If you did not assign your commissions then you don’t have anything to worry about. If the insurance company pays you directly they’re gonna keep paying you everything they owe you.
Yes that’s a fairly common practice though but only for agents that have assigned their commissions to the up line and are paid from the up line. That’s the number one reason why some IMOs want you to assign the commissions. So they have complete control over you and anytime they have a problem with you they can take everything you can’t do anything about it.
It’s funny you say that . Your telling me if Lincoln Heritage is pissed at me and terms me for cause it’s reported to the insurance dept ? I think that’s false 100% . Unless the company turns me in for fraud and the ins dept investigates and determines I did and sanctions me . When a company asks that questions when you contract and you say no the company has no way to know .Any bs company could term you for cause right be vindictive. I think terming for cause is an internal company affair . If I’m incorrect please refer me to a case I can see.