Commission Assignments

[egaluppo]

Hello everyone. I am new to this form and the insurance idustry. To get started I may consider buying a book of business, but I am not quite clear on how the commission assignment works.

Can I purchase just a few policies or do I need to buy the entire book? If I have have someone who wants quick cash, could I just buy his 1st years commissions at a discount?Which department does the carrier have set up to help agents with commission assignments?

Any help that you would be willing to provide would be greatly appreciated. Thanks

 

[padthaiforlunch]

Start by reading the forum. Please rethink buying a book of business to start. First you need to learn the business.

I can't think of a quicker way to lose clients than by showing them what you don't know.