Medicare Supplement Questions

[Frank Stastny]

only 10% for MoO with residuals

Who ever you are contracted through is making a ton of money off of you. You should be getting a whole lot more than that.

Hearing stories like that is why I got involved in helping agents.

 

[Russ]

Your area is definitely more expensive here in FL but you can do better than RNA and Sterling. AARP's "J" plan is $229 for male or female, smoker or non smoker and MoO is 231 for a female "F" plan, which is a lot better than your $100 MA plan.

Just to compare, here in central florida they are $161 and $153 respectively
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I really need to get better commissions though, I only get $150 ONE time for AARP and only 10% for MoO with residuals

I'm up in the panhandle...get $210 for 6 years on each AARP policy w/$157.50 advanced when issued.

Get 16% for 6 years on MoO med-supps and my commissions are low compared to other agents on here. Get a one-year advance when issued.

I feel for you.

 

[Chazm]

Who ever you are contracted through is making a ton of money off of you. You should be getting a whole lot more than that.

Hearing stories like that is why I got involved in helping agents.

Im contracted through great american. I am meeting with someone this week who won't be able to give me training, because he works in P&C, but he said I can use his office to call out of. Im guessing he might want a small percentage but it will be worth it.

I need an office to work out of and right now I drive 1.5 hours to work and this guys office will be about 20 mins.

 

[Frank Stastny]

Im contracted through great american. I am meeting with someone this week who won't be able to give me training, because he works in P&C, but he said I can use his office to call out of. Im guessing he might want a small percentage but it will be worth it.

I need an office to work out of and right now I drive 1.5 hours to work and this guys office will be about 20 mins.

I can't help with an office but the training part is not a problem.

Have you looked closer to home to see if there is someone who may have a small space in their office area that they aren't using that might consider letting you use a desk for a moderate fee? It wouldn't have to be an insurance agent.

 

[Chazm]

I haven't looked into that but that may be a good idea

 

[YouGotMyMoney]

Chazm, I am curious----why do you need/want an office?

 

[Russ]

Chazm, I am curious----why do you need/want an office?

That's what I was thinking. What's wrong with working out of your place of residence? I've done it for 20 years.

 

[Chazm]

I don't have an office out of my place....I could call from my kitchen table but wouldn't I have to have a business name or something? Im not even sure where to start going completeley indy, including getting appointed with companies. How do I find out about getting appointed with not just med supps but life, annuities and LTC?

 

[Frank Stastny]

I don't have an office out of my place....I could call from my kitchen table but wouldn't I have to have a business name or something? Im not even sure where to start going completeley indy, including getting appointed with companies. How do I find out about getting appointed with not just med supps but life, annuities and LTC?

I started at the kitchen table. You don't need a business name, I still don't have one. My "official title", the one I use on my business cards and letter head is "Your Insurance Agent".

If you would like to give me a call I can get you pointed in the right direction and answer a lot of your questions regarding being an independent agent. It is really quite simple and easy and you can get started immediately.

 

[YouGotMyMoney]

For contracts I'd recommend Todd King.

You could work from your kitchen table. Is that a space where you have some peace and quiet?

You don't need a business name. It's purely optional.