New Royal Neighbors Rates

[jdeasy]

Same here. I did get the comp schedule today. After reading this thread I had to pull it out of the trash to read it. Did they also lower the renewals on the SIWL.

They didn't cut my renewals on the EL at all and only half a point on the SIWL.

Travis is on the phone with RNA right now trying to make some sense of this.
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I havent gotten NONE of this info, I just submitted 2 EL apps last week. I had to call last week & get them to email me the SWL changes, its like they have cut me off the email list except for the stupid UL emails!

70%? 47%?? WoW, I dont care how good their rates are, Im not taking that big of a haircut to offer them....Im not in the charity biz.

Can someone please post some good companies thats comparable, I only have to use f/u about once a month usually??

Looks like I might as well take RNA out my bag!

All this stuff came in the mail today.

 

[Todd King]

They didn't cut my renewals on the EL at all and only half a point on the SIWL.

Travis is on the phone with RNA right now trying to make some sense of this.

You're on a different schedule to begin with than many of us. That's why we're seeing a difference in the changes.

If I'm not mistaken, EFES had a higher 1st year payout and lower renewals, so they probably didn't have as much renewals to cut.

Now the difference on the 1st year for the EL, not sure why yours is so much lower now.

 

[Norwayguy]

You're on a different schedule to begin with than many of us. That's why we're seeing a difference in the changes.

If I'm not mistaken, EFES had a higher 1st year payout and lower renewals, so they probably didn't have as much renewals to cut.

Now the difference on the 1st year for the EL, not sure why yours is so much lower now.

They really don't want JD's EL business and figured by cutting his commission to less than 50% would do it...If not thier next plan is to announce they are a right to work company

 

[WinoBlues]

That would be lower. I did not write them muchaanyway do does not affect me much. Other than makes my other companies more competitive.

But it does look like they are shooting themselves in the foot.

They didn't cut my renewals on the EL at all and only half a point on the SIWL.

Travis is on the phone with RNA right now trying to make some sense of this.
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All this stuff came in the mail today.

 

[jdeasy]

That would be lower. I did not write them muchaanyway do does not affect me much. Other than makes my other companies more competitive.

But it does look like they are shooting themselves in the foot.

It's actually .75 cut on my renewals instead of half a point. I misread it.

 

[WinoBlues]

It's actually .75 cut on my renewals instead of half a point. I misread it.

Do not have it with me, but seem to remember them changing in like the 6th year.

 

[jdeasy]

Do not have it with me, but seem to remember them changing in like the 6th year.

Yeah it drops drastically after 6 years. I was just told that the new 1st year commission rate does not apply to my pending business, only to business written after today.

I guess I'll see on that?

 

[TDFnCali]

They didn't cut my renewals on the EL at all and only half a point on the SIWL.

Travis is on the phone with RNA right now trying to make some sense of this.
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All this stuff came in the mail today.

Ok thx, I'm only at my mailing address every 2 weeks, just left there.

JD, or whoever would like to chime in... Who's a good replacement for a F/U product that u can use from birth to 85?

I would like to have to carry only 1 f/u product, since I don't have to use it much.

Americo's any good?

Sent via my Sprint Galaxy S4 using Insurance Forums
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Well, United of Omaha's Living promise...here we come!

With regard to that ^^^^, I hear MoO will mail your own clients cheaper rates in the mail & replace u?

Plus I haven't heard good things about MoO, the company, in general.

Sent via my Sprint Galaxy S4 using Insurance Forums

 

[Todd King]

With regard to that ^^^^, I hear MoO will mail your own clients cheaper rates in the mail & replace u?

Plus I haven't heard good things about MoO, the company, in general.

Sent via my Sprint Galaxy S4 using Insurance Forums

I would imagine MoO is sending mail to non-MoO clients as well. I know I've gotten a couple in the mail from them myself.

 

[houcoogster]

I would imagine MoO is sending mail to non-MoO clients as well. I know I've gotten a couple in the mail from them myself.

This makes absolutely no business sense at all? The first time it occurred Indy agents would drop the them like a rock. This forum would get the word out fast. MoO is a whole heck of a lot smarter than this. They ain't saints but they ain't dumb@sses either.