New Agent with Some Basic Questions.

[Scotty1980]

What does it mean when you see 80%. I know this is 80% of the ap. But when it says 80/2/1 what does that mean. What if it just says 80/2? I assume 80% first year commission then what and for how long?

 

[value]

80 of target, 2 excess, 1 renewal

 

[Josh]

Do you have a specific product? Usually 80/2/1 would mean 80 first year, 2 second, 1 after that. If you have a company and a product we could certainly answer that for you though.