Jun 18, 2010 #1 D doctor Expert 33 Can someone please explain the difference between these? I know what the acronyms mean, but not the difference(s) between them.
Can someone please explain the difference between these? I know what the acronyms mean, but not the difference(s) between them.
Jun 18, 2010 #2 Mark Guru 5000 Post Club 7,924 Georgia FMO is health insurance. IMO is Life insurance...MGA is lower on the food chain.. MGA can have 1 to 10 agents IMO has a lot more.. Last edited: Jun 18, 2010
FMO is health insurance. IMO is Life insurance...MGA is lower on the food chain.. MGA can have 1 to 10 agents IMO has a lot more..
Jun 18, 2010 #3 Josh Guru 5000 Post Club 11,996 The reality is there are no industry standards. IMO/FMO is usually a top level contract between a large agency (licensed in almost every state, thousands of agents), other than that people make up whatever they want to call themselves.
The reality is there are no industry standards. IMO/FMO is usually a top level contract between a large agency (licensed in almost every state, thousands of agents), other than that people make up whatever they want to call themselves.