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If you are a Gamecock, the cards are stacked against you from the beginning!
That said, I'll try to help...
Med Supp premiums vary considerably by state and commissions vary considerably by company and contract level. The SC-specific answers to your questions are:
-T65 premium average: $105/mo; Over-65 premium average: $125/mo
-FYC: 21% average - depends on who you are writing. Some in SC as low as 18% and as high as 23%
-Renewals: 6 years level at same percentage as FYC
Few other suggestions...
-Take advance for the first year and eventually switch to 'as earned'
-If you have the $$$ to do so, set a monthly 'marketing budget' and stick to it. Try one 'new' sales-generation strategy each month that fits within that budget - i.e. buy internet leads in March, TM in April, DM in May, etc. See what you like and have the most success with, then do more of that.
-Don't assign your commissions or sign any contract without comparing to 2-3 others
-Don't over-contract - sounds like you are going to work your local area primarily at first. You just need to focus on 3-5 insurance companies that are most competitive in your market
That said, I'll try to help...
Med Supp premiums vary considerably by state and commissions vary considerably by company and contract level. The SC-specific answers to your questions are:
-T65 premium average: $105/mo; Over-65 premium average: $125/mo
-FYC: 21% average - depends on who you are writing. Some in SC as low as 18% and as high as 23%
-Renewals: 6 years level at same percentage as FYC
Few other suggestions...
-Take advance for the first year and eventually switch to 'as earned'
-If you have the $$$ to do so, set a monthly 'marketing budget' and stick to it. Try one 'new' sales-generation strategy each month that fits within that budget - i.e. buy internet leads in March, TM in April, DM in May, etc. See what you like and have the most success with, then do more of that.
-Don't assign your commissions or sign any contract without comparing to 2-3 others
-Don't over-contract - sounds like you are going to work your local area primarily at first. You just need to focus on 3-5 insurance companies that are most competitive in your market