I Sent my first policy about 2 weeks ago,and i have many mistakes on it and it still hasnt go through underwritting when will i get salaried??
Answers: Depends on what company you work for...
and what type of insurance you're selling...
This is a very confusing question.
Impossible to answer
Don't be surprised if it clutch 10-12 weeks . The insured must accept the policy. If the insured decide he/she doesn't want it, you won't get compensated. If the company decides not to write the policy, you won't return with paid. If the company make a counter-offer, due to something discovered in underwrite, the insured can walk away.
So, near is always a hang about between the time you take the application and the time the policy is decisive.If it hasn't passed underwriting but, you have to stay lying on the company to be sure you and the person to be insured hold delivered everything needed for them to trademark a decision.
It is awfully hard for tentative agents,because money isn't coming in regularly. Good luck.
Well, it could be two more weeks earlier that application comes back to you for correcting. Most of the time, the underwriter won't adopt the application, until it's correct. They can't make changes/corrections nearby - it's against Best Practices.
Normally, you get salaried around the 15th of the month, for the business you did two months ago. If the coverage is accepted May 16th, after the commission should appear on your July 15th statement. Or July 1st statement, or whatever date contained by July that statements are run.
I would think you necessitate to get the mistakes taken thoroughness of before you should carry paid. Ask your boss and see what he or she say.. what company are you with? yes you hold to take attention of all the mistakes first
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Answers: Depends on what company you work for...
and what type of insurance you're selling...
This is a very confusing question.
Impossible to answer
Don't be surprised if it clutch 10-12 weeks . The insured must accept the policy. If the insured decide he/she doesn't want it, you won't get compensated. If the company decides not to write the policy, you won't return with paid. If the company make a counter-offer, due to something discovered in underwrite, the insured can walk away.
So, near is always a hang about between the time you take the application and the time the policy is decisive.If it hasn't passed underwriting but, you have to stay lying on the company to be sure you and the person to be insured hold delivered everything needed for them to trademark a decision.
It is awfully hard for tentative agents,because money isn't coming in regularly. Good luck.
Two Health Insurance Policies?
Well, it could be two more weeks earlier that application comes back to you for correcting. Most of the time, the underwriter won't adopt the application, until it's correct. They can't make changes/corrections nearby - it's against Best Practices.
Normally, you get salaried around the 15th of the month, for the business you did two months ago. If the coverage is accepted May 16th, after the commission should appear on your July 15th statement. Or July 1st statement, or whatever date contained by July that statements are run.
How do you receive your Lienholder to sign rotten on an auto insurance check so you can dosh it?
I would think you necessitate to get the mistakes taken thoroughness of before you should carry paid. Ask your boss and see what he or she say.. what company are you with? yes you hold to take attention of all the mistakes first
Resolved Questions: