End-of-Year Reminders

November 11, 2021
Calendar

It’s never too early to plan for year-end deadlines. Make sure you place all policies by Dec. 28, 2021 to meet your 2021 sales goals.

Don’t forget — you can qualify for the Platinum Advantage Producer Renewal Bonus on all Platinum Advantage polices sold this year. You’ll be paid the base bonus level of 5% extra renewal commission if you sell $25,000 in fully underwritten premium in 2021. If you sell $50,000 in premium, you’ll receive an extra 10% commission.

Make sure all business is placed by Dec. 28 to count toward your bonus!

End-of-Year Commission Date

The year-end commission cutoff date is Dec. 28, 2021. The check/statement date is Dec. 30, 2021. We'll pay commissions on policies placed in force after Dec. 28 during the mid-January 2022 commission cycle.

Policy Delivery Requirements

To help place policies in force by the end of business on Dec. 28, please remember:

  • Delivery requirements must be complete and compliant.
  • We must receive the delivery requirements at our home office by noon Pacific on Dec. 28, 2021.

If we receive delivery requirements on Dec. 29 or 30 for policies with an effective date on or before Dec. 28, those policies will still count toward 2021 sales totals. However, we’ll pay commissions on those policies in the mid-January 2021 pay cycle.

Policies With Requested Effective Dates of Dec. 29, 30 and 31

We'll place all fully underwritten policies with requested effective dates of Dec. 29, 30 or 31 in force with an effective date of Jan. 1, 2022, subject to the terms of the Policy Acceptance. Please contact your General Agent if you'd like help determining policy effective dates.

Office Holiday Closures

The Standard will be closed Nov. 25-26, Dec. 23-24 and Dec. 31, 2021.

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