Just wondering about commission rates

Jun 6, 2019

  1. Travis Price
    Offline

    Travis Price Guru

    Posts:
    344
    Likes Received:
    258
    State:
    Michigan
    I've been listening to Jeff Root and reading his book. I just saved 800 on an ad that didn't post and I think that'll be reinvested in a second website for Term insurance.
     
  2. ltcadviser
    Offline

    ltcadviser Guru

    Posts:
    2,010
    Likes Received:
    149
    Ray, I am north of 100 with everyone —- Banner, American General, Prudential, Lincoln, et al and I don’t have time to write any of it anymore.
     
  3. Tahoe Ray
    Offline

    Tahoe Ray Guru

    Posts:
    2,786
    Likes Received:
    478
    State:
    Nevada
    Is that through the GA that you also write all of your LTC with?
     
    Last edited: Jun 7, 2019
  4. Rob Lion
    Offline

    Rob Lion Guru

    Posts:
    536
    Likes Received:
    310
    State:
    Alaska
    But, Who pays for the APS and does all the case work?
     
  5. Rob Lion
    Offline

    Rob Lion Guru

    Posts:
    536
    Likes Received:
    310
    State:
    Alaska
    80-100% is pretty normal, Foresters non-med goes up to 110%, none of them give renewals though. Majority of the term cases i place are around 1200-1700.
     
  6. Tahoe Ray
    Offline

    Tahoe Ray Guru

    Posts:
    2,786
    Likes Received:
    478
    State:
    Nevada
    I'm sure his GA. Jack is one of the top producers of LTC in the country so I'm sure his GA bends over backwards on all of the ancillary products.

    If somebody produces a huge amount of annuities with me and writes an occasional life case, I'm happy to do the same (as will most brokerages).
     
  7. Rob Lion
    Offline

    Rob Lion Guru

    Posts:
    536
    Likes Received:
    310
    State:
    Alaska
    I was just thinking it's because they don't do anything but provide the contracts. Then again, Jack is the man when it comes to LTC so...
     
  8. Travis Price
    Offline

    Travis Price Guru

    Posts:
    344
    Likes Received:
    258
    State:
    Michigan
    My Medicare site is still a work in progress. So I'm going to continue to flesh it out. There's a lot of time, money, and effort invested and I'm going to let it get to the point of returning before I move to a new project.

    I'm finding, however, my term life niche keywords are exponentially less competitive to rank for..
     
  9. ltcadviser
    Offline

    ltcadviser Guru

    Posts:
    2,010
    Likes Received:
    149
    Yes, same GA. i think i get 115 or 120 on 20 year term, less on 10 year. GA does an excellent job for me on my term cases, but I just don't write that much of it.
     
  10. Tahoe Ray
    Offline

    Tahoe Ray Guru

    Posts:
    2,786
    Likes Received:
    478
    State:
    Nevada
    Yeah...Joe Agent isnt getting those levels on Pru, Banner, or AIG.

    Your GA is hooking you up big, as they should.
     
Loading...
Similar Threads
  1. Lifebga
    Replies:
    15
    Views:
    1,860
  2. lcodilla
    Replies:
    9
    Views:
    462
  3. wfs
    Replies:
    2
    Views:
    344
  4. StarterAgentKG
    Replies:
    16
    Views:
    1,232
  5. billyb
    Replies:
    3
    Views:
    586