- 16,922
OK. Well that answers that. Who else doesn't drop comp for 80 to 85-year-olds?
Settlers pays the same for ages 0-85.
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OK. Well that answers that. Who else doesn't drop comp for 80 to 85-year-olds?
Reinstatements and Reissues
If a policy is reinstated or reissued, notify the Commission Department to reinstate the advance commission. Credit for the reinstated advance will appear on your regular advance statement.
REWRITES
If the Company determines that any policy is discontinued during the premium paying period and new insurance has been issued on the same life within six months before, or one year after such discontinuance, first year commission will be payable only on the increase, if any, of the new policy over the old. Full renewal commissions will be paid on the new policy thereafter, in accordance with your agent’s contract.
from the TA Agent Field Manual (ML106 03/15) page 11: (don't ask me what it means, my eyes glaze over halfway into the paragraph...but yeah, what Newby said...)
I'll take my six months at $169/mo with Trans and write her somewhere else.
That's what I did. Took a little hit by writing Aetna. But it was like $30 cheaper than Settlers.
A little hit is all it is. Now if you can just keep that client paying...that's the challenge.