Set up Direct Deposit; *Direct Deposit is not required if you wish to receive a Hard Check. However, it takes a few days longer to get paid through payroll checks & they will charge you an extra $10. Call Agent Services to Verify your form was received (770)246-9889 (Click on link below) Direct Deposit Form The Fax number is provided on the form.
Set up your Errors & Omissions Insurance (E&O);State Requirement Login to the WFG Website (click on link below) https://www.mywfg.com/Users/Account/AccessDenied?ReturnUrl=%2f *Click on- Tools *Click on- Administration & Compliance *Click on- E & O Payment (US) *Click on- US- Manage E&O Recurring (Monthly) Payments Submitting more than 2,000 points waives the $30 E&O fee; If you submit 6,000 points your E&O is waived for 3 months. *If you choose to have your E&O deducted from your commissions, you will not be eligible for the waiver for 2,000 points & they charge an extra $10 ($40 total per month). It is better to have it deducted through your credit card or debit card. Verify that you are ready to submit business & GET PAID!!! Login to the WFG Website (click on link below) https://www.mywfg.com/Users/Account/AccessDenied?ReturnUrl=%2f *Click on- Tools *Click on- Licensing & Appointments *Click on- View All License & Appointment Information
You should see your Life License Active, Anti Money Laundering Active, Equity Index Universal Life (IUL) - All courses must show Active in order to get paid.
For Providers- you should see Western Reserve Life Active, Transamerica, Nationwide Active. You may only be paid on the providers that show active (It could take about 1 week after you FAX paperwork to show in the computer)
*It is important to know that if your team writes a piece of business with a provider that you are not appointed with, you will not receive a supervisor override.
It is your responsibility to Call Agent services and confirm all the documents were received, they will walk you through the process if necessary; If the appointments are not showing, call Agent Services to make sure appointments and a copy of your licensed was received (or) if you have any other questions: Agent Services (770) 246-9889.
Congratulations you have completed the Licensing Process & are ready to earn an income & build your Financial Services Business!