PROMOTION FORMULA

PROMOTION FORMULA


Target Premium divided by 12 (12 Months) = Amount of Premium Needed for Promotion

Amount of Premium divided by number of months for promotion (MD is 6 mo, SA is 3 mo, A is 1 mo) = Amount of premium needed Monthly

Divide that number by 4 (4 Weeks in a month) = Amount of premium needed weekly


Example:  MD Promotion is 100,000 in 6 months

100,000 / 12 = 8,333

8,333/6 months = 1,388 a month

1,388 / 4 weeks = 347 a week

Take 347 you do half, Left with 173 a week


# of Licensed Agents / by 173

3 Licensed Agents = 57 each

2 Licensed Agents = 86 each

1 Licensed Agent = 173



F&G CONTRACT %

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