Q: If I use TSG Premium Finance, will I receive additional commission?
A: Yes, for additional information, please contact Veronica Alcala at TSG Premium Finance. Call (210) 524-7100 or email us.
Q: Will I receive commission for my personal lines policies financed with TSGPF?
A: No. The Texas Insurance Code prohibits compensation to be received for personal lines policies.
Q: Is this incentive retroactive?
A: The commission incentive program begins the day you sign up. Unfortunately, we are unable to pay on previously financed policies as those quotes indicate specific calculations that did not recognize your commission.
Q: Will I be notified when my agency has been set up to receive commission?
A: Yes, you will receive an email notification confirming your agent account has been activated to receive commission. The email will include a direct deposit form which must be completed to receive your commissions each month. Click here for the commission form.
Q: When will I receive my commission?
A: Once the insured has paid the first installment, we will issue your full commission amount the following month.
Q: When will the direct deposit post to my bank account?
A: Between the 5th – 7th of each month.
Q: If I owe TSGPF money for unearned commissions, how will that be handled?
A: TSGPF will debit your account for any unearned commissions due for the month. We will debit the account you have set up for the direct deposit. You will receive email notification on the 2nd of the month (or next business day) informing you of the amount of the debit. The debit will occur between the 5th – 7th, allowing sufficient time for you to ensure funds are available.
Q: What happens if I change banks or close my account?
A: As soon as you know that you will be closing or changing your account, send in a new authorization form. We will update your account information before your next deposit date.
Q: Who do I contact if I have any further questions regarding this program?
A: You can contact Veronica Alcala at TSG Premium Finance. Call (210) 524-7100 or email us.
