am-pg-bo-pb producer-bonus-structure 24-05-31 zhhk5iu
This PDF ("Producer Bonus") defines the producer bonus program based on Personal Monthly Net Placed. It lists eligibility requirements (contract level ≥95%, write 2+ weeks in a month, validate net placed per the table), a single flat bonus rate (5%) applied when thresholds are met, contract-level thresholds with required net placed amounts, capped case credit ($7,500), fully bonusable carriers, partially (50%) bonusable carriers, and exclusions (annuities, guaranteed issue, and carriers not listed). The document is instructional/policy-oriented for producers or internal staff.
Questions this document answers
Be at a 95% contract level or higher; write 2+ weeks in a month; validate using the required net placed shown in the table.
Flat 5% bonus (applies to qualifying net placed premium).
$7,500.
Contract Level 95 requires $15,000.
Contract Levels 125 and 130 each require $55,000 net placed.