Immediate Annuity (SPIA) Commissions (Licensed Agents Only)

Insurance Companies:
Effective March, 2008

  

Premiums to $499,999

Premiums $500,000 and greater

Allianz contracting forms

3.00%

3.00%

American General
US LIC/NY

contracting forms

3.10%
(incl. 0.10% from WebAnnuities)

3.25%
(incl. 0.25% from WebAnnuities)

American National
*see footnote area below

 contracting forms

3.10%
(incl. 0.10% from WebAnnuities) Reduced for short period certain for all ages and for other annuities ages 85-90

3.25%
(incl. 0.25% from WebAnnuities) Reduced for short period certain for all ages and for other annuities ages 85-90

AVIVA and AVIVA NY
*see footnote area below

 contracting forms

3.10%
(incl. 0.10% from WebAnnuities)
Reduced for short durations

3.25%
(incl. 0.25% from WebAnnuities)
Reduced for short durations
EquiTrust contracting forms

3.00%

3.00%

Genworth LIC
Genworth LIC of NY
*see footnote area below

 contracting forms

3.10%
(incl. 0.10% from WebAnnuities)

3.25%
(incl. 0.25% from WebAnnuities)
Reduced > $2,500,000

Integrity LIC
Natl Integrity LIC
*see footnote area below

 contracting forms

3.75%
Reduced for short period certain

3.75%
Reduced for short period certain

John Hancock

 contracting forms

3.10%

3.25%

Kansas City Life
*see footnote area below

 contracting forms

4.50%
Reduced for short period certain

N/A

Lincoln Benefit

 contracting forms

3.10%
(incl. 0.10% from WebAnnuities)

3.25%
(incl. 0.25% from WebAnnuities)

MetLife Investors
*see footnote area below

 contracting forms

3.10%
Reduced for short period certain

3.25%
Reduced for short period certain

North Amer. Co. for L&H
(NACOLAH)
*see footnote area below

 contracting forms

3.00%
Reduced for short period certain

3.00%
Reduced for short period certain

OM Financial (F&G)
*see footnote area below

 contracting forms

3.10%
(incl. 0.10% from WebAnnuities)
Reduced for ages 90+

3.25%
(incl. 0.25% from WebAnnuities)
Reduced for ages 90+

Presidential (NY)
*see footnote area below

 contracting forms

3.75%
(incl. 1.25% from WebAnnuities)
Reduced for short period certain

4.00%
(incl. 1.50% from WebAnnuities)
Reduced for short period certain
Standard Life of Indiana
*see footnote area below		 contracting forms

Call

Call

United of Omaha

 contracting forms

Call

Call

* The following companies reduce commissions for large premiums or for period certain annuities of a short duration as follows: (The percent indicated represents total agent commission.)

ANICO- Red. for short PC- 5 -9 years @ 1.50%. Single and Joint Life annuities for ages 85-90 reduced to 1.50%
Aviva- Red. for short PC - 5 years and less = 1.00% (regular comm. for PC 6 years and more)
Genworth- Red. for premiums > $2,500,000
Integrity- Red. for short PC - 5 to 9 yrs certain = 3.00% (regular comm. for Life or PC of 10 years and more)
Kansas City Life- Short PC:  36-47 mos =0.80%;  48-59 mos.=1.10%;  60-71 mos.=1.30%;  72-83 mos =1.75%; 84-111 mos.=2.00%; 120+ mos =4.50% 
MetLife Investors- Red. for short PC:  5 year PC @ 1.50%. 6-9 years @ 2.00%. 
No. Amer. Co. L&H (NACOLAH)- Red. for short PC - 5 years through 9 years certain commission is 2.00% (regular commission for Life or PC of 10 years or more)
OM Financial (former Fid. & Guar.)- Red. by age: 99-100=0.75%;  98=1.50%; 97=2.00%;  96=2.25%;  95=2.50%;  90-94 =2.75%
Presidential Life - Short PC:  24-29 mos. =1.12%; 30-35 mos. =1.38%; 36-41 mos. =1.67%; 42-47 mos. =1.94%; 48-53 mos. =2.22%; 54-59 mos. =2.50%
Standard Life of Indiana - SPIA Plus Balloon annuity - Short PC:  48-59 mos. =3.25% ;  60-71 mos. =4.00%