Life Insurance Compensation

Most Life Insurance company commissions are assigned to and paid by HBW. In most cases please allow 1-2 weeks for commission statements to be received by HBW from the carriers to then be processed in our commission run.

Commissions which are paid by HBW are processed weekly. You will see notices in each carrier section whether HBW pays the compensation or it is paid directly from the carrier. You will be able to see your commission statement online through the personal “Login” section of our site as of Thursday evening to reflect what compensation was processed for you during that given week. If you are set up on direct deposit with HBW your funds will deposited into your account that Friday, if you are still receiving a paper check it will be mailed out on Friday*. We highly recommend that you set up an HBW direct deposit to avoid mail delays, the possibility of stolen checks and of course not having to make a trip to the bank. Please see the “Forms” sections for the HBW direct deposit forms.

The above is the case for compensation unless a Holiday takes place to alter the schedule. We will send a notification to the field should this occur.

*Please note: A minimum amount of $100 in commissions must be obtained before compensation will payout.