Policy Fees on Term

[SamIam]

I just sold a million dollar term policy with ING & they had a $98.00 policy fee non-commssionable. I've sold other million dollar policies before & don't remember that type of hit. Are all the carriers that much and I didn't notice it or is it just ING.

Just wondering.

 

[STIBROKER]

I just sold a million dollar term policy with ING & they had a $98.00 policy fee non-commssionable. I've sold other million dollar policies before & don't remember that type of hit. Are all the carriers that much and I didn't notice it or is it just ING.

Just wondering.

some are commssionable and some not but all company's have built in
policy fees.....sbli is $60........Pru is $85....non-commssionable

 

[bluemarlin08]

Genworth's is commission-able.

 

[STIBROKER]

Genworth's is commission-able.

and Trans.............

 

[bobwise23]

and Trans.............

trans... gender

 

[shooter]

trans... gender

I believe Lincoln Financial is $125 non-comissionable.

Genworth is a UL product.
It seems companies that use an UL chassis for term do pay
you on policy fee.

But I am sure there are exceptions.

Shooter

 

[Larry Tew]

Ohio National is $85 non-commissionable.

 

[WinoBlues]

Cinci Life is $75. commissionable

 

[SamIam]

That explains it because I usually sell Genworth.

 

[WinoBlues]

I believe Lincoln Financial is $125 non-comissionable................

Shooter

Something cool about LFG is they have a rolling target on their UL. Which comes in handy if you dial down their Durations UL to use the Table shave.