Member Benefits: Elite Membership

How much are you paying your existing GA for their services?

Nothing? ... Think Again!

Example:

20 yr term = 135% Total Commission.
85% of that Commission is paid to YOU!

The remaining 50% Commission is paid to your General Agent!
Assuming the annual commissionable premium on this case is $1,500.00; you paid your GA $750.00 to process this application!

If you write 20 cases with the same average premium of $1,500.00, you are paying your GA $15,000.00 per year!

Cost and Revenue Comparison Grid

This is how much your revenue will increase by becoming an Elite Producer:

If you earn $96,300 under your current comp. schedule for your UL business, you will earn $148,280 as an Elite Producer. This equates to a $51,980 revenue increase!
UL LIFE PRODUCTS	Your Current Comp.	Comp. as an Elite Producer	Revenue Increased	Annual Paid Premium	Your Current Revenue	Revenue as an Elite Producer	Annual Revenue Increased
CARRIER A	85%	110%	25%	$25,000	$21,250	$27,500	$6,250
CARRIER B	90%	120%	30%	$32,000	$28,800	$38,400	$9,600
CARRIER C	85%	109%	24%	$10,000	$8,500	$10,900	$2,400
CARRIER D	50%	103%	53%	$50,000	$25,000	$51,500	$26,500
CARRIER E	85%	104%	19%	$5,000	$4,250	$5,200	$950
CARRIER F	90%	102%	12%	$2,500	$2,250	$2,550	$300
CARRIER G	75%	101%	26%	$1,000	$750	$1,010	$260
CARRIER H	50%	102%	52%	$11,000	$5,500	$11,220	$5,720
Grand Total	76.25%	106.38%	30%	$136,500	$96,300	$148,288	$51,980

 

Term Life Example:

Based on an AM Best Rated Excellent Carrier- 20 yr Term Life

You may be earning between 85% to 95% commission.
We will pay you as high as 129%

Annuity Example: Income Annuity Product

Based on an AM Best Rated Excellent Carrier- 10 Year Walk away

You may be currently earning 7.50%.
We will pay you as high as 9.5%

Backroom Support includes and is not limited to Sales Support, Case Design, Underwriting, Pre Application Services, Contracting, New Business Support and more.