Fee Schedule

Consulting/Review Fee Schedule

1. Life insurance policy reviews

• $800 for a permanent policy, $200 for every additional policy.

2. Advanced Planning Consulting & Reviews- (Crummey Hanging Withdrawal Rights, Premium Financing, Split Dollar, Executive Compensation Plans, Estate Planning Documents, Business Documents)- Review of the actual plan design and policy’s funding the plan

• $900 minimum, totals quoted on a projected project basis.
• $300 minimum hourly rate

Insurance Underwriting & Product Placement

1. Life Insurance- targeted commission or fee (no load products) as a % of death benefit is 1.5%. (Note: commissions may be more or less depending on age/ sex/ health rating of the clients, product guidelines and premium funding level and design. Only some life insurance products enable targeting of commissions paid. Most play a fixed dollar amount that is unchangeable.)
2. Individual and group disability and LTC products- Individual Disability and Long-term care products generally pay a flat % of premium that is unchangeable. Group disability generally pays commissions up to 8% of first year premiums paid. Depending on the work involved we may charge commissions between 8 and 6% of first year premiums paid.