
Are you looking for the best life insurance FMO for your business? FMO is short for “field marketing organization,” and you may have heard of an FMO by other names as well. Those include IMO, NMO, BGA… but they basically refer to the same thing.
Partnering with the right life insurance FMO isn’t easy. Depending on what you need, FMOs can vary greatly in life insurance products, sales support, training, marketing programs, potential for higher comp, and other business resources that they offer you as an agent.
Most life insurance FMOs will give you the standard support: access to carriers for life insurance products, carrier and product knowledge, underwriting guidelines, processes to get your business placed, often some tools for faster underwriting and approval, and maybe a life quoting tool.
The key is finding what is the right support for YOU from your life insurance FMO. We will go over a few things to keep in mind when looking for the right partner.