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Life Brokerage Carrier Commissions
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Commissions are assigned to HBW and paid as earned. Commissions and override percentages are based upon the product payout, then by your HBW level. Please allow a minimum of 4 to 6 weeks for commission statements to be received by HBW. Commission checks are processed each week on Friday and mailed no later than Monday. Please note that a minimum in $100 in commissions must be obtained before checks are generated. In addition to the following commissions, AVPs, EVPs, and NDAs receive generational overrides.
Assigned Commission Levels
| HBW Level |
NDA |
EVP |
AVP |
PAVP |
SAM |
AM |
REP 2 |
REP 1 |
| Percentage Payout |
95% |
92.50% |
90% |
80% |
70% |
60% |
50% |
45% |
Commissions and override percentages are based upon the product payout, then by your HBW level.
Example: Commissionable Premium x Product Payout x HBW Assigned Level = Commission
Banner Life Commission Table
| Product Name |
Product Payout |
| Term 30 |
85% |
| Term 20 |
85% |
| Term 15 |
75% |
| Term 10 |
65% |
| Universal Life |
70% |
GLAIC - Genworth Life Annuity Insurance Company Commission Table
| Product Name |
Product Payout |
| Term 30 |
85% |
| Term 20 |
85% |
| Term 15 |
75% |
| Term 10 |
65% |
| Term 5 |
65% |
| Universal Life |
70% |
North American Company for Life and Health Insurance Commission Table
| Product Name |
Product Payout |
| Term 30 |
90% |
| Term 20 |
85% |
| Term 15 |
75% |
| Term 10 |
70% |
| Universal Life |
90% |
United of Omaha Commission Table
| Product Name |
Product Payout |
| Term 30 |
80% |
| Term 20 |
80% |
| Term 15 |
70% |
| Term 10 |
60% |
| Universal Life |
70% |
Prudential
| Product Name |
Product Payout |
| Term 30 |
50% |
| Term 20 |
50% |
| Term 15 |
50% |
| Term 10 |
50% |
| Universal Life |
50% |
West Coast Life Commission Table
| Product Name |
Product Payout |
| Term 30 |
75% |
| Term 25 |
75% |
| Term 20 |
80% |
| Term 15 |
70% |
| Term 10 |
65% |
| Universal Life |
80% |
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