Yes, I have 0 lead costs. Many agents fit this profile. CALTC also has 0 lead costs I imagine too.
However, I thought you stated experienced agents also join LTCFP and because it is a Partnership the agents share in each other's profits.
So, again...an agent places $500,000 in premium. LTCFP pays 60%, correct, because it is all self generated business and no training is required. What I would like to know is how much is the agent's partnership dividend at the end of year 1 for being a partner and contributing $500,000 to LTCFP?
Irena, can you assist with a firm answer?
Thanks.
the profit sharing numbers are ridiculously low, jack.
they work out to be about 1% of your book each year.