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Medico No Longer paying commission on Approval for abw applicatons
I was expecting commissions from medico this week and noticed i didn't see a statement generated. I called them up to find my money and they said as of
10-1-2014 they no longer drafting upon approval and will only draft initial premium on the effective date. Ofcourse this means if you write a t65 with an effective date 6 months out your not getting paid any time soon.
Anyone else encountered this yet?
I was expecting commissions from medico this week and noticed i didn't see a statement generated. I called them up to find my money and they said as of
10-1-2014 they no longer drafting upon approval and will only draft initial premium on the effective date. Ofcourse this means if you write a t65 with an effective date 6 months out your not getting paid any time soon.
Anyone else encountered this yet?
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