In the case of our current agent, he receives 45% of the annualized premiums as a commission. If he gets high enough sales, with where he currently works, his commission percentage of annualized premiums could go as high as 80%. We also are open to working with other independent insurance agents who get commissions percentages that are a larger portion of annualized premiums than that.
But even at the current rate, a purchase can translate into a rather significant donation, in the hundreds, or even thousands of dollars, without costing the buyer anything more for the same policy.
Regarding auditing/​verification intend to give the person who bought the policy documentation showing the donation corresponding with their purchase of insurance. We also intend to periodically indicate how much in donations has been made through all of our programs to charity recipients.
We would be open to further auditing, of course, as would be consistent with the privacy rights of buyers.
Hi Ian,
In the case of our current agent, he receives 45% of the annualized premiums as a commission. If he gets high enough sales, with where he currently works, his commission percentage of annualized premiums could go as high as 80%. We also are open to working with other independent insurance agents who get commissions percentages that are a larger portion of annualized premiums than that.
But even at the current rate, a purchase can translate into a rather significant donation, in the hundreds, or even thousands of dollars, without costing the buyer anything more for the same policy.
Regarding auditing/​verification intend to give the person who bought the policy documentation showing the donation corresponding with their purchase of insurance. We also intend to periodically indicate how much in donations has been made through all of our programs to charity recipients.
We would be open to further auditing, of course, as would be consistent with the privacy rights of buyers.