Paid Counts
If a policy is processed Not Taken, what happens to the paid count?
It is reversed
What are the premium credits on a Final Expense policy?
1st Year Premium
What are the 2 types of compensation for a life policy?
Writing and Servicing
What is the name of the program that allows agents to choose from multiple trips?
Ambassador Club
What is the name of the first Life Promotion of the year?
Fast Start
How many paid counts are given at issue of a Joint UL policy
2
What are premium credits on a Single Premium Life policy?
5% of the single premium
2nd policy year
How many paid counts are required to qualify for Honor Club?
40
How many months is the Health Promotion running for 2024?
2 months May-June
2 new term policies are written on the same insured at the same time, how many paid counts?
1
What are the premium credits in the 2nd year of a UL policy?
5% of the 2nd year premium
Payment is applied to a life policy on July 2nd, when will agent receive compensation?
End of July paycheck or 7/31
How many total travel credits are needed for Level 2 qualification for Ambassador Club?
76,000
How many paid counts needed to qualify for level one in Founder’s Life promo?
12
90 Day Rule
What is the maximum amount of premium credit on a Commercial Group Life policy?
$4000
What is the compensation amount on a Select policy, AA05 contract?
20%
How much NCM/NIF are required to earn to qualify for Level 2?
$250K
What is the cash award for the Trupanion (Pet Medical) Promo if agent achieves level 4 and if they exceed that total?
$2,500 for % Pets enrolled and an additional $500 for each pet after.
Agent replacing 3 yr old 150K term with a 50K Whole Life, will agent earn a paid count?
Yes, term is over a year old
What happens to premium credits in a replacement/change of plan?
They are adjusted by the old policy
What happens to writing comp when a policy transfers to another agent?
It stays with the writing agent (as long as policy is active)
How many agents are ranked for each line of business in President’s Club and how many qualify?
Top 300 for Ranking and Top 100 agents for qualification purposes.
What date is the award selection deadline for Fast Start Life promo this year? Are there any exceptions?
July 14th - no exceptions no changes