I just did an FE app with $300 QD. The applicant told me that nobody was willing to write the app, because he didn't have a bank account. I ususally pass on these, but not this time.
It has been years since I did a quarterly direct life policy, since in my experience, the first premium is the only one that's ever paid. Does anyone actively write QD and what's the retention rate, if you're not constantly calling/collecting when payment is due?
I've only had a few that worked out, but that was a long time ago, when people were still paying bills with checks, etc.
It has been years since I did a quarterly direct life policy, since in my experience, the first premium is the only one that's ever paid. Does anyone actively write QD and what's the retention rate, if you're not constantly calling/collecting when payment is due?
I've only had a few that worked out, but that was a long time ago, when people were still paying bills with checks, etc.