the numbers were for the case in which policyholder pays premiums on a monthly basis. so we calculate the "annualized premium" for that policy and the commission will be 70% of that. what if the policyholder pays the premium on an annual basis? when he pays 1000$ each year, then how much will be the commission? and when it will be paid? what is the answer for advanced/as earned ?
If the policy owner paid a full years' premium in one transaction, would the agent not have to worry about a charge back...that they're free to spend that money however they please?
So after one year of a client paying, the producer can essentially relax and not have to worry about a charge back on that particular client?? @@cballseo
I am trying to learn a little more about the ye coaching program you provide. I can’t seem to be able to reach anyone through the website. How can I reach someone to ask a few questions?
Super informative!
What is the most ideal set up for a new producer to get paid? Naturally they all have their pros and cons- what is preferred though?
What is the best lead source for BC Canada.
the numbers were for the case in which policyholder pays premiums on a monthly basis. so we calculate the "annualized premium" for that policy and the commission will be 70% of that. what if the policyholder pays the premium on an annual basis? when he pays 1000$ each year, then how much will be the commission? and when it will be paid? what is the answer for advanced/as earned ?
and what if the policyholder pays the premium in a lump sum?
How can I become an agent for you all?
If the policy owner paid a full years' premium in one transaction, would the agent not have to worry about a charge back...that they're free to spend that money however they please?
You are correct!
So after one year of a client paying, the producer can essentially relax and not have to worry about a charge back on that particular client?? @@cballseo
I am trying to learn a little more about the ye coaching program you provide. I can’t seem to be able to reach anyone through the website. How can I reach someone to ask a few questions?
Thanks for reaching out. Please connect directly with Adam at Adam.Steffen@lifeinsuranceacademy.org and he’ll get you taken care of.