Getting paid one month commission on med supp?
- Thread starter jack3454
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- #3
Ohh good question...I'll have to inquire about this.
Barring that being true, is there any other reason why I should have only gotten one month payment?
I can't think of any other reason, unless Aetna just doesn't pay advances on that particular policy. Either way, the answer should be in your contract/commission schedule with Aetna.
- 30,523
Check with your FMO to see if you 're as earned or advanced.
That plus the fact that most supp companies only advance nine months with the other three held back and paid as earned.
I think ACE advances 12 months but don't hold me to it. I'm on as earned with all of mine.
- 30,523
Yes, ACE is 12 months.
Sounds like you are new to this. I mean this in a supportive way, but get your hands on your commission schedule, and get familiar with it. I know agents who take one look at the schedule, and put it back down, because it looks confusing.... find your state, find the plan and the age, and see what it pays.
Also, look at the agent contract you filled out. Next time you do one, use CTRL+F, and search for "advance" or "as earned" and find out what youre singing up for.
You will get paid what the contract says you will get paid.
Also, look at the agent contract you filled out. Next time you do one, use CTRL+F, and search for "advance" or "as earned" and find out what youre singing up for.
You will get paid what the contract says you will get paid.
