FAQ

	Who is ACCESS Capital Group? ACCESS Capital Group, LLC is a financial services company created to assist professional insurance agents and agencies in acquiring capital through the purchase of their future renewal commissions. Our professionals have over 30 years of combined experience in the insurance industry with a specialized expertise in the individual life and health insurance markets.

	Why *ACCESS Capital Group? ACCESS Capital Group* is a company built by people just like you – the insurance agent. We understand the challenges agents deal with on a daily basis. We especially understand the needs of agents and agencies for capital and the obstacles they face in acquiring that capital. Our professionals have built a proprietary valuation model and developed a process that provides the most accurate market value of your book of business. Our experienced team will guide you through the process step by step and work to tailor a transaction around your financial needs.

	What types of renewal commissions do you purchase? ACCESS Capital Group focuses on the ever expanding senior life and health insurance market. Specifically, we look to purchase commissions generated by the following product lines: Long-Term Care Insurance Medicare Supplement Critical Illness & Cancer Insurance Disability Insurance Final Expense Life Insurance Whole Life Insurance Supplemental Health Insurance

	What information do you need to value my business? ACCESS Capital Group’s valuation process is simple and straightforward. All we need to get started is the following information: Your prior 12 months commission statements A copy of your agent contract(s) and commission schedule(s) Copy of your agent insurance license The valuation process also takes into account other factors in determining the appropriate value of your book of business. For example, we analyze the type of products, ratings of the insurance carriers, age of the policyholders, and historical persistency on similar types of products.

	How long does it take to value my business and make an offer? There are five primary steps necessary to complete a valuation and close a transaction: Step 1: Gather necessary commission documentation Step 2: Provide a customized valuation Step 3: Acceptance of the offer and completion of required paperwork Step 4: Process the assignment of commissions with insurance carriers Step 5: Transaction closing Each step will take several days to complete. Typically the entire process takes between 2-4 weeks.

	Is the capital provided a loan? The capital we provide is not a loan - there are no monthly principal or interest payments. ACCESS Capital Group purchases the renewal commissions, and as a result the risk of policies non-renewing is then transferred to *ACCESS Capital Group.* As part of a customized valuation, we do offer a re-purchase option which provides the ability to re-purchase your renewal commissions at specified future points in time.

	Can I still have contact with my clients? Absolutely! In fact, we encourage it. Your clients will not see any change in their relationship with you, or their insurance company. Everything from the client’s viewpoint is “seamless”. As part of the transaction, ACCESS Capital Group will continually monitor the persistency of your business and ensure that it performs as anticipated. ACCESS Capital Group will provide reports on the performance of the business and any information necessary to ensure the clients are serviced appropriately.

	Do you offer a referral program? ACCESS Capital Group has an excellent referral program that provides you the opportunity to earn additional income with very little effort. Contact us to find out more about this program and become a referral partner today.

Access Capital Group offers a great opportunity for our referral partners to earn additional income by referring other agents and agencies to Access Capital Group. It's simple to become of our referral partners, here's how it works:

	Step 1: Log on to our client area and download a copy of our referral agreement in the public files section of your account. (You can also contact us to request a agreement be sent to you directly)

	Step 2: Sign the agreement and return via either fax, email, or download to your account.

	When is my referral fee paid? Upon closing of a transaction for the referred agent, the referral fee will be paid within 2 business days along with an referral fee statement.