ContractProducer Commission Agreement • April 6th, 2016
This Producer Commission Agreement (the “Agreement”) is made by and between American General Life Insurance Company and The United States Life Insurance Company in the City of New York (collectively, “Company”) and the producer whose name appears below. In consideration of the mutual covenants and other valuable consideration contained herein, the receipt and sufficiency of which are hereby acknowledged, Company and Producer (collectively, the “Parties”) hereby agree as follows with respect to business placed with Company by Producer through the Group Benefits division of AIG:
Topic See Page Agreement Purpose and Required Documents 2 I. Definitions 3 II. Terms and Conditions 4 A. Independent Contractor 4 B. Solicitation 4 C. Rules and Regulations 4 D. Limits of Authority 5 E. Appointments 5 F. Indemnify 5 G. Compliance 6 H....Producer Commission Agreement • October 3rd, 2017
Agreement Purpose The Standard Producer Commission Agreement is established for the sole purpose of allowing the Producer to solicit applications from Employer Groups for access to Blue Cross Blue Shield (BCBS) and the Vermont Health Plan (TVHP) insurance products as set forth in the “Producer Commission Schedule”, which is attached and incorporated herein.
Producer Commission AgreementProducer Commission Agreement • January 21st, 2021
To ensure accuracy, we will be sending out a test deposit to your account to make sure it works as intended prior to the first commission being sent out. We do require that the deposit amount is confirmed via an online link before the setup is finalized. Each commission deposit will be accompanied by a commission statement sent via email from: commission@piu.org. I authorize Petersen International Underwriters to deposit commission payments directly to the account named when appropriate. I authorize Petersen International Underwriters to adjust this account for any funds erroneously credited. This authorization shall remain in effect until Petersen International Underwriters has received, and has reasonable opportunity to act upon, written notification from me of its termination. (Please allow 1 - 2 pay cycles for processing)
