BYSIS pros and cons

Aug 7, 2007

  1. Winter_123
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    Winter_123 Guru

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    Bysis is a general agency that is often recommended in discussion groups. Anyone here have long term or shorter term experience with them? What are their strengths and weaknesses. I know that at the high end of production, some producers always find a better payout somewhere, but in general, how good or bad are they all around for life and annuities support and payout. I know it all depends etc, etc, but you get the drift.

    Thanks.

    Winter
     
  2. bluemarlin08
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    bluemarlin08 Guru

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    I have used them before, they are fair. They contacted me recently wanting to know what they could do to get more of business, I told them what I was earning on a few carriers and that I was getting annualization. They don't annualize and wouldn't match my comp.
     
  3. JRoot
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    JRoot Guru

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    I've sold a few DI policies through Bysis that I couldn't write through the companies I'm appointed with and had a fine experience. I received my quotes promptly and appointment paperwork processed quickly as well. As far as payouts, I get higher payouts for life elsewhere. So far so good though, but I've only had 2 experiences.
     
    JRoot, Aug 7, 2007
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  4. Winter_123
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    Winter_123 Guru

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    What does annualize mean in this instance. You mean advance or?

    Thanks.

    Winter
     
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