- 15,319
I disagree. I've NEVER had a FE chargeback.
Why would I need to set aside anything?
Rick
How Much Do You Average in Commissions Per Week?
- Thread starter whitealchemist
- Start date
I disagree. I've NEVER had a FE chargeback.
Why would I need to set aside anything?
Rick
- 11,280
You could set aside 30% or 80%. It doesn't really matter. It all works out the same for you...
BURIAL INSURANCE MAN
Expert
- 56
I always use 20% lapse and nt. 2500 written means 2000 paid.
When I was really writing(12k-17k) per month it was 30%.
Now if I really think they do not want it or they are too
hard to close I let it go. That has reduced my chargebacks
but I also write a lot less biz. I also work about one third the
number of leads I used to work.
When I was really writing(12k-17k) per month it was 30%.
Now if I really think they do not want it or they are too
hard to close I let it go. That has reduced my chargebacks
but I also write a lot less biz. I also work about one third the
number of leads I used to work.
If an agent will actually put that 30% back and not touch it except to cover CBs, OK.. Most agents won't.
Kinda like final expense clients failing to plan
Is this post jd approved? Lol
I doubt it.. Don't think JD approves of much of anything I say or do..
Some would consider that an "inner circle"
- 30,529
I doubt it.. Don't think JD approves of much of anything I say or do..
How can you live with yourself?
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