***Caution****If you do business in New York State do not give away prizes to existing clients for referrals. I was fined by the Insurance Department for this very thing and we had disclaimers on everything. The department views this as rebating. End of story!
Does anyone know if this is also the case for California? An associate made a similar contest on another social networking site, the site pulled the contest after a complaint from another broker but it’s not clear if it’s rebating or not.
Hi always found your journal content so educative. would wish to have or rather connect to a sponsor to enable enhance my skills.
Would wish to the outstanding insurance agent in Kenya where insurance consumers is so minimal. we don’t sell insurance here but
market. with outside world exposure can do marvelous
We can increase referrals through social media. It really helps.There are many ways that smart agents leverage social media to build stronger relationships and increase sales.
***Caution****If you do business in New York State do not give away prizes to existing clients for referrals. I was fined by the Insurance Department for this very thing and we had disclaimers on everything. The department views this as rebating. End of story!
Does anyone know if this is also the case for California? An associate made a similar contest on another social networking site, the site pulled the contest after a complaint from another broker but it’s not clear if it’s rebating or not.
Contact the DOI …and get your answer in writing.
Up to $25 per referral is allowed in Texas before it becomes a commission/rebating.
Hi always found your journal content so educative. would wish to have or rather connect to a sponsor to enable enhance my skills.
Would wish to the outstanding insurance agent in Kenya where insurance consumers is so minimal. we don’t sell insurance here but
market. with outside world exposure can do marvelous
We can increase referrals through social media. It really helps.There are many ways that smart agents leverage social media to build stronger relationships and increase sales.