- 4,120
And platinum pays what 15-20% comp?
Americo rates
- Thread starter nfl72
- Start date
- 19,601
KSKJ, Federal, Lifeshield, Standard Life and Casualty.
- 30,544
Do those pay more than 20% commissions? If so, why would anybody sell the Senior Life product?
- 19,601
Do those pay more than 20% commissions? If so, why would anybody sell the Senior Life product?
I don't what SL commissions are. FEX picked them up 3 years ago. No one sold them.
Mainly because their rates were too high. Then they wanted to change the commission grid.
I tried to tell them that SL was junk.
Some lessons are best learned. FEX is no longer contracted with SL.
Do those pay more than 20% commissions? If so, why would anybody sell the Senior Life product?
lifeshield 120% fyc and 9% renewals . Standard I'm at 115% and 8% renewals . Hardly have ever used either to be honest . Standard asks if their on di and lifeshield has strict underwriting . Customer service and agent support was weak at both .
- 30,544
Thanks, but I was being sarcastic.
Will probably write my 1st Lifeshield policy next week.
I BET HE DOESN'T RESPOND TO YOUR QUESTION. IF HE DOES, I'M WILLING TO DOUBLE DOWN YOU WILL NOT GET A DIRECT ANSWER,
Let me make sure I fully grasp this:
*Live-call Transfer TV lead cost...$55
*Premium....$39.51 mo.
*Annualized Production... $474.12
*Commission 20%... $94.82
*Commission Advance 9-mo.... $71.12
*Call Duration (best case scenario)...30-mins
*Gross Profit...$16.72 (before accounting for 20% falling off the books)
Note: Gross Profit assumes a close ratio of 100% from every lead purchased.
Adjusting for 20% charge-backs:
*Commission Advance...$56.90
*Live-call Transfer cost...$55
*Call Duration...30mins
*Gross Profit...$1.90, or $3.80 per hour (ie. restaurant server wages, before tips)
In either scenario, failure to close 1 lead, agent is in the red.
Is my analysis accurate?
I've got no idea. But I do know that I need to reach out to them. I'm tired of making real money.
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