I was in an interview for an Allstate agency, and the owner told me that I'd have to pay back all commissions, both as earned and advanced, if the client cancelled their policy within 12 months.
Like even if they paid for 8 months and then cancelled, I'd have to pay back the entire 12 months of commission...
I really do not understand what he meant.
How often do people cancel their policies? I don't see how I could guarantee that they stay insured for 12 months. Is there a way around this?
Like even if they paid for 8 months and then cancelled, I'd have to pay back the entire 12 months of commission...
I really do not understand what he meant.
How often do people cancel their policies? I don't see how I could guarantee that they stay insured for 12 months. Is there a way around this?