THE MONEY MAGNETS

Our mission and values are that we have the unique freedom to do business differently from most life insurance companies and teams. We choose to do business differently and use The Blueprint to Success as key to LIVE A LIMITLESS L.I.F.E

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