Training Videos

[jdeasy]

NAA Numbers are from mortgage protection final expense and other avenues said those don't really compare with straight final expense numbers

Yeah, that was the point I was making?

 

[Newby]

Yes, all hype, The Allstate agents, always had 10,000 dollar months. I used to write 30,000 in P @ C a month and get 10,000 in commission. Remember it was
residuals, I relied on. The homeowners policies were great. So here goes. What
Is Monumentals residual commissions for FE ?...

The conversation is $10,000 days not months.

The word you are looking for is renewals not residuals.

FE doesn't pay renewals in the same league as P&C. But P&C doesn't pay first year in the league of FE. They aren't really comparable.

The better paying FE companies are going to pay in the ballpark of 75% total over years 2-10. Most have gone to lower renewals that drop way down after the 5th year.

 

[rndz7]

How about a FE contract, "as earned". Renewals ?

 

[Newby]

How about a FE contract, "as earned". Renewals ?

I'm not sure you understand your own question. Advanced or as earned doesn't affect your renewals. It's just the timing of when you are paid on the 1st year commissions.