The Advisors Edge Podcast

Ep 014 - Financial Advisors: The Insurance Industry is a SCAM? The Hard Truth No One Talks About - feat. Steve Zeiger and Barry Flagg

Rob Jacomen & Chad Ramberg Season 1 Episode 14

The insurance industry is actively fighting against transparency.

They lobby against client protections, hide critical data, and push policies that no one understands—and most agents don't even realize they're part of the problem.

But today, we're pulling back the curtain.

What you’ll learn in this episode:
✅ The dirty little secret insurance companies don’t want you to know.
✅ How 95% of agents are unknowingly selling overpriced, bad-fit policies.
✅ Why brokers who don’t evolve will be obsolete in the next 5 years.
✅ The one question that exposes the flaws in any life insurance policy.

This will make a lot of insurance professionals uncomfortable. But if you care about doing right by your clients, you need to hear this.

💬 Drop a comment below: Do you think the industry is broken beyond repair?

⚠️ If you’re an agent, broker, or financial advisor—this episode will change how you see your business.

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About our Guests:👇


Connect with Steve Zeiger, Managing Director,
KB Financial Companies, LLC:
LinkedIn:  https://www.linkedin.com/in/stevenzeiger/
Website:  http://www.kbfinancialcompanies.com/

Connect with Barry Flagg, CFP®, CLU, ChFC, GFS®, AEP®
Veralytic:
LinkedIn:  https://www.linkedin.com/in/barrydflagg/
Website:  http://veralytic.com/


Follow Us:👇


Advisors Edge Podcast:  https://www.linkedin.com/company/the-advisors-edge-podcast/

Rob Jacomen:  https://www.linkedin.com/in/rob-jacomen/ 
Founder, Alchemy Content Lab & Nichebuilders

Chad Ramberg:  https://www.linkedin.com/in/chad-ramberg-71278533/
President, Box Professional Insurance

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Special thanks to Box Professional Insurance for sponsoring our show—because great leaders have a backup plan they can depend on.

Box Professional specializes in helping RIAs protect their businesses with tailored coverage, so you can focus on growing your firm while we handle the risks.

Learn more at https://www.boxproinsurance.com/.  Box Professional Insurance:  Be protected.  Feel empowered.

To Book a Call with Us:  https://calendly.com/d/z3t-b6h-xt5

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Listen to the full episode on your favorite podcast platform and take the first step towards transforming your advisory practice today!

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**DISCLAIMER STATEMENT**
The views and opinions expressed in this podcast are those of the individual speakers and do not necessarily reflect the official policies, positions, or endorsements of any company, organization, or regulatory body.

Steve Zeiger and Barry Flagg are speaking in their capacity as independent professionals and industry experts, sharing their personal insights based on experience and publicly available data. Their statements should not be interpreted as financial, legal, or regulatory advice.

This discussion is for educational and informational purposes only and should not be relied upon as a substitute for independent professional guidance. Listeners and viewers are encouraged to conduct their own due diligence and seek qualified advisors before making any financial or insurance-related decisions.

Any references to specific companies, products, or industry practices are made in good faith for discussion purposes and should not be misconstrued as accusations, guarantees, or definitive statements of fact.

By watching this episode, you acknowledge that the hosts, guests, and production team bear no liability for any actions taken based on the content presented.


People on this episode