Comments on: IS A REFERRAL INCENTIVE PROGRAM LEGAL? http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/ Axios Financial Service Sat, 23 Jan 2010 08:37:34 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: PJ http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/comment-page-1/#comment-54 PJ Thu, 05 Feb 2009 22:21:42 +0000 http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/#comment-54 Some states have dollar limits ($10, $15 or $20). Check with your state's insurance department. They would much rather answer you now before you brake a law. I think North Carolina is strick with this stuff. Some states have dollar limits ($10, $15 or $20). Check with your state’s insurance department. They would much rather answer you now before you brake a law.

I think North Carolina is strick with this stuff.

]]> By: aaron p http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/comment-page-1/#comment-53 aaron p Tue, 03 Feb 2009 03:03:51 +0000 http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/#comment-53 Check out the article below from Jim Long. It sounds alright, but from the referrer's perspective, you might want to give them a gift card regardless since they have no control over the matter. Also qualifying what a referral is will increase the quality of the information you get - a personal note or phone call from referrer to the referred - not just a list of names and numbers. Email me if you are in the Raleigh area or East, I'd like to help more. Check out the article below from Jim Long. It sounds alright, but from the referrer’s perspective, you might want to give them a gift card regardless since they have no control over the matter. Also qualifying what a referral is will increase the quality of the information you get – a personal note or phone call from referrer to the referred – not just a list of names and numbers.

Email me if you are in the Raleigh area or East, I’d like to help more.

]]> By: mbrcatz17 http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/comment-page-1/#comment-52 mbrcatz17 Sun, 01 Feb 2009 18:17:44 +0000 http://www.axiosfinancial.com/is-a-referral-incentive-program-legal/#comment-52 I think this is a form of rebating, as you ONLY give the gift card if you write the account, AND, it's not like a "finders fee" that you only pay to licensed agents. That's my gut feeling - but check with your local agents association and get their feedback as well. Heck, call your state insurance department anonymously, and ask THEM. I think this is a form of rebating, as you ONLY give the gift card if you write the account, AND, it’s not like a “finders fee” that you only pay to licensed agents.

That’s my gut feeling – but check with your local agents association and get their feedback as well. Heck, call your state insurance department anonymously, and ask THEM.

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