Retail Insurance Agent
$100kFarmers Insurance District 79
Join us as a Farmers Insurance Retail Agent , where you will have the chance to manage your own agency while benefitting from the robust support and resources of one of the country's most esteemed insurance brands. This is a fantastic entrepreneurial opportunity tailored for ambitious and motivated individuals looking to create their own business, lead a dynamic team, and pave the way for a fulfilling long-term career in the insurance sector.
Requirements
Capital Requirement
- Minimum of $100,000
Background Check
- Satisfactory results of background check
Licensing and Training
- Property, Casualty, Life, and Health licenses prior to full-time agent appointment
- University of Farmers® training program
Branded Office Location
- Office location at time of full-time appointment
- Fully equipped and compliant with Farmers® brand standards
Agency Staff
- Minimum of two licensed and appointed agency staff members at full-time appointment
Benefits
Economic Interest
- Contract Value according to the terms of the appointment agreement
Sale of Service and Commission Rights
- Opportunity to sell service and commission rights
Exterior Branding Bonus
- Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount
Signing Bonus
- $5,000 bonus following full-time appointment
Bonus Based on Reserve Net NB Commissions
- One-time bonus based on applicable net new business commissions while on the Reserve Agent Program •Bonus paid subject to specified maximum amount
Monthly Lead Opportunity Program
- Up to $500 per month in Agency Growth Program lead opportunity credits if program qualification goals are met
Monthly Bonus Based on Net NB Commissions
- Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years
- Bonuses based on Life and Commercial commissions subject to specified maximum amounts
Annual Bonus Based on Net NB Commissions
- Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years
- Bonuses based on Life and Commercial commissions subject to specified maximum amounts
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