Our standard compensation arrangement with most carriers is an override of 160% as a percentage of First Year Commissions (note some specialty carriers have unique compensation arrangements).
We feel this is a competitive offering. However under no circumstances do we want you to sacrifice financially when deciding between MGA’s. As such we are willing to match any current override level.
Segregated Funds/Money Products/Investia Mutual Funds
Your compensation is driven by your AUM.
Group/Employee Benefits via BBD
Your compensation paid via the wealthLINK arrangement with BBD is the same as if dealing direct (normally in the 8% to 10% of premium).
Medical Access Insurance via Acure Health
Your compensation paid via the wealthLINK arrangement with Acure Health is the same as if dealing direct (10% flat every year).
Please note this is a summary only. We are not liable for any errors or omissions
Full details are enclosed in the commission schedules.