First Year Commissions are paid weekly based on commission schedules contained in Futurity First Product Carrier Compensation Grid.  
     
  The Compensation Illustrator displays the value of Futurity's agent contract payout as a) a Percentage of Premium and b) Potential First Year Compensation.  
       
  By inputting prior year production (using either First Year Commissions or Premium) and assuming results are repeated in the following year, you can view the potential value under the Futurity First agent compensation program.  
             
  Step 1: Select Commissions or Premium for Input.   Payouts  
       
     
    Life & Health Payouts  
    Prior Year Current Year Expected    
    Annual Annual Annual       Life LTC & DI Health  
    First Year First Year First Year   Premium    
  Product Category Commissions Premiums/Deposits   FYC/Prem %    
  Life   $ % Total $ % Total | Production Bonus 1  
  Whole Life | Taxes & Benefits 2    
  Universal Life | as % of Premium    
  Term |    
  Final Expense | FYC    
  Total Life | Production Bonus 1    
  Fixed Annuity         | Taxes & Benefits 2    
  5-year   Total $ Payout    
  7-year |    
  10-year |  
  Indexed Annuity         | Annuity Payouts  
  5-year |  
  7-year |     Fixed   Indexed  
  10-year | Deposit      
  Total Annuity | FYC/Deposit %      
  Health         | Production Bonus 1    
  Long Term Care | Taxes & Benefits 2      
  Disability Income | as % of Deposit      
  Med Supp/Med Adv |      
  Indiv.Major Medical | FYC      
  Total Health | Production Bonus 1      
  Worksite Products         | Taxes & Benefits 2      
  Life | Total $ Payout      
  Health |      
  Total Worksite |    
  Total     | Total First Year Commissions  
    |  
  Notes:     | Agent Production Bonus-Aggregate1  
  1. APB are paid weekly based on the current period rate and are trued-up to dollar one at quarterly points. |  
  2. Estimated employer contributions to taxes, health benefit costs and agent 401k (maximum Employer 401k Matching contribution is 3%).   Employer Contribution to Taxes, Health Benefit Costs and Agent 401k 2  
     
                Total First Year Compensation  
   
  This projection is for illustrative and discussion purposes only. It does not represent a guarantee nor a promise to pay compensation exactly as projected.  
  At any time and without notice, Futurity First reserves the right to modify the terms and conditions of the program including, but not limited to, the standards and levels of eligibility, rates of compensation  
  and the type and amount of any award or bonus. Agent compensation is subject in all respects to the terms and conditions of the applicable Agent Agreement and Agent Compensation Plan.  
       

Excel spreadsheet to Html form