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I've never sold it. What's the average turn time from app submission to get paid. I know it can vary, but what is typical?
I've never sold it. What's the average turn time from app submission to get paid. I know it can vary, but what is typical?
Varies by carrier. Some pay shortly after the first premium is paid (within one week). While others don't pay until the month after the effective date.
I've never sold it. What's the average turn time from app submission to get paid. I know it can vary, but what is typical?
Have the insured pay you in cash. Take out your commission and the send the balance to the carrier.
Have the insured pay you in cash. Take out your commission and the send the balance to the carrier.
Just curious as to why it matters. If it takes a week or a month or until the effective date you will still get paid.
Rick
And get off advanced commissions ASAP.
12% interest on that loan was my inspiration.From Med Supps? What's the hurry to get off of advances?