2023 Quarterly Life Incentives from Illinois Mutual
Hit these sales targets for an opportunity to earn cash incentives!
Level 1:
$500
3 Paid Applications for $2,500 Annualized Paid Premium
Level 2:
$1,000
6 Paid Applications for $5,000 Annualized Paid Premium
Level 3:
$2,000
8 Paid Applications for $8,000 Annualized Paid Premium
Level 4:
$3,000
12 Paid Applications for $12,000 Annualized Paid Premium
Level 5:
$4,000
15 Paid Applications for $15,000 Annualized Paid Premium
Here are some specifications:
•
100% of the bonus will be paid after the end of the qualifying incentive period.
•
Only writing agents are eligible for the incentive.
•
Qualifying products are term life insurance (Policy Form LT17), return of premium term life insurance (Policy Forms LRPT17 & LRPT17SA) and whole life insurance (Policy Forms LWL18 & LSPWL18).
•
A maximum of 10% of Single Pay Whole Life premiums will be eligible toward requirements.
•
Illinois Mutual determines the final recipients.
•
Must have active agent status as defined by the Company and an 85% 13‑month premium persistency at time of incentive delivery.
Check out the many sales tools in the Resource Library on the Agent Forum to help you grow your business in 2023!
Qualifying business for this incentive must be issued and paid for between the dates of the quarter in which you qualify for the bonus. The 2023 incentive periods are as follows: Q1: 1/1 - 3/31/2023, Q2: 4/1 - 6/30/2023, Q3: 7/1 - 9/29/2023, Q4: 10/1 - 12/29/2023.
