Farmers New World life came out with Increased commissions and the cavet was that they will charge back "earned commissions" if the policy lapses within the first 13 months...
I was told this is industry standard... IS IT? This would be like I sell a 1 yr auto policy and the insured cancels and I get charged back the full commission instead of just the months advanced that were not earned...
Pretty freakin annoyed P&C agent...
I was told this is industry standard... IS IT? This would be like I sell a 1 yr auto policy and the insured cancels and I get charged back the full commission instead of just the months advanced that were not earned...
Pretty freakin annoyed P&C agent...