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Producer Paycheck

Over the next 12 months, FIG will invest millions of dollars in our Producer Paycheck Reward Program. Write any annuity, life, or long term care business with us and we will pay you additional dollars on top of your GA contract.

Qualifying for the Producer Paycheck Reward Program is earned each year and is based on an advisor’s personal production with Financial Independence Group. There are 4 qualifying levels: Fast Start Platinum level, Advisor’s Advantage Producer’s, President’s and Chairman’s Club levels.

This program is based on Combined Production Credit (CPCs) earned during the current year production. CPCs are a way to combine all lines of business, so they are weighted equally. Life production counts 100%, long term care production counts 100%, and annuity production counts 10%.

Example: $100,000 of life premium would be equivalent to $1,000,000 of annuity premium or $100,000 of annuity premium would be equivalent to 10,000 CPCs.

Fast Start Producer Paycheck: Advisor reaches the 75,000 CPC mark. The Fast Start Platinum level equals 1.0%.

Producer’s Club level: Advisor reached the 100,000 CPC mark. The Producer’s club level equals 1.5%.

President’s Club level: Advisor reaches the 200,000 CPC mark. The President’s club level equals 2.0%.

Chairman’s Club level: Advisor reaches the 400,000 CPC mark. The Chairman’s club level equals 2.5%.

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Program Rules and Eligibility Requirements:
To participate in the Producer Paycheck Reward Program, you must be actively contracted with FIG. Producer Paycheck is a marketing reimbursement program. Levels are based on CPCs earned during current year. This is an annual program, and you must be registered to participate. This program is for the writing agent only. FIG reserves the right to terminate or modify this program at any time. All final decisions are left to the discretion of FIG. This program is for paid business with FIG only from January 1, 2009 through December 31, 2009. No exceptions. This program is for TOP GA contracts only direct to FIG. No exceptions. Due to carrier regulations, you must be able to provide receipts upon request to FIG for reimbursement purposes. **Agents participating in the Mentor Program are not eligible for FIG value added incentive marketing programs or reimbursements, including Producer Paycheck. This program excludes any business with Annexus Group.