Cash W. App or Draft 1st Premium?
- Thread starter rousemark
- Start date
- Thread starter
- #3
Guess I should have asked which do you do the majority of the time?
- 3,247
Part of my pitch is that we won't even Draft until the 3rd of next Month or the 28th depending on SS... I use to collect a check and set up a draft when I sold Mortgage protection, actually collecting 2 checks but that doesn't work with the FE folks...
I let the client know that we are going to get them approved, and then do the draft on the same day every month, so it gives them time to prepare for it.... I always say that "the one thing that will be consistent is the draft date"...
I let the client know that we are going to get them approved, and then do the draft on the same day every month, so it gives them time to prepare for it.... I always say that "the one thing that will be consistent is the draft date"...
- 5,309
Draft at a later date 95 percent of the time.
- 26,170
Unless I am doing a dump in or the company requires it I draft. Just easier to up load the application and not have to mail a check. It took unlearning picking up a check.
- 781
i always ask for a check, but voided check with a draft date is eaiser.
whatever it takes to help get the sale...
whatever it takes to help get the sale...
- Thread starter
- #8
I know the feeling.. It is the old dogs thing..
- 407
I know the feeling.. It is the old dogs thing..
I felt the same way. When drafting the first premium was introduced, I scoffed, but I was wrong. I was also wrong about that internet thing, I guess it's not just a fad.
