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There is no BLACK & WHITE hardcore formula. My x and I spend 3 1/2 days in court to value mine. email me privately and I can look up and see if I still have the reseach I did on it. A lot of people throw around 1 to 1.5 times gross commissions. For more info. see

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โˆ™ 2004-12-11 09:35:41
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Q: What is the formula for buying out a block of business from an insurance agent?
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Related questions

How could one become a business insurance agent?

You can become a business insurance agent by studying insurance in college or business in college. In addition, you can become a business insurance agent by applying for an insurance company.

Who does an agent represent in an insurance transaction?

The agent represents the insurance company, not the customer who is buying the insurance.

What is the difference between an independent insurance agency and an independent insurance agent?

The agency is the business and the agent is a person.

Where can one find business insurance services?

One can find business insurance services by contacting a business insurance agent. They can answer questions about business insurance and determine the best kind for a particular business.

What are risks covered by business insurance?

Business insurance policies can be custom tailored too your needs. I would suggest speaking with an insurance agent.

How do you write a business plan as an Insurance agent?

To write a business plan as an insurance agent you should include the executive summary, marketing plan and the key employees. You have to focus on your niche and write about how your business will be successful.

What kind of customer is an agent buying something on behalf of an organization?


Are agent fees tax deductible?

You mean like a Hollywood talent agent? That would be deductible if you were in show business. If you mean like an insurance agent, that would not be deductible unless it was necessary to help you buy insurance for your business.

What classes to I have to take in order to become an insurance agent?

To become an insurance agent you should get a degree in Business or Economics. You should also familiarize yourself with the insurance field.

How long do you have to switch insurance after buying another car in Florida?

Talk to your agent to be sure

What is minimum business target of sbi life insurance agent for a year?

No such conditions. But you need to do business.

What is the role of a business development manager in insurance industry?

development was make agent grow business .

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