The Agent Partnership Program

You: have insurance clients.

We: Sell them annuities and split the commission with you.

Contents:

1. How the program works
2. Combing existing book
3. Cross-sell new clients
4. Integrating us into the sale
5. Compensation
6. Agency owners

How the Program Works

Our goal is to protect as many people as possible while getting you paid as soon as possible. We accomplish that via the following in this order:

• Combing your existing book
• Uncovering annuity opportunities with new clients

Our partnership program is designed to complement your sales volume, minimizing the impact on your busy schedule. We understand the value of your time and aim to make this partnership as efficient as possible. The setup process typically requires around 2 hours, and each annuity case involves an additional 2 hours of your time. We take care of the rest.

Combing Your Existing Book

We have a super simple and standardized process of combing your existing book of business. This is comprised of:

• Letters
• Voicemails
• Emails
• SMS texts

The Partner Portal provides scripts that have been tested and refined by 300+ agents.

Cross-Selling New Clients

We provide extensive training on how to uncover annuity opportunities during your fact-finding appointments and weave us into the sale.

Integrating Us Into the Sale

There are 2 components in the Partner Portal:

1. Book a 3-way call: Schedule a call involving you, your client, and our team using Calendly. We will handle everything from there.
2. Annuity Opportunity Form: This form provides us with key details about your case, ensuring we have a solid understanding of the situation before the 3-way call.

Once we receive both the scheduled 3-way call and the Annuity Opportunity Form, we will reach out to you for further information about the case.

Compensation

We typically close 1-3% of an agent’s existing book of insurance clients. So, for example, if you had 300 clients that would be 3-9 annuity sales. The average annuity is $250,000 and your payout would be approximately $6,000 on that amount. Using our program, you could reasonably expect to make $18,000 to $45,000 by combing your existing book.

Structure:

Our compensation structure is fair and transparent, with a 50%/50% split. The typical commission payout is 5% of the total annuity amount, and we share that equally with you. However, certain products may have different commission levels, which we will discuss in detail. Also, the age of your client may impact the commission level, with clients aged 80 and above yielding a lower commission rate of approximately 3%.

To illustrate, let’s consider the average annuity size of $250,000. A 5% commission on that amounts to $12,000, which we split equally, resulting in $6,000 for you. In the case of an 82-year-old client, with a 3% commission, you would receive half of the $7,500 commission, equating to $3,750.

Furthermore, our efficient processes enable us to expedite annuity issuance. While the industry average is 60 days, we have reduced this to an average of just 16 days. This speed is a result of our exceptional due diligence and compliance team, as well as our strong relationships with carriers. Rest assured, we handle all follow-ups and policy maintenance, alleviating administrative burdens for you.

The commission payment to you is made approximately 7 days after policy issuance. We prioritize prompt payment and value your time and dedication to the partnership.

For Agency Owners

If you own an agency or have downline agents, we offer the option to work with them and provide you with an override on top of their regular compensation. To discuss partnership opportunities for your agency, please contact us.