Commission Purchase FAQs
LTC Advance purchases renewal commissions from agents and agencies for a one-time lump sum payment.  With no strings attached, we worked to get YOU the hard earned capital YOU deserve. Below are a few of our frequently asked questions:
  • What is the process? To get started, a commission specialist will need to review your commission statements.  Based on the commission statements, your commission specialist will be able to evaluate your book of business and provide an offer.  If the offer is accepted, a wire transfer is released directly to your account - No fees or closing costs!
  • What does it cost and are there any obligations?  The process starts with a free, no obligation valuation of your book.  What have you got to lose?  With just a little information we can provide you with the tools necessary to help you decide what is best for you.
  • How long will it take to get an offer?  Depending on the size of your book of business, an offer can be generated in 2-3 business days.  And how long will it take to get paid? LTC Advance will work at the pace you are most comfortable with.  While some things like carrier assignments are out of our control, a typical deal can close from start to finish in about 2 weeks.
  • Why do producers sell their renewals?  Agents and agencies all have unique circumstances that make selling their renewals profitable.  Many need capital for business expansion and exploration into new product lines.  Others need cash to pay things like mortgages, taxes, tuition, and many of life's other expenses. Want to learn more?
  •  What is the purchase price based on?  LTC Advance will gather pertinent information from your statements like issue age, gender, duration, policy type, and benefits.  The information is then run through our proprietary actuarial software that prices out each individual insured.
  • Do you buy other lines of business?  While we pride ourselves in being LTC specialist, just ask and we'll take a look at your book.
Still have questions or want to learn more?  Give us a call, 239-822-2512 

Sell my renewal commissions