| Regence Life and
Health Insurance Company Commission Schedule
Solicited Contract
Subject to the terms of this Schedule A-3 and of the Agent/Agency Contract to which it is attached, the Agent is hereby authorized to solicit applications for Life and Disability Insurance Plans for:
| Plan |
Commission Rate |
| Regence Life and Heatlh Insurance Company |
For each such contract for which application is solicited by the Agent and accepted by the Company, the Company shall pay a commission to the Agent for all contract years in accordance with the following Commission Scale: |
Commission Scale for Group Term Life, AD&D, and Dependent Life Insurance (the same Commission Scale applies separately for Group STD) |
On the first $10,000 of policy premium |
10.0% |
On that part of premium in excess of $10,000 but
not exceeding $25,000 |
7.0% |
On that part of premium in excess of $25,000 but
not exceeding $50,000 |
5.0% |
On that part of premium in excess of $50,000 but
not exceeding $65,000 |
3.0% |
On that part of premium in excess of $65,000 but
not exceeding $250,000 |
2.5% |
On that part of premium in excess of $250,000
but not exceeding $500,000 |
2.0% |
On that part of premium in excess of $500,000
but not exceeding $1,000,000 |
1.0% |
On that part of premium in excess of $1,000,000 |
0.5% |
The Same Commission Scale applies separately to Group Critical Illness |
Commission Scale for Group Voluntary Products (except Group Voluntary Dental) |
On all amounts |
15.0% |
|
|
Commission
Scale for Group LTD |
On the first $20,000 for policy premium |
15.0% |
On that part of premium in excess of $20,000 but
not exceeding $50,000 |
10.0% |
On that part of premium in excess of $50,000 |
1.0% |
| |
| |
Commission Scale for Group Voluntary Dental |
On all amounts |
8.0% |
Note: The Commission Scales shown above shall not apply to policies with negotiated commissions. |
| |
|
Commission Scale for Individual Short-Term Medical |
On all amounts |
20.0% |
|
|
Commission Scale for Individual Dental |
1st Year (on all amounts) |
15.0% |
2nd+ Years (on all amounts) |
5.0% |
| Such Commission Scales shall apply to the total amount of premium for each contract paid to the Company each year or part thereof while the Agent/Agency Contract attached hereto is in effect. |
| Such commissions shall apply only on premiums or payments paid to and received and accepted by the Company during the term of such contracts. If any premium earned and paid to the Company shall be adjusted because of retroactive or pro rata payments or refunds, the commission paid shall be likewise adjusted accordingly. Commissions shall not be payable on any premiums or other payment due to the Company which are waived under the terms of a contract or other agreement with a policyholder. |
For any question concerning your commission or your commission
statement, please contact our Agent
Desk at (503) 225-4960, or toll-free at (800) 452-7278
extension 4960.
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