Commissions & Bonuses

Producer Bonus Program New Business Bonus Persistency Bonus Commission Scales 2008 Commission Calendar

The Standard offers a competitive commission structure to generously compensate you for your group insurance sales and in force business. Below is a reference to the compensation you receive for doing business with us.

Long Term Disability and Voluntary LTD
Annual Premium Commission
First $15,000 ($0 – 15,000) 15%
Next $10,000 ($15,001 – 25,000) 10%
Next $25,000 ($25,001 – 50,000) 5%
Amount over $50,000 1%
  
Life, Life and AD&D, Voluntary Life, Short Term Disability, Disability Benefits Law, Voluntary STD, Dependents Life and Additional Life
Annual Premium Commission
First $2,000 ($0 – 2,000) 15%
Next $8,000 ($2,001 – 10,000) 10%
Next $15,000 ($10,001 – 25,000) 6%
Next $25,000 ($25,001 – 50,000) 4%
Next $50,000 ($50,001 – 100,000) 2%
Next $150,000 ($100,001 – 250,000) 1%
Amount over $250,000 0.5%
  
For any combination of Life, Life and AD&D, Additional Life and Dependents Life, combine the annual premiums of these products prior to calculating the commission. STD, Voluntary STD and Voluntary Life commissions are calculated separately.
  
Supplemental Life
Policy Year Commission
First level 20%
All later years level 10%
  
Dental
Annual Premium Commission
First $5,000 ($0 – 5,000) 10%
Next $5,000 ($5,001 – 10,000) 6.5%
Next $10,000 ($10,001 – 20,000) 3%
Next $10,000 ($20,001 – 30,000) 2.5%
Next $20,000 ($30,001 – 50,000) 2%
Next $50,000 ($50,001 – 100,000) 1.5%
Next $50,000 ($100,001 – 150,000) 1%
Next $350,000 ($150,001 – 500,000) 0.7%
Next $500,000 ($500,001 – 1,000,000) 0.5%
Next $4,000,000 ($1,000,001 – 5,000,000) 0.3%
Amount over $5,000,000 0.1%
  
Commissions are subject to the terms and conditions of the Producer Sales Contract.