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Membership Tiers Table

A
30% Commission
B
50% Commission
C
60% Commission
Full Back Office SupportPartial Back Office SupportNo Back Office Support
Quote /Bind-Close SalesMember Quotes Directly
Binding and Processing
Grassroots Insurance Group
Member will have access directly
and will be able to quote and bind.
Monitor AccountAssist Agent in ClosingMember Closes Account
Underwriting SupportUnderwriting Reports -
Member Follow up with Customer
Provide Reports-
Member Follow-up
Claims ProcessingClaims AssistanceMember Handles Claim
Accounting-PaymentPayment ProcessingN/A
Marketing Location
Training
Marketing Location
Training
Marketing Location
Training
TrainingMarketing

Tier A

Property & Casualty Licensed agent gathers clients data, submits application to headquarters for quoting and preparing paperwork for the agent to closed the deal.

Commission:

30% of the commissioned premium.
If client's account is cancelled prior to the term of the policy chargebacks are applicable.

Tier B

Licensed Agent gathers clients data, process the quotes with the support of headquarters agents and finalizes all forms needed to sale the policy. Is also responsible to process payment either to carrier or headquarters.

Commission:

50% of the total amount received in commission.
If client's account is cancelled prior to the term of the policy chargebacks are applicable.

Tier B

Support and Member Obligations: Producers at Level 2 may access some support from the GIG at the GIG’s discretion. However, Producers must have an assistant to help with the retention and cross selling of their products along with the processing of all the policies. The assistant must be trained by the GIG. If more than one assistant is required to be trained in any one calendar year, there will be a charge to the Member for such training of a replacement assistant at the hourly rate of $20.00 per hour.

GIG shall include Level 2 Producers’ locations in GIG marketing program.

Tier C

Licensed agent gathers all information, process all quotes, closing the sale and servicing the client. Which may require a team of support customer service. At this level the agent should have a receptionist, customer service representative, Licensed agents, Retention specialist, Quality control representative and accounting representative.

a. The team is trained by headquarters to assure seamless and equal quality service.

Additional Support:

Tier B and Tier C Producers shall be entitled to receive support via a periodic round table meeting between the Producers and representatives of Grassroots Insurance Group, LLC. so that all Producers have an opportunity to share their experiences and successes with the rest of the GIG and learn from each other. Once a week, or as determined by Grassroots Insurance Group, LLC., a sales meeting will be held to set up goals and monitor sales and progress of these Tier B and C Producers. Recognition of those who reach their goals will be acknowledged by their peers. Incentive programs will be implemented by offering our top Producers incentives such as periodic bonuses, dinner tickets, theater and other rewards.

Bonuses

GIG from time to time may elect to pay a discretionary bonus to Producer in addition to the compensation amounts set forth in this Agreement. The bonus is not guaranteed and should not be considered a regular part of producer's compensation.

Address

Grass Roots Insurance Group
195 Nassau Street
Suite 110
Princeton, NJ 08542

Contact details

E-mail address:
contactus@grassrootsig.com

(609) 688-1818

Available 9:00am - 5:00pm

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