Charge Back for Death or Lapse

[myinsurebiz]

That's exactly right. They just don't write on there that it is earned commissions that are charged back at 25% and unearned is 100%, just like the monkey said to begin with.

Ha - dude - that is what I said . . .

myinsurebiz said: ↑
LOL. Todd - if you take a 6 month advance and the client only pays 3 months - they most def clawback the 3 unearned months.

Once again, sorry that your contract isn't like most others. I can prove what I say, can you? (see the attachment).

 

[Todd King]

Ha - dude - that is what I said . . .

myinsurebiz said: ↑
LOL. Todd - if you take a 6 month advance and the client only pays 3 months - they most def clawback the 3 unearned months.

Once again, sorry that your contract isn't like most others. I can prove what I say, can you? (see the attachment).

I only had time to give one person credit for good info.

 

[goillini52]

I only had time to give one person credit for good info.

You gave credit to the right person. While we both said the same thing, I said it better.

 

[myinsurebiz]

You gave credit to the right person. While we both said the same thing, I said it better.

bahahahahahaha

 

[mudhound]

went as earned years ago. BEST move i ever made

 

[Baseball7]

Just got another first year death on AIG, sure wonder if as earned is what I should go back to on all GI.

 

[rousemark]

Just got another first year death on AIG, sure wonder if as earned is what I should go back to on all GI.

Won't make a lot of difference.. First year deaths on most GI is going to be a 100% charge back of all commissions paid.. as earned or advance.