FAQ (Frequently Asked Questions)

Technically, anyone can call themselves a FMO or an IMO, so be careful. FMO stands for field marketing organization and IMO stands for independent marketing organization. Based on the traditional definition of a FMO or IMO, where the organization provides various types of support for agents; yes you could consider VIP a FMO or an IMO.

$0. We don't charge you anything to be an agent with us.

In insurance, there are tiered commission levels. The larger you are, the higher commission rate you get. We make overrides based on your performance and success. Instead of charging you upfront fees, we only make money when you sell. The more successful you are, the more successful we are. The tiered commission levels also apply to you, the larger you get the more money you can make for doing the same work. Please review the compensation page for more information about this. There are no limits on how much you can make and we work with you over time to maximize your income.

To become a health insurance agent, just register for a new account and the system will walk you through the steps to become an agent.

Being an independent agent, you control your own work schedule and your activities; however we do have some proven recommendations to increase your success. If you treat this like a regular job where you work certain hours each day and you are disciplined, then you will get the most out of it. Most busy agents spend the majority of the day on the computer/phone, working new leads, following up on leads, generating quotes, and writing policies. Depending on what your overall marketing strategy is, you might be doing other activities throughout the day like local networking or online networking.

First step to becoming an agent is having your Life and Health producer licenses in the State you live in. We only work with licensed agents. Once you are licensed, then you can join the team and learn the rest. Here are some additional things that you will need before you can start selling: Computer (two monitors recommended) Phone (either soft phone or cell phone) E&O Coverage (errors and omissions)

There is no limit to how much you can make. In 2021, our top 500 active agents averaged over $100k, our top 250 active agents averaged about $174k, our top 100 agents averaged about $299k, and our top 10 agents averaged $856k.

If you look around the industry, the expected first year income for most health insurance agents is only between $60k and $80k; and that's if you are good. We provide you the tools and resources to do better than that. VIP founder and agent mentor, Robert Falk, will show you how he made over $100k in his first 12 months of being an independent health insurance agent.

No. In fact, as a new agent, you most likely aren't ready to be recruiting other agents. If you know of someone who would like to become an agent, just send them our way and we will train and mentor them for you. Then when you are ready to be a leader, we will transfer them to your team.

No, We do not charge you interest on your commission advances. You can get an advance on commissions at no charge.