Working on rough conservative business plan for using DM F2F to sell med supps in boonies. I've heard about 10% of new agents are around sfter two years in insurance.
20 DM leads/week
$30/ lead
15% close ratio(very conservative)
10% lapse ratio
$250/policy commission
20 leads 15% close = 3 policies x $250 = $750 - 10% = $675 income.
Lead cost =$30*20=$600
Vehicle mileage cost = $0.15/mile for 2005 Prius. Maybe 20 miles/lead = 400 miles = $60.
$675-600-60=$15.
As long as government doesn't end med supps.
be angrified if gov ends med supps. Makes me almost want to con
Source of insurance-forums.net
20 DM leads/week
$30/ lead
15% close ratio(very conservative)
10% lapse ratio
$250/policy commission
20 leads 15% close = 3 policies x $250 = $750 - 10% = $675 income.
Lead cost =$30*20=$600
Vehicle mileage cost = $0.15/mile for 2005 Prius. Maybe 20 miles/lead = 400 miles = $60.
$675-600-60=$15.
As long as government doesn't end med supps.
be angrified if gov ends med supps. Makes me almost want to con
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