insurance agent - Anonymous employee Velapoint Employee Review

1.0
Sep 19, 2016
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

they are really good liars

Cons

This is a HORRIBLE company, they completely scam agents out of commissions and lie to get agents to work for them for open enrollment telling you that you'll make thousands of dollars when really they pay pennies for commission. Even though I was one of the top performers during open enrollment during 2015, my commission check was $1200. Before joining Velapoint I was shown commission examples that made me believe I would make around $50,000 during open enrollment. This company is a complete SCAM and the management will lie right to your face. If you ask them about the reviews on glassdoor.com they will say that some agents just couldn't sell...TOTAL LIE. I sold almost 700 policies during open enrollment and they DID NOT PAY COMMISSION AT ALL!!! They purposely have a complex pay plan so they can cheat agents out of commissions. I was forced to find a job that would pay better because Velapoint literally pays pennies for policies that you sell. What Jessie Hillman is doing to agents is illegal and she should be brought to justice. You will work your butt off during open enrollment thinking you will be paid fairly for your work and THEY KEEP THE MONEY AND POLICIES ON THEIR BOOKS AND PAY AGENTS NOTHING!! They completely lie to you about how much money you will make...I had two paychecks that were less than $500 and I was selling A LOT of policies. I have even reported Velapoint to the Insurance Commissioner so they are aware of what they are doing. DO NOT WORK FOR THESE SCAMMERS!

Explore other reviews about Velapoint

5.0
Feb 14, 2025
Recommend
CEO approval
Business outlook

Pros

great equipment and training and supervisors

Cons

none at this time available

4.0
May 2, 2025
Recommend
CEO approval
Business outlook

Pros

Base pay for a sales job, Good culture and training, actual follow the values they preach - we don't defraud people like some agencies I've seen.

Cons

Pay has gone WAY down since being acquired by Allstate

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