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Principal 2020 Broker Bonus Programs

Principal 2020 Broker Bonus Programs

Principal 2020 Broker Bonus Programs

Feb 18, 2020, 2 Minute Read

Earn more with Principal’s two bonus programs: the Production Bonus and the Persistency Bonus. Both programs apply to voluntary and non-voluntary dental, STD, LTD, life, and vision coverage, voluntary accident, and voluntary critical illness.

Production Bonus

Earn rewards for placing new business with Principal. The more you sell, the higher the bonus factor. Whether you sell several smaller cases or just a few larger cases, you can qualify for a production bonus based on new sale credits.

Persistency Bonus

Earn rewards for placing and keeping business with Principal. The more premium you retain the higher the bonus factor.

Qualifying For The Production and Persistency Bonus Programs

There are more ways to get into Principal’s bonus program than just selling their group insurance products. Earn one new sale credit for each of these qualifying coverages or services:

Earn one-half credit for voluntary accident or voluntary critical illness.

Download the flyer to learn more.

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Privileged Partner Program – Two Levels of Recognition

With two prestigious membership levels: Elite and Platinum, the Privileged Partner Program provides Principal’s highest level of available services, business support, and additional compensation.

Elite Membership Requires

Platinum Membership Requires

Additional Bonus with Elite or Platinum Status

Earn even more for placing and maintaining group benefits business with coverages sold in the year of your Elite or Platinum status.

To learn about the bonus details, and the service features and benefits, download the flyer.

Learn More

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