The Agency Builder System;
Bonus Commission above $2880 (Above GA)
Once you write and place (NSC) $2880 each year at the GA
level (about 2 week’s production for most agents) you are qualified to start
earning overrides! Qualify only one time
each calendar year!
GA level commissions average about 100%. Now that you have quickly issued that first
$2880, you will earn more than GA commission. If you write and issue more than $2000 in commission per month at the GA
level, you will earn, with bonus commissions, on a scale comparable to an agent
writing $30,000 a month. Almost all
agents with ABS issue more than $2000 in life and annuity commission at the GA
level per month…many at $10,000 and more. If will do this, we want you.
Example: You write a
policy that pays a GA commission of 100% for $240 a month and it is issued and
paid for the first month. ABS will
annualize the commission for credit toward the $2880. This means you have met
your base requirement for the year. $240
x 12 = $2880.
Now, instead of the override commissions going to the
override system, they are paid to you based on your monthly production
level. If you produce a total of $2000 a
month (NSC) you will receive the maximum new business override commission. Commission total is the total of all
companies combined.
See the chart below. These are actual numbers of companies we represent.
|
Company
1 |
Company
2 |
Company
3 |
Company
4 |
Company
5 |
Company
6 |
Company
7 |
Company
8 |
NSC / Month |
Mort Term |
Mort Term |
Term |
Index UL |
Term |
Term & UL |
DI |
Term & UL |
$2000 + |
130% |
130% |
123% |
116% |
112.0% |
112.0% |
75.0% |
112.0% |
$1500-$1999 |
124% |
124% |
119.4% |
115.4% |
109.6% |
109.6% |
72.0% |
109.6% |
$1000-$1499 |
118% |
118% |
115.8% |
111.5% |
107.2% |
107.2% |
69.0% |
107.2% |
$500-$999 |
112% |
112% |
112.2% |
107.7% |
104.8% |
104.8% |
66.0% |
104.8% |
$0-$499 |
106% |
106% |
108.6% |
103.8% |
102.4% |
102.4% |
63.0% |
102.4% |
GA Level |
100% |
100% |
105% |
100% |
100% |
100% |
60% |
100% |
|
|
|
|
|
|
|
|
|
|
Company
9 |
Company
10 |
Company
11 |
Company
12 |
Company
13 |
Company
14 |
Company
15 |
Company
16 |
NSC / Month |
Annuity EIA |
Term/UL
|
No MedTerm to $250,000 |
Senior Term |
Simplified WL |
Senior WL and SPWL |
LTC
|
No Blood Term & UL To $500,000 |
$2000 + |
11.20% |
104.00% |
115.00% |
113.00% |
115.00% |
112.00% |
83.00% |
110.00% |
$1500-$1999 |
10.96% |
99.20% |
112.00% |
109.40% |
112.00% |
109.60% |
79.40% |
107.00% |
$1000-$1499 |
10.72% |
94.40% |
109.00% |
105.80% |
109.00% |
107.20% |
75.80% |
104.00% |
$500-$999 |
10.48% |
89.60% |
106.00% |
102.20% |
106.00% |
104.80% |
72.20% |
101.00% |
$0-$499 |
10.24% |
84.80% |
103.00% |
98.60% |
103.00% |
102.40% |
68.60% |
98.00% |
GA Level |
10% |
80% |
100% |
95% |
100% |
100% |
65% |
95% |
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