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...dependent agency. Offering Life and Health insurance involves Errors & Om...bility insurance provides — and the security of E&O will help you p...

...res. 5. Adhere to standards of performance for service. 6. Produce adequate ...quiring retro or special rating plans, and other accounts as assigned. Salary Grade: 13 ACTION STEPS: 1. Manage and direct the Special Accounts Unit. 2. Keep abreast of trends and techniques. Research and develop new and improved selling tools and aids to maintain a competitive stat...

.... Hikari is a scissors manufacturer and distributor. Not just any type of scis... you develop your client relationships and secure their business for the futur...

... applies equally to every CSR); c) results-oriented; and d) comprehensive (i.e., provides incentives for every aspect of the sales process) . To develop an effective compensation plan, you'll need to set-and stick to-specific standards, then review your CSRs' performance at regular intervals and make mid-course corrections' if needed. You can choose from a variety of incentives: CSRs may earn financial rewards either on an individual bases (such as cash payments for prospects or X-dates, or sales commissions-if the employee is licensed) or ... members of the agency (through a profit-sharing plan, bonuses, or a share of contingency commissions) . Non-financial rewards might include anything from free trips, home appliances, or even a car to such warm fuzzies' as a CSR of the month' award. To give you some idea of how creative agents can combine these incentives to develop effective CSR compensation plans, here are several examples chosen from interviews with hundreds of agencies, large and small, throughout the nation over the last five years: Afton Insurance Agency, Houston ... good service. Most clients return the coins, which are worth $2.50 apiece. CSRs also earn coins for such in-house functions such as X-dating, prospecting, or writing an account. They can exchange coins for everything from an umbrella to a gift certificate, savings bond, or half a day off. Hawkins Group, Edina, Missouri. The agency sets annual and monthly production goals for each CSR based on average production over the current and previous year. At month's end, each person gets a spreadsheet comparing results with the ...

...to improve the productivity and performance of field sales organizations. Amon...have better control over housing costs and retain top-quality producers, targe...

...andards, then review your CSRs' performance at regular intervals and make 'mid-course corrections' if neede...CSR compensation plan on the structure and needs of your agency. So give it your best shot-and bear in mind that a CSR is a terrib...

...y to earn interest based on the performance of a stock market index. The polic...also be aware of the cost of insurance and the rate of return on the cash valu...

...affecting the right to specific performance and injunctive relief. ...e numbering of the Sellers' warranties and representations in said section 3. ...

... a method of paying out Life insurance proceeds to a beneficiary. Method of Accumulating Funds The premiums paid into an annuity contract will accumulate interest in one of two ways: at a fixed rate guaranteed by the insurer, or at a variable interest rate determined by the performance of funds in which the premiums are invested. The first type of contract is known as a fixed annuity, the second as a variable annuity. Fixed annuity contracts are the simplest. Premiums accumulate at rates of interest set by the company, and the amount ... be purchased with a single premium or through a series of scheduled or installment premiums. A single-premium annuity is purchased with a lump sum (often the proceeds of a Life insurance policy that is to be liquidated over the beneficiary's lifetime) . Scheduled-premium annuities call for regular payments, with annual payments being common. Annuitants make annual payments for a specified period of time. The net premiums accumulate at interest until the payout begins. Other scheduled-premium annuities might specify a different timetable for payments. Still another form of payment is the flexible-premium annuity ... no deduction for what is invested (chances are, under the new law, he or she wouldn't get a deduction for the IRA contribution, either), he or she can invest a virtually unlimited amount as opposed to the funding limits within retirement plans. Municipal bond and jumbo CD holders. People with these types of investments may find the single-premium deferred annuity to be a better alternative, especially if they are using the CD and/or bonds to save for retirement. These clients have the required cash available, and may ...

... any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. 5. Professional Standards. Employee shall perform his or her duties as an insurance salesperson under this Agreement in accordance with such standards of professional ethics and practice as may from time to time be applicable during the term of his or her employment hereunder. 6. Employee's Authority. (i ) Employee agrees ... 1. Incorporation of Recitals. The recitals hereinabove are incorporated herein by this reference. 2. Employment. (i ) Employer hereby hires Employee to solicit insurance and to collect and to remit premiums thereon for Agency. (ii) Employee shall be responsible for the payment of all premiums by Employee's insureds. The Employer's Accounts Receivable Control Plan is attached to this Agreement as Exhibit A and will serve as our written policy concerning payment of premium. (iii) Employee shall be responsible for payment of expenses incurred on behalf of his ... property damage in one accident, and Employee shall deliver to Employer a true copy of such Automobile Liability insurance policy. Employee agrees to indemnify and hold Employer harmless from any claims arising out of the operation of such automobile by Employee. (v ) Qualification for Surety Bond. Employee agrees that he or she will furnish all information and take any other steps necessary to enable Employer to obtain a Fidelity bond conditioned on the rendering of a true account by Employee of all moneys, goods, or other property which may come into the ...