Paid Counts
Premium Credits
Life Compensation
Programs
Promotions
100

If a policy is processed Not Taken, what happens to the paid count?

It is reversed

100

What are the premium credits on a Final Expense policy?

1st Year Premium 

100

What are the 2 types of compensation for a life policy?


Writing and Servicing

100

What is the name of the program that allows agents to choose from multiple trips?


Ambassador Club

100

What is the name of the first Life Promotion of the year?


Fast Start

200

How many paid counts are given at issue of a Joint UL policy

2

200

 What are premium credits on a Single Premium Life policy?


5% of the single premium

200
​When does servicing comp begin for a life policy?​


2nd policy year

200

How many paid counts are required to qualify for Honor Club?


40

200

How many months is the Health Promotion running for 2024?


3 months

300

2 new term policies are written on the same insured at the same time, how many paid counts?

1

300

What are the premium credits in the 2nd year of a UL policy?


5% of the 2nd year premium

300

Payment is applied to a life policy on July 2nd, when will agent receive compensation?


End of July paycheck or 7/31

300

How many total travel credits are needed for Level 2 qualification for Ambassador Club?


69,000

300

How many paid counts needed to qualify for level one in Founder’s Life promo?


12

400
  1. What is the time rule that applies to paid counts on a UL increase?

90 Day Rule

400

What is the maximum amount of premium credit on a Commercial Group Life policy?


$4000

400

What is the compensation amount on a Select policy, AA05 contract?


20%

400

How many raw new Business Auto policies are required to qualify for SBPP?


30

400

What is the cash award for the US Bank Promo if agent achieves level 1 in the 2nd term?


$500

500

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

500

What happens to premium credits in a replacement/change of plan?


They are adjusted by the old policy

500

What happens to writing comp when a policy transfers to another agent?


It stays with the writing agent (as long as policy is active)

500

How many agents are ranked for each line of business in President’s Club?


Top 100 agents

500

What date is the award selection deadline for Founder’s Life promo this year?


Oct 28th