1) The document outlines the commission structure and projected earnings for an insurance agent over 3 years for 4 different product types.
2) In the first year, the agent earns a total commission of $60,816 with an additional $2,928 year-end bonus for net first year earnings of $63,744.
3) In the second year, the agent earns renewal commissions along with additional bonuses for total net income of $146,036.40.
4) In the third year, renewal commissions continue to be paid along with bonuses, resulting in projected total net income of $195,636.40 for the third year.
A financial GPS to find the quickest route to ZERO debt, Presented by Serena ...Serena Rinaldi Lambiase
A financial GPS to find the quickest route to zero debt; Software program that guides you to pay off your morgage and ALL debts faster by using interest cancellation methods; NO LOANS necessary
A financial GPS to find the quickest route to ZERO debt, Presented by Serena ...Serena Rinaldi Lambiase
A financial GPS to find the quickest route to zero debt; Software program that guides you to pay off your morgage and ALL debts faster by using interest cancellation methods; NO LOANS necessary
What would your life be like with no Debt?
Take control of your financial future Today! Get out debt in half the regular Time and turn your savings into Wealth.
Before the structure for passive income is established, it is important to create a solid active income quickly through Diamond Tree's fast start program.
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What would your life be like with no Debt?
Take control of your financial future Today! Get out debt in half the regular Time and turn your savings into Wealth.
Before the structure for passive income is established, it is important to create a solid active income quickly through Diamond Tree's fast start program.
http://authenticmarketing.net
2. Plan Name No. of Product type sold Premium / Product type Commission % Commission Payout Commission Structure
Product type 2a 4 $550 annually 30% $165 x 4 = $660 First year 30%
5% second year onwards
Product type 1a 4 $200 MONTHLY 45% $90 x 4 = $360 First Year 45%
25% second year
Decline till 6th
year
Product type 1b 4 $20000 SINGLE
PREMIUM
2% $400 x 4 = $1600 Only 1 time
Product type 2b 8 $30 MONTHLY 30% $9 X 8 = $72 MONTHLY PERPECTUAL
AS LONG AS PAYMENT
MADE
TOTAL COMM for THE
MONTH $2692$2692
Same effort for the next 12 month payout
Jan = $2692 Feb = $3,124
Mar = $3556 Apr = $3988
May = $4420 Jun = $4852
July = $5284 Aug = $5716
Sep = $6148 Oct = $6580
Nov = $7012 Dec = $7444
Total First Year Comm =Total First Year Comm = $60,816$60,816
11stst
Year End Bonus payout :Year End Bonus payout : $2,928$2,928
Net Comm : $Net Comm : $63,74463,744
// for illustration purpose only
3. 2ND
YEAR monthly income inclusive of renewals
MONTH COMM MONTH COMM MONTH COMM MONTH COMM
Jan $7,826 Apr $8,642 July $9,458 Oct $10,274
Feb $8,098 May $8,914 Aug $9,730 Nov $10,546
Mar $8,370 Jun $9,168 Sep $10,002 Dec $10,818
OVERALL INCOME FOR 2ND
YEAR
Total First Year Income for current year $ 70,128.00 1st
Year End bonus $ 29,996.80
Single Premium Income for current year $ 19,200.00
2nd
Year Product type 1 Renewal Income $ 15,600.00 2nd
year Product type 1 Bonus $ 1,748.00
2nd
year Product type 2 Renewal Income $ 6,936.00 2nd
year Product type 2 Bonus $ 2,427.60
Total Earned IncomeTotal Earned Income $111,864.00$111,864.00 Total Bonus PaidTotal Bonus Paid $34,172.40$34,172.40
Total Net Income FOR 2Total Net Income FOR 2ndnd
YEARYEAR $146,036.40$146,036.40
// for illustration purpose only
4. 3rd
YEAR monthly income inclusive of renewals
MONTH COMM MONTH COMM MONTH COMM MONTH COMM
Jan $11,080 Apr $11,536 July $11,992 Oct $12,448
Feb $11,232 May $11,688 Aug $12,144 Nov $12,600
Mar $11,384 Jun $11,840 Sep $12,296 Dec $12,752
OVERALL INCOME FOR THE 3RD
YEAR
Total First Year Income for current year $ 70,128.00 1st
Year End bonus $ 29,996.80
Single Premium Income for current year $ 19,200.00
2nd
Year Product type 1 Renewal Income $ 28,800.00 2nd
year Product type 1 Bonus $ 13,548.00
2nd
year Product type 2 Renewal Income $ 11,688.00 2nd
year Product type 2 Bonus $ 3,336.00
3rd
Year Product type 1 Renewal Income $ 6,240.00 3rd
year Product type 1 Bonus $ 3,336.00
3rd
year Product type 2 Renewal Income $ 6,936.00 3rd
year Product type 2 Bonus $ 2,427.60
Total Earned Income $142,992.00 Total Bonus Paid $52,644.40
Total Net Income FOR 3Total Net Income FOR 3rdrd
YEARYEAR $195,636.40$195,636.40
// for illustration purpose only