Referral "Thank You" Gifts

[spartuna]

Contract them as sub-agents and give them a 10%-20% cut of the comp. If it becomes a chargeback you're not on the hook.

 

[policy doctor]

On small commission cases like med supps, ma's or others, I would just send out a gift card $10-15 value for lunch or gas. Same as I would reward a client for a referral hoping to get more.

Bigger life cases or annuities, you may want to give a percentage split to the licensed agent. Another way is to refer leads to each other and nobody is obligated to share commissions.

 

[TPAAgent]

My clients get nothing till their pmt goes through in month 9...

And even then it's juts a phone call at 6am on a sunday morning...

I like waking people up