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SIGNIFICANT CUSTOMERS

3 Months Ended

Mar. 31, 2022

Risks and Uncertainties [Abstract]

SIGNIFICANT CUSTOMERS

NOTE 10. SIGNIFICANT CUSTOMERS

Customers and IM Customers representing 10% or more of total revenue are presented in the table below:

SCHEDULE OF CONCENTRATIONS OF REVENUES 

		For the three months ended March 31,
Insurance Carrier		2022				2021
BlueCross BlueShield			10	%			22	%
Priority Health			30	%			35	%
LTC Global			25	%			-	%

No other single Customer or IM Customer accounted for more than 10% of the Company’s commission revenues. The loss of any significant customer, including Priority Health, BlueCross BlueShield and LTC Global could have a material adverse effect on the Company.

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- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-URI https://asc.fasb.org/topic&trid=2134479

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- References

No definition available.

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