Compensation
Two separate payments ● Accidental Death: Comp released the business day following the policy status change to Premium Paying ○ Payment is settled to the agent (if the agent is paid by Ethos directly) or agency (if otherwise) the business day thereafter. ● TruStage Advantage Whole Life: Comp released the business day following the policy status change to Premium Paying. Ethos holds the transition of policy status to Premium Paying for 5 days from the payment date that was selected. ○ Note: If the payment date selected is on a weekend, payment will be processed on the next business day. ○ Payment is settled to the agent (if the agent is paid by Ethos directly) or agency (if otherwise) the business day thereafter. Comp details ● If paid directly by Ethos, go to your Earnings tab in the agent portal ● If paid by your agency, ask your upline or comp team Lapse ● If one policy lapses, the other policy remains active as long as premium payments are made. Chargebacks will only be assessed on lapsed policies. ● If either policy lapses within the first 6 policy months, a 100% chargeback policy applies to the lapsed policy.
ethos.com
11
Made with FlippingBook - professional solution for displaying marketing and sales documents online