Cash W. App or Draft 1st Premium?

Do you collect the First premium or have it drafted?

  • Draft

    Votes: 24 82.8%
  • Collect

    Votes: 5 17.2%

  • Total voters
    29
The only reason yours may differ is because you sell a crappy overpriced product. I have drafted all but 1 policy in the 4 years I have been doing this and rarely if ever have had a not taken.:cool:

And since I don't roll my own business he doesn't know what he is talking about anyway. I must have replaced his business? That's odd since he really doesn't do any business.:laugh:
 
Does anybody else notice a difference in their placement rate based on collecting or drafting the first premium? I can't say that I have.

Well everything I've ever had drafted had placed and stuck so far. I'm still waiting on the one I had to send in a real check on.

So 100% placement on drafts.
 
I almost always ask for a check. I seldom write FE, mostly term and larger UL type plans, so it may be a somewhat different philosophy.
 
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