Monumental and Their Univita PHI

[jdeasy]

Re: Monumental and Their Ridiculous Univita PHI

Im embarrassed to say I never even looked at my contract with them.. Im in yr 2 with them right now, and I just checked my statement and Im getting 12% yr 2. Which would probably indicate a big drop off coming. Usually they will spike yr 2 to kill you afterwards.

It's most likely going to 5% after year 2. Should be in the contract.

 

[Rearden]

Remember to factor in the time value of money, ie, inflation effect, on your 10-year commission schedule.

 

[RichMcK]

The AMCON contract I have reads:
1st year, 105
2nd, 11.5
3-5, 6.5
6-10, 2.5
10 year total equals 148

 

[gordon112]

The AMCON contract I have reads:
1st year, 105
2nd, 11.5
3-5, 6.5
6-10, 2.5
10 year total equals 148

Rich is that the commission rates across all life products like the modified and graded?

 

[GoCubsGo]

Rich is that the commission rates across all life products like the modified and graded?

That is the rate for level and graded age 45-80. It drops for older ages and modified.
81-85 year one drops to 90
86-89 year one drops to 57
Renewals for above stay the same. He missed 11+ which is 1.5
Modified is 58 year one and 2.75 renewals 2+

This through Ritter.

 

[Newby]

The AMCON contract I have reads:
1st year, 105
2nd, 11.5
3-5, 6.5
6-10, 2.5
10 year total equals 148

That's better than I was thinking. Not as good as most other companies but not as bad as it could be.