This Might Be a Stupid Question but Asking Anyway

[insurancemet]

Mass Mutual..I was wondering if I ever wanted to switch from career to a broker contract later on down the road..or if I just left them altogether. So if I understand correctly even if the client keeps the policy for a whole year but if you leave before that is up you may get chargeback on the advances unless you are vsted..some compnies that is but Mass?

 

[Norwayguy]

Mass Mutual..I was wondering if I ever wanted to switch from career to a broker contract later on down the road..or if I just left them altogether. So if I understand correctly even if the client keeps the policy for a whole year but if you leave before that is up you may get chargeback on the advances unless you are vsted..some compnies that is but Mass?

I do not believe the Mass contract works that way. As long as the policy remains on the books no chargeback.

 

[VolAgent]

Mass Mutual..I was wondering if I ever wanted to switch from career to a broker contract later on down the road..or if I just left them altogether. So if I understand correctly even if the client keeps the policy for a whole year but if you leave before that is up you may get chargeback on the advances unless you are vsted..some compnies that is but Mass?

From personal experience, they continued to pay on policies. Also, I think one lapsed but there was no chargeback.

I didn't keep up with the clients unless I knew them otherwise. I got a nice FU letter from the GA about the non-solicit so I just washed my hands of the clients. The guy was a real class act and probably would have sued to sue, so I didn't want to give him any reason.