Experior Financial Group review for agents: contracting, pay, release terms and leads

Experior's public agreement lists monthly back office fees by level. Current lead pricing and purchase requirements are not published.

You apply online, interview with an Experior leader and contract through Experior. If a prior IMO or managing general agency (MGA) has covenants, Experior's agreement requires a resignation before you submit an insurer contract. You can be paid directly by the carrier, or as a License Only Agent (LOA), whose commissions Experior collects and passes on.

Recruiting is optional. Agency Builders receive overrides on all product lines, and promotions are earned through personal production and team production.

Experior's agreement says it grants permission to accept contracts with carriers it is appointed by, and the carrier has final approval. Brand-new agents start at 70%, and prior experience may start you higher. Levels climb in six steps, from FA at the start to ED+ at the top, which has three tiers.

Levels are a share of a carrier factor. On the Nationwide indexed universal life (IUL) Accumulator II schedule effective June 2, 2026, the factor is 77%, so the 70% starting level pays 53.90% and the top tier pays 100.10%.

Experior says it processes commissions with twice-weekly payments.

Experior says a License Only Agent (LOA) who leaves takes the book, commissions and renewals included. A lien can still apply until any debt is paid.

The LOA designation routes commissions and limits chargeback roll-up between carriers. The agreement treats chargebacks as debts repayable on demand. After 30 days from written notice, Experior may apply 6% annual interest and use third party collections with costs charged to the associate.

Experior may withhold 1% of your income over the last 24 months (at least $500), and may place a lien on the book until debt is satisfied.

Lines include life, final expense, ACA and health, annuities, critical illness, disability and long-term care, with investment products for agents holding a Series 65. The partners page names North American, Americo, Nationwide, National Life, F&G, Corebridge and Augustar.

An April 4, 2023 Experior article says agents should not be paying more than $30 for fresh exclusive leads that are never resold in a 50 mile radius. Its proprietary CRM comes with the Experior Back Office.

Those monthly fees come from Experior's public agreement, and applicable taxes are added.

Every licensed agent gets HPN University training, with workshops, webinars and mentorship. There is no cost to register.

Experior says promotions are earned through personal production and team production, and its back office tracks progress.

After the interview you submit licenses and documents, pick carrier partners and write through Experior quoting tools and carrier portals. The agreement assigns licensing and additional state licensing costs to the associate. It requires E&O from an approved provider and the associate pays that cost.

The group E&O program offers two coverage options, with one-time premiums of $325 or $563 for new agents and $410 or $725 for experienced agents.

Experior is privately held and sits within Associate Owners Group. Its owners include the founders, some agents, long-tenured staff and executives.

Results vary, and its testimonials and examples are exceptional results not meant to represent or guarantee similar results. It publishes no typical earnings after expenses.

What contract level do new Experior agents start at?

Brand-new agents start at 70%. Agents with prior experience may start higher.

Do I keep my book if I leave Experior?

An LOA agent's book, commissions and renewals transfer with the agent on termination. Experior says its agreement provides immediate release upon request when no chargebacks or debt are owing. The release fee and letter timing are not published.

What is an LOA at Experior?

A License Only Agent is paid through Experior, which collects the commissions and passes them on. The LOA route limits chargeback roll-up, and Experior says LOAs own their book. It makes no matching book claim for agents paid directly by the carrier.

Do I have to recruit at Experior?

No. Recruiting is optional, and overrides go to Agency Builders.

What does it cost to join Experior?

There is no cost to register. The public agreement lists monthly back office fees by contract level and includes CRM for licensed associates.

Vendors change their pricing all the time and they don't email us when they do. So if you see a price on here that's gone up, a plan Experior Financial Group quit selling or a contract term that reads different now, let us know and send the link to the page where Experior Financial Group has it. Somebody here pulls up that page and checks it before we change anything on ours.