If you have that much in chargebacks, you have a business problem beyond licensing and taxation.Seems doable, although if I signed on with an insurance company and start producing good volume under my personal name, then switched it all to the business 6 months later, I would assume that would get tricky because of the chargebacks that will start to roll in.
Meaning I’ll have chargebacks coming in on my personal contract that I won’t be signing any new business to make up for as it’s now running under the business.
Obviously, I’m assuming that’s how it works. Please correct me if I’m wrong. Thanks.
Just write the check and be done with it when they inevitably happen.