Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
National News • June 8, 2005
Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, ...
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Subject: RE: RE: you must be joking
Posted On: June 9, 2005, 3:40 pm CDT
Posted By: jp
Comment:
I am protecting my business interest. I cant speak for everyone but I do whats in my clients best interest not mine. If I happen to make more because it works out like that so be it. It doesnt necessarily mean because we get paid more from this one we are gonna STEER our clients that way. Maybe its the agents/brokers that do those types of things that should be penalized, not the whole industry. One other note, whats the point of having your own company and work 40+ hours a week if you arent gonna make money. Your darn right I have my business interest in mind, Id be a fool not to.
I personally dont get reimburement or contingent commissions, but this seems to be having an effect on the way I am allowed to get paid.
Subject: RE: RE: you must be joking
I personally dont get reimburement or contingent commissions, but this seems to be having an effect on the way I am allowed to get paid.