I am looking to sign on with a new insurance firm (final expense only specifically),

I am looking to sign on with a new insurance firm (final expense only specifically), the non compete agreement seems extremely broad and unenforceable. It is based out of missouri courts, and I will be working in florida, the firm handles something like 42 states. I have found it odd that I would need to pay 300 a month for access to systems, information and to obtain leads and prospects, yet the agreement clearly states that for 12 months after leaving I would not be able to sell any form of over the phone life insurance (regardless of product, all life policies and types included) and I would not be able to perform telesales in the entire 50 states or territories. Essentially it also forces me to say that the agreement will not create a situation where I am unable to make a living, but essentially bars me from the entire industry upon leaving. On top of that by me having to pay the company 300 a month for access to systems, tech, training it does not seem there is consideration on the part of the company, and my privilege of giving them extra money is certainly odd, as I am paying for this, would it not essentially be mine to freely use as I see fit if I were no longer with the company? This agreement seems unenforceable through the missouri court system, but I'm looking for advice before I sign. If I did choose to open my own agency or move to a competitor this would definitely come into play. I am deeply concerned, as an IC 1099 paying for my own access and funding my own

0 answers  |  asked Mar 15, 2018 11:55 AM [EST]  |  applies to Florida

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