History of the Phrase Boiler Room

What is the RX Boiler Room? The phrase boiler room has been used as a nickname for many groups or places. The RX Boiler Room is a high end restaurant with professional alchemists. We strive to serve you the best of what alchemy has to offer. We have food from the land, ocean, and garden. We even offer sweets such as our light almond jocund with layers of orange and raspberry with french buttercream and topped with fresh raspberries and candied almonds.
But our restaurant name isn’t strictly the name of an amazing restaurant, it is also a nickname for an old way of selling life insurance policies. In the context of investments and investing companies , the term “boiler room” refers to the operation of using outfits of high pressure sales tactics to sell stocks to clients who are either cold calling (which is randomly calling someone and trying to sell something over the phone to those who answer) or calling people randomly without a appointment. These people are typically picked out by phone directories. Because of the blow up of cell phone popularity this has gone down a bit, this is because you can no longer buy a yellow and white pages phone book and start calling numbers as you go through everyone in the area.
If you’re speaking to an agent in today’s day and age you are a lot less likely to be speaking to a scammer or a boiler room operator. You should still be wary if you have not looked anywhere or done anything to catch the eye of a broker and randomly receive a call. It is best to know your broker as much as possible. If you request life insurance quotes though, expect a call from a broker or agent so that they can help ensure you receive the best life insurance rates possible.
Back when men worked in the boiler room type operations they often did not have your best interest in mind the way an independent agent does nowadays. Any independent agent who works with you now is gonna do their best to make sure you receive the best life insurance rates possible.
Although our restaurant RX Boiler Room clearly has nothing to do with life insurance quotes or sales and is all about delicious food and drink made by alchemy, we still wanted to share the history of the phrase Boiler Room. We thought the history of the phrase boiler room was an amazing story and lesson for those looking into requisition life insurance quotes.

Post Comment