FantasticMrFox27
New Member
- 4
Good morning everyone,
Situation is pretty straight forward: licensed insurance agent has been working for a large, publicly traded organization for about 2 years now as a fully employed individual, but is looking to leave the company and either go out on his own or join another organization offering a 1099 working option.
The current company is already refusing to provide immediate appointment releases to agents who have recently resigned. Several colleagues in this situation right now, looking at a 3-6 month wait until their delayed release goes through, potentially screwing them for AEP.
I've been advised from a couple sources that if the company were to TERMINATE that agent, say, for no call no show or otherwise breaching company policy, then because the company terminated the employee, they would have no legal right to hold their appointments and would be required to grant them an immediate release.
Can anyone advise me if there's any truth to this?
Asking for a friend.
Situation is pretty straight forward: licensed insurance agent has been working for a large, publicly traded organization for about 2 years now as a fully employed individual, but is looking to leave the company and either go out on his own or join another organization offering a 1099 working option.
The current company is already refusing to provide immediate appointment releases to agents who have recently resigned. Several colleagues in this situation right now, looking at a 3-6 month wait until their delayed release goes through, potentially screwing them for AEP.
I've been advised from a couple sources that if the company were to TERMINATE that agent, say, for no call no show or otherwise breaching company policy, then because the company terminated the employee, they would have no legal right to hold their appointments and would be required to grant them an immediate release.
Can anyone advise me if there's any truth to this?
Asking for a friend.
