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	CARRIER A	CARRIER B	CARRIER C	CARRIER D	CARRIER E	CARRIER F	CARRIER G	CARRIER H	GRAND TOTAL
Your Current Comp.	85%	90%	85%	50%	85%	90%	75%	50%	76.25%
Comp. as an Elite Producer	110%	120%	109%	103%	104%	102%	101%	102%	106.38%
Revenue Increased	25%	30%	24%	53%	19%	12%	26%	52%	30%
Annual Paid Premium	$25,000	$32,000	$10,000	$50,000	$5,000	$2,500	$1,000	$11,000	$136,500
Your Current Revenue	$21,250	$28,800	$8,500	$25,000	$4,250	$2,250	$750	$5,500	$96,300
Revenue as an Elite Producer	$27,500	$38,400	$10,900	$51,500	$5,200	$2,550	$1,010	$11,220	$148,288
Annual Revenue Increased	$6,250	$9,600	$2,400	$26,500	$950	$300	$260	$5720	$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.