- 619
Does anyone know of a Med Supp Co that does direct bill by the month ?
Direct Bill
- Thread starter Insuranceman
- Start date
What would be the name of those companies that offer medicare supplement direct billing? Do you offer a 30% percent contract 
with a 36 month advance, with free leads and the client has the check waiting for me?
with a 36 month advance, with free leads and the client has the check waiting for me?- 7,066
Typically if the new client wants to pay monthly, bank draft is pretty much the only option today. Companies will direct bill for an annual payment.
I would not want to sell a policy that is monthly direct bill. That type of policy is going to have the worst persistency. Renewals are the life blood of this industry.
The objection that they don't want their bank to automatically make the payment each month is very easy to overcome.
I would not want to sell a policy that is monthly direct bill. That type of policy is going to have the worst persistency. Renewals are the life blood of this industry.
The objection that they don't want their bank to automatically make the payment each month is very easy to overcome.
- 7,066
I realized that as soon as I hit the "send" button.
Some days I guess I take all of this too seriously.
Frank, don't mess up this time, come on can't you do anything right!!!
Well if you don't offer a 30% contract, 36 month advance, preset appointments at no charge, prospects that have their checkbook open waiting on me then I wont work with you.
Oh, by the way I have a 10K vector balance but I know that won't be a problem right?? I have a 30% persistency rating but that isn't my fault,, I am a really good agent!!....
Well if you don't offer a 30% contract, 36 month advance, preset appointments at no charge, prospects that have their checkbook open waiting on me then I wont work with you.
Oh, by the way I have a 10K vector balance but I know that won't be a problem right?? I have a 30% persistency rating but that isn't my fault,, I am a really good agent!!....
I realized that as soon as I hit the "send" button.
Some days I guess I take all of this too seriously.
- 7,066
Frank, don't mess up this time, come on can't you do anything right!!!
Well if you don't offer a 30% contract, 36 month advance, preset appointments at no charge, prospects that have their checkbook open waiting on me then I wont work with you.
Oh, by the way I have a 10K vector balance but I know that won't be a problem right?? I have a 30% persistency rating but that isn't my fault,, I am a really good agent!!....
If you are willing to settle for a 30% contract and only a 36 month advance I'll pick up your vector balance.
With that kind of awesome persistency I'll make at least that much money off of you in the first six months. (Do you want a hit on this before I put it out?)
The answer to your question is yes there are, but you need to know if you do direct bill, you will be paid as-earned, not advanced, if that is a big deal to you.
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