Which Life Companies Offer Renewal Commissions 2 Independents

[WILDCAT-MATT]

Which life insurance companies offer renewal commissions in their contracts with independent insurance agents? I have been calling a variety of carriers and have only found one that offers renewal commission (American General Life).

 

[Josh]

Frankly I'm not aware of many that don't offer renewal commissions.

 

[JCK818]

Yeah, I'm independent. I haven't came across one company that didn't

 

[LGilmore]

Become a captured agent and you'll find out. Frankly most independent contracts pay anywhere from 60%-120% commissions first year. Can't you bank half of that for next year, rather than them?

 

[WinoBlues]

Are you talking about term?

If so: Cincinnati Life is one.

 

[WILDCAT-MATT]

Yes I was talking about term. But I have spoken with Hartford, John Hancock, Genworth, MetLife and a few others who say they dont provide renewal commissions to independent agents.
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On the front end most of the companies I have been speaking with offer 80 to 90% commission the first year and then nothing after that. What I am wondering is if I can negotiate with these that are telling they dont offer renewal commissions in their independent contracts.

 

[fetam]

Royal Neighbors and Mutual of Omaha pays on term renewal.

 

[WILDCAT-MATT]

Can you guys please tell me the names of some of the companies that do offer renewal commissions? I have found two so far American General & Mass Mutual. Thanks

 

[mike-]

Fetam, shouldn't is be super star instead of super start? Just a heads up.

Follow my career from super-newb to super-start!
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[fetam]

I must have been hacked! hehe