Producers Can Earn Bonuses With Fully Underwritten Platinum Advantage
Your producers' success in selling Platinum Advantage Individual Disability Insurance coverage can increase their earning potential.
Here’s How the Program Works
This Producer Renewal Bonus is payable only on fully underwritten Platinum Advantage. And producers can reach the thresholds with any of The Standard’s fully underwritten products.
With this program, they also have the potential to earn service fees after year 10.
- Producers are paid first-year commission on all new, fully underwritten products.
- They receive a vested base renewal of 5% in years 2-10, regardless of sales volume.
- If they sell more than $25,000 in a calendar year, The Standard pays an added 5% renewal bonus, for a total of 10% in years 2-10. We also pay 2% services fees after year 10.
- If they surpass $50,000 in a calendar year, The Standard pays an added 10% for a total of 15% of vested renewals in years 2-10 and 2% in services fees after year 10.
Platinum Advantage offers your clients income protection. It allows producers to expand their bonus as they increase sales. Share the Producer Renewal Bonus flyer with your producers.
Contact your regional director for more information about the Producer Bonus Program.
For Producers Only
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