Tier 1 – Agency Commission Income Equal to and Between $0 and $149,999.
Agency receives 100% of Earned Commission less 16% of Earned Commission monthly charge.
(One-time Deposit equal to monthly fee for selected technology package times 6 months)
Tier 2 – Agency Commission Income Equal to and Between $150,000 and $249,999.
Agency receives 100% of Earned Commissions less 12% of Earned Commission monthly chargeuntil agency rolling 12-month commission exceeds $250,000 at which point the agency willpromote to Tier 3.
Tier 3 – Agency Commission Income Equal to and Between $250,000 and $499,999.
Agency receives 100% of Earned commission less 10% of Earned commission monthly charge.
Tier 4 – Agency Commission Income equal to or greater than $500,000.
Agency receives 100% of Earned Commission less 8% of earned commission monthly charge.
* All Agency Commission Income Calculated on a Rolling 12 Month Basis.
70% of any contingencies received based on a pro-rata basis of your production vs. the entire paying insurance company production. Minimum Annual Agency Commission Income of $50,000 to qualify.
Referral Rewards Program Compensation
1st Level 1.00%2nd Level 0.20%3rd Level 0.10%4th Level 0.10%5th Level 0.15%6th Level 0.20%7th Level 0.25%
All figures above are a % of new and renewal commission
Agency retains 100% of all policy fees and premium finance compensation earned or charged byAgency.
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Document Name: Compensation
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