I merely get my go agent license and my bright boss is giving me a 50/50 commission split on adjectives form insurance
policies. Is this a tolerant split? He is paying for my E & O insurance, rent, internet, lead, phone bill. He is also paying for a processor to touch adjectives the paperwork for fresh groups and servicing of the clients.
Answers:
Yes, it's balanced.
I would patently ask give or take a few the renewal income. Will you attain any of it and if I would markedly ask for a percentage.
50% of what commision? If the commsision is low after 50% is really going to suck. look at www.uabranch.com they will rate for adjectives of that and you breed more money lacking splitting anything and the business is in your pet name. If you turn next to this other guy bring back you a dutiful legal representative and an even better contract next to him, Insurance agents screw nation similar to you each day .
He is also supplying the contracts to the carrier you are selling for...at least possible I would assume.
This is a impartial traffic, it's pretty standard.
The majority of my book of business of group benefits. I work for a significant agency that I split next to. I consider the split to be disinterested because of the services that they provide to me as very well as my clients. I don't cogitate I would hold be so successful short them providing me near support. It's not easy to be a one-man-show. Believe me, I've be in that.
A 50-50 split is tolerant. Yes, the commissions on group strength are low, but every group you write add to your monthly income and if you retain that business, the income is single cap by your drive and resources to service your clients.
Good Luck.
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Answers:
Yes, it's balanced.
I would patently ask give or take a few the renewal income. Will you attain any of it and if I would markedly ask for a percentage.
50% of what commision? If the commsision is low after 50% is really going to suck. look at www.uabranch.com they will rate for adjectives of that and you breed more money lacking splitting anything and the business is in your pet name. If you turn next to this other guy bring back you a dutiful legal representative and an even better contract next to him, Insurance agents screw nation similar to you each day .
He is also supplying the contracts to the carrier you are selling for...at least possible I would assume.
This is a impartial traffic, it's pretty standard.
The majority of my book of business of group benefits. I work for a significant agency that I split next to. I consider the split to be disinterested because of the services that they provide to me as very well as my clients. I don't cogitate I would hold be so successful short them providing me near support. It's not easy to be a one-man-show. Believe me, I've be in that.
A 50-50 split is tolerant. Yes, the commissions on group strength are low, but every group you write add to your monthly income and if you retain that business, the income is single cap by your drive and resources to service your clients.
Good Luck.