- 15,041
It's 3% on every PUA premium for 30 years or so? On that 10k premium, if 5k is base and 5k pua premium, Agent gets 5k in commissions upfront and gets $150 every year for the next 30 years. If I were an agent, I would prefer a passive $150 to $5000 more upfront.
$5000 up front beats $4500 over next 30 years...
I wasn't there so I'm going to refrain from Monday Morning QBing this guy. There are lots of reasons he may have recommended what he did. And there are lots of reasons he may have gotten upset when you mentioned another design, the first of which is yours would never work.