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In Reply to: Re: Re: UL commissions posted by jax on March 05, 2002 at 20:03:38:
: :
: Forgot something, you said you made 20% more on the UL. What is the target prem. of the UL, the commissionable prem. payable at the 102% level?? It is a lot less than the Whole Life prem.
: So 82% of a higher prem. could be more commission than 102% of a lower commissonable premium.
The required is the target, it is 2286 annual or 190.00 monthly and that is how I am paid monthly * 12 * 102% I am paid on the min that is our target I did forget Oomph’s the premium is 2150 annual on the whole life another good thing about my whole life. I have worked with UL's that are paid up to target this one is not. I also get paid up front I don't have to wait for the premium to be paid monthly if it lapses I give a percentage back. If it stays for a year I keep my commissions but I do lose progress which effect my commission rate
