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Reso 2011-1814
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Reso 2011-1814
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Last modified
12/21/2011 2:43:56 PM
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12/21/2011 2:43:56 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2011-1814
Date (mm/dd/yyyy)
12/15/2011
Description
Continue Brown & Brown as Medical Insurance Broker for 2012 Plan Yr
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<br /> <br />Commission schedule <br />Level Term Life (Group Aegis) (7003) <br />Policy Standard Standard Combination Combination Level Level <br />Year 5,10,15 20,30 5,10,15 20, 30 5,10,15 20,30 <br />1 75% 85% 52% 57.5% 20% 23% <br />2-5 8% 8% 16% 18% 20% 23% <br />6+ 3.5% 3.5% 9% 9% 20% 23% <br /> <br />Disability products <br /> <br />Disability Income Plus (8014) - Enhanced Version <br /> <br />Policy No Takeover 1-50% Takeover 51-100% Takeover <br />Year Standard Combo Levelized Standard Combo Levelized Standard Combo Levelized <br />1 65% 55% 28% 56% 44% 23% 41% 31% 19% <br />2-5 8% 14% 28% 8% 14% 23% 8% 14% 19% <br />6-10 8% 8% 28% 8% 8% 23% 8% 8% 19% <br />11 + 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% <br /> <br />NOTE: If case uses increase premium option for takeover, use No Takeover commission rates. <br /> <br />Disability Income Plus (8014) - MI & NH - Enhanced Version <br />policy No Takeover 1-50% Takeover 51-100% Takeover <br />Year Standard Combo Levelized Standard Combo Levelized Standard Combo Levelized <br />1 65% 55% 28% 57% 47% 25% 50% 41% 21% <br />2-5 8% 14% 28% 8% 14% 25% 8% 14% 21% <br />6-10 8% 8% 28% 8% 8% 25% 8% 8% 21% <br />11+ 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% <br /> <br />NOTE: If case uses increase premium option for takeover, use No Takeover commission rates. <br /> <br />Disability Income Plus (8014) - CO - Enhanced Version <br />Policy No Takeover 1-50% Takeover 51-100% Takeover <br />Year Standard Combo Levelized Standard Combo Levelized Standard Combo Levelized <br />1 54% 42% 23% 42% 30% 18% 30% 17% 12% <br />2-5 8% 14% 23% 8% 14% 18% 8% 14% 12% <br />6-10 8% 8% 23% 8% 8% 18% 8% 8% 12% <br />11+ 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% <br /> <br />NOTE: If case uses increase premium option for takeover, use No Takeover commission rates. <br /> <br />Disability Income Plus (8014) - VT - Enhanced Version <br />Policy No Takeover 1-50% Takeover 51-100% Takeover <br />Year Standard Combo Levelized Standard Combo Levelized Standard Combo Levelized <br />1 56% 47% 22% 43% 34% 18% 30% 21% 13% <br />2-5 5% 9% 22% 5% 9% 18% 5% 9% 13% <br />6-10 5% 8% 22% 5% 8% 18% 5% 8% 13% <br />11+ 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% <br /> <br />NOTE'. If case uses increase premium option for takeover, use No Takeover commission rates. <br /> <br />3 <br /> <br />Workplace Voluntary Benefits I Commission schedule <br /> <br />IINB 4.0 5_8109 <br />
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