160%, 200%, 300% ? Am I missing something ?
By the nature of your question.... Yes, you are. Tune in some place besides here. You are lost.
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160%, 200%, 300% ? Am I missing something ?
160%, 200%, 300% ? Am I missing something ?
I still don't quite understand the answers you've given but thank you anyways for your input.
My apologies. I see that you started this post, so I will make it as simple as I can. Final expense is a tuff market unless you have agents on the street making sales for you, or TV commercials. It's a volume base business because the premiums per household are the smallest in the industry. With that being said, lets use this example. Agents sells a 200.00 per month premium, witch is a very nice sale in this market.... /quote]
Does she (the witch) have her own broom?
My apologies. I see that you started this post, so I will make it as simple as I can. Final expense is a tuff market unless you have agents on the street making sales for you, or TV commercials. It's a volume base business because the premiums per household are the smallest in the industry. With that being said, lets use this example. Agents sells a 200.00 per month premium, witch is a very nice sale in this market. And let's assume that this agent has a very high commission contract due to past high production... 200% or even 300% not going to happen, but lets say it does for the sake of my point. 200.00 x 12 is 2400.00. 2400.00 x 300% is 720.00. Keep in mind that this is a great week for most final expense reps. On the other hand, let say you go to a young or even older professional. Let say they have a career making 250k a year. Thousands of professional fit this example. If he dies his or her income will die. The agent sells this professional a 700.00 per month premium to protect the family with the missed income. 700.00 x 12 is 9100.00 and the commission is for a new agent only on a 80% contract 80% x 9100 is 7280. The professions are just as easy to sell but look at the difference. 7280.00 or running your car in the ground after leads that mostly suck or you pay out the rear end for. So 7280 or 720.00. I did not check the math but you should get the point. Be smart and good luck. Someone took the time to show me this and I made the TOT for 7 years in a row.,.. Think big whall
Ah ok. Now that makes a lot more sense. By those percentages I thought you were referring to commission levels. I thought maybe I had been living under a rock this whole time. Lol... Thank you for clarifying.
MIM