Background: I work with one of the bigger agencies that primarily sells medicare plans. I get free leads and a reduced commission, it's a call center. I get paid once on a sale and that is it, no residual. I've really enjoyed working with this company, but I just feel limited and want to do things on my own and actually manage a book of business.
Questions:
FMO/IMO to work with?
Which states to be licensed in and what carriers to work with? I am currently licensed in every state and appointed with many carriers. When I go independent I am thinking of doing maybe 10 states or so and maybe 5 carriers.
I signed a 12 month non-compete. I need to look over the document and perhaps get a lawyer to check it out too. They definitely won't release my appointments with the insurance companies but it is my understanding that the insurance companies will release them after 6 months. Will I be able to get new appointments with carriers after 6 months? I'm not planning on selling any plans to my clients I have established with my current company I just plan on starting fresh in AEP. Any experience on this? Do you think it will be a problem?
Lastly, am I being stupid? I've had success selling medicare plans with this company. Should I just stick it out? I don't have much control in my day to day schedule, but the incentive structure is pretty generous. I made 83K last year which was my 2nd year selling insurance.
Any tips you have will be welcome. Thanks!
Questions:
FMO/IMO to work with?
Which states to be licensed in and what carriers to work with? I am currently licensed in every state and appointed with many carriers. When I go independent I am thinking of doing maybe 10 states or so and maybe 5 carriers.
I signed a 12 month non-compete. I need to look over the document and perhaps get a lawyer to check it out too. They definitely won't release my appointments with the insurance companies but it is my understanding that the insurance companies will release them after 6 months. Will I be able to get new appointments with carriers after 6 months? I'm not planning on selling any plans to my clients I have established with my current company I just plan on starting fresh in AEP. Any experience on this? Do you think it will be a problem?
Lastly, am I being stupid? I've had success selling medicare plans with this company. Should I just stick it out? I don't have much control in my day to day schedule, but the incentive structure is pretty generous. I made 83K last year which was my 2nd year selling insurance.
Any tips you have will be welcome. Thanks!