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NS-10034-2
Bonus Rates for ASR Bonus Rates for PSR
Role of New Rep Level I Level II Role of New Rep Level I Level II
Open–New Account 4.00% 6.00% Open–New Account 2.50% 3.50%
Open–Rework 0.75% 1.00% Open–Rework 1.50% 2.00%
Enroll 1.00% 1.25% Enroll 1.00% 1.25%
	 =		Bonus level I is primarily used for reps who recruit a new rep, and bonus level II is used for reps
			 who recruit and field train the new rep.
	 =		The bonus may be effective on or after the new rep start date.
	 = 	 The sales manager cannot choose to exclude either role from the bonus.
	 =		The duration of the bonus payment cannot extend beyond 52 weeks from the new rep start date.
	 =		 The bonus is funded by the new sales rep’s hierarchy, plus a company contribution. The manager
			 cost-sharing deduction is calculated on a monthly basis and is deducted from gross pay.
			 If sufficient funds are not available at the time of the deduction calculation, the deduction will
			 occur on a weekly basis until the cost-sharing portion is fulfilled.
	 = 	 For more details on the RTB, log on to ProducerNet at www.coloniallife.com and click on
			 Compensation > Bonuses > Recruiting Training Bonus, or contact our Producer
			 Compensation Support Team at (800) 438-6423 option 2, 3.
Bonus Tables
Recruiting Training Bonus (RTB)
Recruiting an opener
represents the biggest
bonus potential
of up to 6 percent
of new account sales!
Who’s Eligible?
Agency Sales Reps and Public Sector Sales Reps are eligible for this bonus. You can’t receive
this bonus by recruiting and/or training a broker. The new recruit must be a Colonial Life career rep.
Contracted brokers are eligible for this bonus by referring a new rep(s) to Colonial Life.
07/08
©2008 Colonial Life & Accident Insurance Company.
Colonial Life products are underwritten by Colonial Life
& Accident Insurance Company, for which Colonial Life
is the marketing brand.
Colonial Life
1200 Colonial Life Boulevard
Columbia, South Carolina 29210
coloniallife.com
Bonus Success Stories:
	 =	One rep has earned more than $45,000 since the RTB program
			 was introduced.
	 =	Since the program’s introduction, reps have earned as much as
			 $25,000 on a single new rep.
	 =	Many reps receive RTB bonuses of $10,000 or greater each year.
	 = Colonial Life has paid out an average of $453,000 in RTB bonuses
			 per year over the past 4 years.
How Does it Work?
	 =	The bonus is designed to pay those who are responsible
			 for recruiting and/or training of a new sales rep.
	 =	The sales manager designates the bonus level, has the
			 recruiting/training representative sign the RTB agreement form
			 (form 54776-5) and submits the form to the home office via their
			 DGA/PSM. The manager decides the bonus level from level I or II:

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Share Your Success Ns 10034

  • 1. “Share Your Success” NS-10034-2 Bonus Rates for ASR Bonus Rates for PSR Role of New Rep Level I Level II Role of New Rep Level I Level II Open–New Account 4.00% 6.00% Open–New Account 2.50% 3.50% Open–Rework 0.75% 1.00% Open–Rework 1.50% 2.00% Enroll 1.00% 1.25% Enroll 1.00% 1.25% = Bonus level I is primarily used for reps who recruit a new rep, and bonus level II is used for reps who recruit and field train the new rep. = The bonus may be effective on or after the new rep start date. = The sales manager cannot choose to exclude either role from the bonus. = The duration of the bonus payment cannot extend beyond 52 weeks from the new rep start date. = The bonus is funded by the new sales rep’s hierarchy, plus a company contribution. The manager cost-sharing deduction is calculated on a monthly basis and is deducted from gross pay. If sufficient funds are not available at the time of the deduction calculation, the deduction will occur on a weekly basis until the cost-sharing portion is fulfilled. = For more details on the RTB, log on to ProducerNet at www.coloniallife.com and click on Compensation > Bonuses > Recruiting Training Bonus, or contact our Producer Compensation Support Team at (800) 438-6423 option 2, 3. Bonus Tables Recruiting Training Bonus (RTB) Recruiting an opener represents the biggest bonus potential of up to 6 percent of new account sales! Who’s Eligible? Agency Sales Reps and Public Sector Sales Reps are eligible for this bonus. You can’t receive this bonus by recruiting and/or training a broker. The new recruit must be a Colonial Life career rep. Contracted brokers are eligible for this bonus by referring a new rep(s) to Colonial Life. 07/08 ©2008 Colonial Life & Accident Insurance Company. Colonial Life products are underwritten by Colonial Life & Accident Insurance Company, for which Colonial Life is the marketing brand. Colonial Life 1200 Colonial Life Boulevard Columbia, South Carolina 29210 coloniallife.com Bonus Success Stories: = One rep has earned more than $45,000 since the RTB program was introduced. = Since the program’s introduction, reps have earned as much as $25,000 on a single new rep. = Many reps receive RTB bonuses of $10,000 or greater each year. = Colonial Life has paid out an average of $453,000 in RTB bonuses per year over the past 4 years. How Does it Work? = The bonus is designed to pay those who are responsible for recruiting and/or training of a new sales rep. = The sales manager designates the bonus level, has the recruiting/training representative sign the RTB agreement form (form 54776-5) and submits the form to the home office via their DGA/PSM. The manager decides the bonus level from level I or II: