Liberty Bankers: Agent Quality and Production Bonus Program

Agent Quality and Production Bonus Program

Liberty Bankers Life Insurance Company/Capitol Life Insurance Companies (LBL) will make available to Gold and Platinum agents a bonus program designed to reward you for good quality business.

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Qualification:

• Agent must be Gold or Platinum status during the bonus period.
  • Gold status = agent persistency of 70% or higher as reported on your persistency report.
  • Platinum status = agent persistency of 75% for 13-monhts, 60% for 25 months, plus issue a minimum of $3,000 annualized premium in each quarter.
• Agent must have issued a minimum 10 net policies for the month in order to qualify.
  • Net policies equal the number of policies issued minus those not taken or cancelled before the first premium is received.
  • Example: in a particular month, a gold agent issues 16 policies, but has 2 policies not-taken. As a result, the gold agent has 14 net issued policies for that month.

Bonus:

• For each net issued policy for the month, LBI will credit you with $30. Agents can now earn an extra $300 or more each month.

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Earning Gold Agent Status Has Other Benefits:

• Earn a 50% on 2nd, 3rd, and 4th year renewal commissions!
• Receive 50% convention roll-over for any unused premium!

Earning Platinum Agent Status Has Other Benefits:

• Earn a 75% on 2nd, 3rd, and 4th year renewal commissions!
• Receive 60% convention roll-over for any unused premium!

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Not all products are available in all states. For information about your state, please contact 800-731-4300. For Agent use only. This piece is not intended to create public interest in an insurance company, insurance product, or an insurance professional.

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