Keep In Mind These End-of-Year Details
We want to help you end 2022 on a high note. Let’s review your bonus plans, Preferred Occupation Discount for your clients and deadlines for submitting policies.
Increase Your Bonus in the Next Month
You still have time to increase your bonus with The Standard’s Producer Renewal Bonus Program. With this program, you earn bonuses on fully underwritten Platinum Advantage sales. Make sure you maximize your bonus over the next few weeks.
Check out the Producer Renewal Bonus flyer.
Don’t Forget About Premium Discounts
Your clients can take advantage of available premium discounts on Platinum Advantage coverage. For instance, our Preferred Occupation Discount is available to certain 5A occupations. And we recently added attorneys, including judges with a law degree, to the Preferred Occupation Discount.
Take a look at our article Attorneys Join Platinum Advantage Preferred Occupations. Or check out our flyer about combining discounts, Offer Exceptional Value With Premium Discounts, to provide pricing for your clients.
End-of-Year Processing
Mark your calendar with important dates that impact your commission and delivery cutoffs as well as The Standard’s schedule for holiday closures.
End-of-Year Commission Date
The year-end commission cutoff date will be Dec. 27, 2022. We'll make every effort to place your business in force before this date. We'll pay commissions on policies placed in force after Dec. 27 during the mid-January 2023 commission cycle.
Policy Delivery Requirements
We guarantee that all pending policies with complete and compliant delivery requirements received at our home office by noon Pacific on Tuesday, Dec. 27, will be placed in force by the end of that business day, the commission cutoff date.
For outstanding delivery requirements, access your Policy Inquiry account. To create a Policy Inquiry account, please contact your General Agent.
Office Holiday Closures
The Standard will close Nov. 24–25 for Thanksgiving.
We will also close Dec. 23 and 26, 2022, and Jan. 2, 2023.
For Producers Only