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<br /> <br />Commission schedule <br /> <br />All commissions are expressed as a percentage of paid premium. Agents may elect to split <br />commissions with other agents and/or enrollment entities who agree to perform mutually agreed <br />upon enrollment services. The agreed upon commission splits are reflected as a split of premium <br />and will show as such on the commission statements. <br /> <br />The Workplace Voluntary Benefit plans listed are Vested Commission Policies, as defined in the <br />Group Producing Agent or Agency Contract and amendments. <br /> <br />After each policy in this Workplace Voluntary Benefits Commission Schedule is a number, usually <br />four or five digits, in parenthesis. This number is the policy form number which is found on the <br />policy and the marketing materials for the policy. Commissions shall be paid based upon the policy <br />number as identified in this Workplace Voluntary Benefits Commission Schedule. <br /> <br />Variations on commissions: <br />In order to be flexible in the workplace market, we have three separate commission variations on many <br />of our products. The Agent is allowed to select what type of commission payment they would like to <br />have per group by indicating their selection on the New Case Commission Amendment (Form 4413). <br /> <br />Standard or high/low-this is the normal commissions offered with a high first year and a lower <br />renewal rate. This allows the most commissions up front to help offset enrollment expenses. <br /> <br />Levelized-this allows the commission stream for an Agent to remain even for a period of time as <br />defined in this Workplace Voluntary Benefits Commission Schedule. This allows for more stability in <br />the commission flow for an established Agent. <br /> <br />Combination-this is a mixture of the standard and levelized commissions. This mixture allows for a <br />higher first year commissions with more level renewal commissions. <br /> <br />Underwriting terminology: <br /> <br />51 Simplified Issue <br /> <br />CGI Contingent Guaranteed Issue <br /> <br />GI Guaranteed Issue <br /> <br />IJoNB 4.0 S_8I09 <br /> <br />Workplace Voluntary Benefits I Commission schedule <br />