What is Hearsay Social?

Hearsay Social is a program that combines marketing and compliance efforts to allow agents to use social media + digital marketing in a single platform. Agents create their own Facebook Business Page + use their existing LinkedIn page to market industry related content to their audience.

Enrollment will be open March 2017 – Watch your email for your invitation to enroll

Program Benefits

Pilot Results

Active users in the pilot are having great success – a 70% lead to appointment conversion rate and 50% appointment to sale conversion rate. While participants aren’t guaranteed leads from this activity, we know that the new lead sources from social media are highly valuable. Ultimately we have found that the user gets out of it what they put into it because agents can post unlimited amounts of content beyond the preapproved library and the tool monitors their activity and flags potential incompliant material.

Training & Support

How the Program Works

How to Join

As we roll this out nationwide, we’ll have a total of 250 seats available and the cost will be $100 per quarter for the agents. Agents have the option to opt out after the close of each quarter.

Process:

  1. If you haven’t already applied for enrollment, you can do so here. If you've already completed the survey, you have applied
  2. Eligible applicants will be notified in early March
  3. Pre-enrollment period begins in mid-March. Our 250 open seats will be first come first served
  4. Onboarding + training begins April 1 for our Q2 session
  5. If our seats are full, stay tuned. We have your application and will invite as seats open up or the program expands in 2017.

FAQs

Why do I have to pay for my use of this program?
Bankers Life covered enrollment fees during the pilot phase of this program, but in our National Rollout, agents must cover the cost of their seat license. We believe the access to the robust marketing content we provide, as well as the opportunity to maximize content on your own, will be highly valuable to the agents in personal branding efforts.

Am I allowed to do paid advertising on social media through Hearsay Social?
Unfortunately, because of legal and compliance restrictions, we are not allowing agents to perform any paid activity on social media.

I’m currently using Hearsay Social for recruiting, do I have to pay now?
Using Hearsay Social for recruiting is still free for recruiters and managers. If you are currently in recruiting and want access to the sales content, you will need to apply for the sales program and pay the $100 fee per quarter. Because the sales program involves a different type of content and higher level of monitoring for content from legal and compliance, we are charging the agents to cover the cost of the seat license. If you are interested in learning more about the social recruiting program, contact Ani Young at A.Young@Banklife.com.

How will I attend training?
Training is offered via a webinar and an on-demand training session. You do not need to travel to attend the session.

Have additional questions about the program? Email SocialMarketing@CNOinc.com

Hearsay Sites

We will be offering a second phase to Hearsay Social - personal agent web pages through the Hearsay platform. We will be offering this pilot to 50 of our 250 agents in Q3. We will offer details about access to that pilot in Q2.