For agent use only
As Earned compensation Monthly and annual premiums
Agents on As Earned compensation will continue to be paid in monthly installments as recurring premium payments are received. Comp on recurring annual premiums is paid in 12 equal payments over the first policy year.
Compensation example Assumptions: $12K annualized premium | 100% comp
Premium
Comp payments
Comp total
$1,000/monthly
$12,000
$1,000/mo. months 1–12
$12,000
$12,000/annually
$1,000/mo. months 1–12
Interested in moving to Advance Pay terms? Higher production and better persistency can lead to more favorable comp terms. Ask your upline or agency head what you can do to reach advance pay compensation tiers.
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