Commission

Aug 26, 2008

  1. RTD19701
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    RTD19701 Expert

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    Hello all,

    I have a chance to sign on with a health insurer offering a 20% commision to start as a "street level". Is this a good street level commision, i have heard others offering less and some more. What should I be looking for when I vett various companies. Thanx

    Tim
     
    RTD19701, Aug 26, 2008
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  2. The Rabbi
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    That's about average. Some do 25%. The small ones
     
  3. ijerome
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    How many applications have you turned in? If none, my suggestion is to make sure you can get a release from your GA, take street level and sell. If you can sell, the commissions will take care of themselves. By selling I mean policies that stay on the books. Sell and the commissions and trips and new cars will come. Did I mention that the important thing is to sell?
    :cool:
     
    ijerome, Aug 26, 2008
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  4. joshril
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    I would suggest you start at 20% and work a pay increase based on production into your contract. I offer all my agents this...
     
    joshril, Aug 26, 2008
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  5. Mr supplemental
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    Also look at the renewals. 20% may be OK the first year, but what about years 2-6 and so on.
     
  6. taterpeeler
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    taterpeeler Guru

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    its health insurance... roll roll roll the client .. merrly down the stream... who cares about renewal?...
     
  7. joshril
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    You took the words right out of my mouth...
     
    joshril, Aug 27, 2008
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  8. Guest
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    You can't roll them every year or every renewal, that's a disservice to the client and usually in the best interest of the agent. I'm not saying anyone does that here, just saying so the rookies know.
     
    Guest, Aug 27, 2008
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  9. joshril
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    That's true... you should only move a client if it's in the client's best interest. However, if your goal is to build a life-long renewal stream, health insurance is not your best bet...
     
    joshril, Aug 27, 2008
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  10. taterpeeler
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    i do hoss... your wrong.. but thank you for the comments regarding me being a disservice to my clients... i will tell them that next time they get an increase
     
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