Agent Questions

eza4short · 08-22-2009, 12:48 AM

I have a few questions to ask and the best responses is needed.
If you are a licensed agent can you right business under another agents number?

If you sign up with a key Broker with United Health Care do you have to have your commisions paid to the agency?

Last but not least if a keybroker does not want to release an agent can you work under somebodies elses license?

THanks for any response

CHUMPS FROM OXFORD · 08-22-2009, 12:58 AM

"If you are a licensed agent can you right business under another agents number?"

I can't imagine being allowed to do that. It would not be write.

eza4short · 08-22-2009, 01:08 AM

Under florida law if i am not mistake it says you are able to write under somebody license they would have to split the commission .

CHUMPS FROM OXFORD · 08-22-2009, 01:26 AM

OK. I did not know that.

DavidD1 · 08-22-2009, 01:47 AM

Originally Posted by eza4short

I have a few questions to ask and the best responses is needed.
If you are a licensed agent can you right business under another agents number?

If you sign up with a key Broker with United Health Care do you have to have your commisions paid to the agency?

Last but not least if a keybroker does not want to release an agent can you work under somebodies elses license?

THanks for any response

These are so common questions. Don't sign with a company that refuses to agree to release your contract upon request in writing. Good luck with UHC and leads. If you contact me I can provide you with a bit more specific information with some companies you may find more attractive...what state are you in?

Frank Stastny · 08-22-2009, 09:29 AM

Originally Posted by CHUMPS FROM OXFORD

"If you are a licensed agent can you right business under another agents number?"

I can't imagine being allowed to do that. It would not be write.

Good one.

Zing, there goes another one.

eza4short · 08-23-2009, 01:10 AM

So can nobody answer to my questions?

DJAdam · 08-23-2009, 02:37 AM

Originally Posted by eza4short

So can nobody answer to my questions?

Nobody has left the building. Sorry... Check back tomorrow.

Bob_The_Insurance_Guy · 08-23-2009, 07:17 AM

Call your DOI. They'll give you the answer, sans the sarcasm.

healthagent · 08-23-2009, 08:13 AM

Writing under someone else's number is called ghost writing and if the carrier catches you doing it you'll lose your appointment.

And yes, if you sign under a key broker and choose advances your commission are paid to the broker.

atlantainsguy · 08-23-2009, 10:03 AM

Are you being encourage to write under someone else's agent #? Do you have an agent # too?

Posts are right about companies not letting you do this as a normal course of business. They have "single-case agreements" for otherwise doing this.

If you are being encouraged to do this by some "manager", it's so they get the renewals and you get zero.

Atlantainsguy

Frank Stastny · 08-23-2009, 10:43 AM

Originally Posted by eza4short

I have a few questions to ask and the best responses is needed.
If you are a licensed agent can you right business under another agents number?

If you sign up with a key Broker with United Health Care do you have to have your commisions paid to the agency?

Last but not least if a keybroker does not want to release an agent can you work under somebodies elses license?

THanks for any response

The reason you may not be getting the answers you are looking for is you may not have worded your question correctly.

I'm going to take a WAG. I don't know what your definition of a "key broker" is. It is not a term I am familiar with. It sounds like you are asking about being the agent of record (AOR).

If you are working for an insurance agency, most insurance agencies will contract with an agent to sell insurance for the companies the agency represents. I believe the agent will still have to be appointed with the insurance company but every application the agent writes will be submitted to the insurance company with the agencies writing number as the AOR.

When the insurance company writes the commission check it is made out to the insurance agency, not to the writing agent. The agency then decides how much of the commission they receive from that application they want to give to the writing agent. It can be anything the agency decides and/or what the writing agent has agreed to. It could be as little as $5 or $10 dollars even though the agency received $50 from the insurance company.

Typically when the agent leaves the agency he/she walks away with zero renewals. Why? Because the writing agent who worked so hard to get the appointment, make the sale and provide excellent service is not the agent of record.

I would never sell any kind of insurance policy if I was not the AOR.

If that doesn't answer your question you may want to consider rewording it.

mcmillian-1 · 08-23-2009, 08:50 PM

The answer is really NO!, Cut the crap guys..there are agents who let other agents write under their number but it is aginst the LAW, I know this FOR SURE IN CA