How to Leave an Agency

[boosted_347]

I was approached by a recruiter of an agency that is local to me selling final expense policies. I acquired a MO and KS license and hit the ground running. My license is through them as are my appointments. In the very short 3 weeks I have been with this company I have found that noting is as was described to me in my interview. Long story short... I'm upset and looking to leave. I have been approached by another agent about going independent. What steps would I need to take to get my licenses released from this agency and what steps are needed to get appointed through the carriers I currently have as independent?

Thanks in advance for the advice.

 

[VolAgent]

The agency doesn't hold your license. They may have the paper copy, but in insurance you are licensed directly by the state. No agency is required.

Also, forget about the companies you had through the agency. Odds are, you won't be released so you won't be able to write with those companies for 6 months.

 

[trickormate]

What state you reside in?

 

[jdeasy]

I was approached by a recruiter of an agency that is local to me selling final expense policies. I acquired a MO and KS license and hit the ground running. My license is through them as are my appointments. In the very short 3 weeks I have been with this company I have found that noting is as was described to me in my interview. Long story short... I'm upset and looking to leave. I have been approached by another agent about going independent. What steps would I need to take to get my licenses released from this agency and what steps are needed to get appointed through the carriers I currently have as independent?

Thanks in advance for the advice.

Proper thing is to tell your current agency you are leaving and that you honor all of the contract including any notice time. Then do just that.

I've been released from places that don't normally give releases by being upfront about my intentions and offering to fulfill all parts of the contract. Even the parts I disagree about.

Now, many won't give a release no matter what you do but don't compound the problem by just writing business elsewhere behind their back.