How much of that $1000 a month goes towards paying claims? How much of your $17.25 goes towards paying claims?
That's an irrelevant question.
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How much of that $1000 a month goes towards paying claims? How much of your $17.25 goes towards paying claims?
Under RDR Regulations introduced in the UK, Indemnity commission is no longer allowed
How much of that $1000 a month goes towards paying claims? How much of your $17.25 goes towards paying claims?
A lot of business expenses come out of that $17.25. I gave up on marketing ma plans years ago. I still write them but only when I have to. I'm not sure what Bobs beef is with ma agents but he sure casted a pretty broad net with his rant. I'm not really sure who he was talking about either since I don't know anyone that survives just writing biz during aep. It's not easy to survive in this industry and saying agents get paid too much is absurd.
If you did get out of the industry, what would you do? And who would help your 6 clients?
Rick
Could you expand on that comment please?
Under the RDR (Retail Distribution Review) the UK Regulators have banned the practice of earning advance commissions and commissions are earned in arrears e.g. monthly.
Under the RDR (Retail Distribution Review) the UK Regulators have banned the practice of earning advance commissions and commissions are earned in arrears e.g. monthly.
A lot of business expenses come out of that $17.25. I gave up on marketing ma plans years ago. I still write them but only when I have to. I'm not sure what Bobs beef is with ma agents but he sure casted a pretty broad net with his rant. I'm not really sure who he was talking about either since I don't know anyone that survives just writing biz during aep. It's not easy to survive in this industry and saying agents get paid too much is absurd.