Get What you Want — Not Just What You Need
Our producers can receive the following:
- First-year commissions
- Agent Financing Program - Nationwide offers a financing plan based on a producer's production history and achievement of production benchmarks. The Agent Financing Program pays up to a maximum of $36,000 per year for qualified producers. No subsidy received under this program shall be used by the producer to effect compensation in excess of the limits of Section 4228 of the Insurance Law of the State of New York. For more information please contact the nearest managing partner.
- Expense Allowance Payments (EAPs) to help offset normal business expenses.
- Renewal commissions - If the producer maintains excellent persistency and continues to validate their contract, the producer is eligible for higher commissions up to two times the base amount.
- Asset-based trail commissions and renewal fees
- In-force allowance - For producers who maintain excellent persistency, the company recognizes the additional cost to the producer of servicing this business; depending on the amount of permanent life insurance in-force, the annual allowance for administrative support will range from $4,000 to more than $50,000, with no ceiling on the amount a producer can receive.
- Vesting of renewal commissions after five years of validated contract.