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I would telL him how it works too. Take him with you and make an ovveride off of him. Thats what I would do. I just found that my RSM is closing down his office and starting a new carre place with anouther company. He is not going to tell them what he is doing. He also said if we don't go with him to the new place he will steal our clients. This won't take place for about another month. SO i will be busy chasing clients about that time. I can't believe how scandalous this insurance world is sometimes. Money definetly makes people crazy.
Senior,
What is an RSM? Regional Sales Manager???? If so how is going to take all your clients. Surely you don't let him process all your applications do you? I thought only captive agents had to do that and you aren't captive are you? Can one be both a captive and independent agent?
At first I thought that AZ was captive as with an insurance company, now it sounds like he is working for a general agent. I've never heard of an insurance company charging an agent $1,000 per month.
It would be a cold day in hell before I would pay anyone $1,000 per month and give up part of my commission for the "right" to sell insurance.
I knew nothing about working for a general agent until I joined this board. Well, I knew enough to know to never do it, so this is all new to me.
I guess it's the one "Insurance for Dummies" book I never did read. Help Me, Help Me!