Cash for Renewals!!

[limitless84]

I'm am currently a captive agent and looking to go into a different direction on my own. I am looking for a company that specializes in purchasing vested renewals. All my book is cancer, heart, accident policies with a bit of life. Does anyone know of some good companies that would be interested in buying commissions?

 

[keith48]

I used Access Capital Group a couple of years ago to purchase my renewals with one of my companies. I was very well pleased with them. Contact info is below. If you want more details you can email me at murrayinsurance at Gmail dot com. Contact : David L. Emerton, President ACCESS*Capital Group, LLC P.O. Box 31027 Omaha, NE 68131 800-560-2872, Ext. #1003 866-722-1602 (fax) [email protected]

 

[limitless84]

I used Access Capital Group a couple of years ago to purchase my renewals with one of my companies. I was very well pleased with them. Contact info is below. If you want more details you can email me at murrayinsurance at Gmail dot com. Contact : David L. Emerton, President ACCESS*Capital Group, LLC P.O. Box 31027 Omaha, NE 68131 800-560-2872, Ext. #1003 866-722-1602 (fax) [email protected]

I'm currently talking to them, I'm looking for something they cannot offer. Anyone else?

 

[Josh]

I might be missing something here, but why would you want to sell your renewals? Usually what someone would be willing to pay (be it a company or another individual) is going to be much less than the would be seller considers a "fair" offer.

 

[rousemark]

What captive company vests renewals so they can be sold?

 

[+zeek13]

Selling renewal income will only give you a temporary boost. In the long run you will lose money. A

 

[limitless84]

Guys I understand all the consequences, I am just asking if y'all have heard of any other companies that do this?

 

[+zeek13]

Not familiar with any of these cos. Remember you have to get the insurance cos to agree to assign commission income. Most cos that I represent will not do this. There have been cos in past that bought LTC renewals. Bad for business Many service problems

 

[limitless84]

My company is ok with assigning renewals.

 

[+zeek13]

Well then Good luck