by Agent name removed for privacy
(indonesia)
Dear All
I'am an insurance agent, and I have a number of of achievements, but now I don't have any passion to do, cause I feel so tired of facing my leaders behavior, what should I do then?
Will you all help me what should I do?
Thanks
my best regards to you all
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by Josie
(Como MS)
Will I lose my residual income if I start working as a captive agent for another company?
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by J
(Whit)
If I am making a commission on policies that renew automatically and decide to leave the agency for whom I am working what is the industry standard ... Do I receive commission until policy is terminated or do agencies offer buyout or do I get nothing ... Just looking for typical scenario
Thanks!
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by David
(Washington)
Is 50% commission being offered to me from a small firm a good deal for someone starting out with no salary?
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by Angela
(Florida)
Being a captive agent on salary with 1/3 of the renewal standards, would changing to a broker change your renewals to standard broker pay or would they stay the same as when you were a captive agent on salary because you wrote them under those standards? I can't find anything online about it and want to know if I'm just getting screwed. These are Medicare renewals if that makes any difference. Hopefully someone can help!
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I am about to start working for a broker as an independent agent. We agreed to no salary just commission yet the broker is asking me to split the new business commission as 70/30 70% for me and 30% for him. Is this fair? What are the industry standards? What structure should I propose?
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I've recently been presented with two opportunites:
Insurance Producer for Agent
Part Time Salary $1200 per month
15% Comm. on Term
%25 Comm. on Perm
7% Comm. on P&C (Comm. not paid on first $9000 of annualized prem. per month)
No share in renewals
Captive and Exclusive
Growth Potential is purchase of agency with Corporate loan assistance
I am in the process of negotiating the Life Comm. to 50% but will accept 30%.
Independent Agent
Full Time
100% Comm.
start out at 25% Comm. on Life but potential to go up to 50% plus
Large tool kit of customer financial helps available
Growth opportunity wide open
What is your take on this scenario? I'm trying to decide.
Thank you,
L.W.
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cazamber1@yahoo.com
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by Thuly
(South Africa )
As an insurance company, how can we get brokers to sell our insurance policies and choose us as their preferred partner over our competitors?
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