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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 www.SteveShorr.com

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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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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.


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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.


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