And, does it matter whether they retired, quit or were terminated?
2007-12-23 10:41:24 · 7 answers · asked by Anonymous in Business & Finance ➔ Insurance
It depends on the contract.
A retiree (meaning they have reached retirement age) may get the payments.
Someone who quits or is terminated shouldn't.
2007-12-23 10:46:55 · answer #1 · answered by Anonymous · 1⤊ 0⤋
An insurance agent who has been in the business for many years NEVER, never quits completely.
Even if an agent writes one single policy a month, the many thousands of dollers in residual still flows in.
Don't quit!
2007-12-23 13:43:33 · answer #2 · answered by Anonymous · 1⤊ 0⤋
No. Usually,if an agent leaves the company, the account becomes a house account, ( no agent) or it is assigned to another agent.
2007-12-23 17:09:56 · answer #3 · answered by TedEx 7 · 0⤊ 0⤋
It depends on the contract or company policy, but usually not.
2007-12-23 16:37:59 · answer #4 · answered by Rusty Shackelford 2 · 0⤊ 0⤋
quits terminated =s no money.
retired depends on contract.
2007-12-23 11:12:32 · answer #5 · answered by Anonymous · 1⤊ 0⤋
I've never heard of it happening, regardless of why they left the company.
2007-12-23 12:06:44 · answer #6 · answered by Anonymous 7 · 1⤊ 0⤋
not usually
2007-12-24 15:34:07 · answer #7 · answered by Houdini 7 · 0⤊ 0⤋