If you take over / become broker of record on someone’s life insurance policy do you get commission or trails on it?

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I’m not familiar with trails on Life Policies. I’m pretty sure all commissions are paid up front. On VA’s, many have trails, so yes. On the other hand, I have become broker of record on Life Policies knowing their would be no trail, just to provide Holistic advice and make the relationship more sticky.

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Answer could be yes or no. Depends on what channel you work for, if the policy is still active, and how the policy was originally set up. If you work for a retail bank, often times you don’t get anything. Logic is you didn’t do anything to sell the policy, etc.

In the bank you get the trails

Source: am bank channel

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