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Friday, 29th August, 08

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What is the sixth largest bank?

The sixth largest in the United States is Morgan Stanley, New York The sixth largest bank in the world is Industrial & Commercial Bank of China Limited, Beijing, China


Who is the sixth richest person in America?

Mr. Rex Maughn who is founder and CEO of forever living products


What does due within six days mean?

You must pay what you owe, or return an item not past the sixth day after 12:00 midnight


Is the 8 dollar bill real?

Not today, but during the time of the Revolution there were many denominations of bills in America including such odd amounts as $8, one-sixth of a dollar, and others.


Is there commission for primerica?

Answer 1:There are different sales levels in Primerica and every person who joins Primerica starts at the beginning.The first level is Representative. Reps earn 25% commission on life insurance sales. If the average annual premium that a client pays is $1000/year, you will earn $250.The second level is Senior Representative. Senior Reps earn 35% commission on personal life insurance sales and 10% overrides on all sales made by Representatives. If you did the work by yourself, you earn $350. If you have a Rep who did the work, the Rep will earn $250 and you will earn $100.The third level is District Leader. Districts earn 50% commission on personal life insurance sales, 15% override on Senior Reps, and 25% override on Reps.The forth level is Division Leader. Divisions earn 60% commission on personal life insurance sales, 10% override on Districts, 25% override on Senior Reps, and 35% override on Reps.The fifth level is Regional Leader. Regional Leaders earn 70% commission on personal life insurance sales, 10% override on Divisions, 20% override on Districts, 35% override on Senior Reps, and 45% override on Reps.The sixth level is Regional Vice Presidents. RVPs earn 95% commission on personal sales plus bonuses. They also earn 25% override on Regional Leaders, 35% overrides on Divisions, 45% overrides on Districts, 60% overrides on Senior Reps, and 70% overrides on Reps.Higher levels include Senior Regional Vice President (which mean they override at least 2 RVPs), National Sales Director (which overrides at least 3 RVPs), and Senior National Sales Director (which overrides at least 6 RVPs). Every RVP that earns $120k/year gives you annual income between $50,000 to $70,000 from each RVP.I only went over the life insurance structure. Primerica also does mortgages, debt elimination loans, investments, individual retirement plans, business retirement plans, education funds, prepaid legal, auto & homeowner's insurance, and long term care. All which you can also earn overrides as well.Answer 2:RVPs earn 95% commission on personal sales? So that $1,000 per year life insurance policy spoken of is only worth $50 a year? With the other $950 free to go to the RVP?The point of life insurance is that your loved ones are cared for when you die. Not that they get a rejection letter from a company that probably doesn't want to pay out $100,000 for a policy that only earned them $50 a year for five, ten or even twenty years!I mean, really, they would either have to have a fantastically high rejection of claims rate, or rapidly go out of business! And guess what? They're still in business!

Related Questions

Has implementation of the Sixth Pay Commission notification been issued?

Yes the implementation and notification has been signed and is uploaded on the net.


Whether the new ACP order issued as per sixth pay commission?

What About the ACP in 6 cpc


When was The Sixth Finance Commission created?

The Sixth Finance Commission was created in 1973.


When was Sixth Central Pay Commission created?

Sixth Central Pay Commission was created in 2006.


New pension of honorary lieutenant commission in sixth pay commission?

new pension of honorary lieutenant in sixth pay commission


Where can you download the Sixth Pay Commission Report of India?

To download the Sixth Pay Commission Report, see the Related Link.


What is the latest pay scale of UDC as per sixth pay commission?

the pay scale of udc on implementation of 6th CPC is Pay Band - Rs. 5,200-20,200/- & Grade Pay - Rs. 2,400/-


What will the pgt teacher grade after sixth pay commission?

What is the pay scales and grade pay of pgt teacher in u.p after sixth pay commission


Where can you find information regarding the Sixth Pay Commission of railway staff?

For information regarding railway staff and the Sixth Pay Commission, see the Related Link.


When will the Sixth Pay Commission be implemented?

it will be implemented from september.


What about sixth Central Pay Commission?

Retirement gratuity


What is the uniform allowance of nursing staff in sixth pay commission?

The uniform allowance of nursing staff in sixth pay commission is the forth Sunday every other March.