NWM Commissions

[Neilcathy67]

I co brokered Life Insurance, Disability and ROP policy with my next door neighbor, who is a new producer with Northwestern Mutual. The premium per month on our client is $2700.00 a month and it is now 60 days later and still no commission from her. Does any one know what NWM would pay on yearly premiums of $32,400.00 for the first year, second, third , fourth and fifth. Thanks

 

[DHK]

I didn't know that NWM did any kind of "brokerage". Is it possible that they don't pay commissions outside of their career agency system? Or, that if they truly don't "broker" that your agent kept all the commission?

 

[scottstreet]

Are you appointed with NWM ? If not, as it looks, what did you put as a writing code for the split? Was it a handshake? If so what is your "enforcement mechanism"? Hey, at least you know where they live.

 

[Indy007]

If you're not appointed with NWM and had no agreement signed, sounds like you may have got (insert expletive)

 

[LGilmore]

Do you have an insurance license?