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1
VB Accounts
10
Employees Each
$0
Potential 1st-Year VB Commissions (based on assumptions below)1
Number of Employees
  • Please enter a number.Account 1 Add
Potential 1st-Year VB Commissions (based on assumptions below)1

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Our personal 1-to-1 approach produces higher participation and understanding, generating more revenue for you.

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We have some of the highest net commissions in the worksite industry.

Earn Long-Term Revenue!

Our investment in new hires and re-enrollments, creates high "first-year commissions" year after year. With our guarunteed-renewable products, you'll earn commissions for life.

Your Time 2
Employee Participation
Annual Premium Per Employee 2
Net Commissions5

1st Year – Annual New Business Commission Earnings.

5th Year – Annual New Business & Renewal Commission Earnings

Self Enroll

Little or no personal contact. Voluntary buy-up options for core benefits.

26%3
$216
$5,000
$11,000
1st Year
5th Year

Self Enroll

Little or no personal contact. Voluntary products.

26%3
$432
$10,000
$14,000
1st Year
5th Year

Group Enrollment

One person enrolls a group. Voluntary products.

39%3
$432
$25,000
$41,000
1st Year
5th Year

Enrollment Firm

One-on-one contact initially. Voluntary and/or core products.

38%3
$707
$47,000
$141,000
1st Year5
5th Year5

Colonial Life Enrollment

1-to-1 benefits counseling. Voluntary and/or core products.

50%4
$707
$57,000
$1,141,000
1st Year
5th Year
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Privacy, Legal and Disclosure Notices

1 Assumptions: Product mix includes all of Colonial Life's products; 75% collected premium rate; 50% participation; $707 in annual premium per payer.

2 Source: Colonial Life data based on May 2010 - April 2011 enrollments.

3 Source: Voluntary Participation Rates, Spotlight Report, August 2010, Eastbridge Consulting Group, Inc.

4 Source: Colonial Life Enrollment Data: Colonial Life data based on top 75% of cases with 1-to-1 working conditions.

5 Assumptions: Product mix includes all of Colonial Life's products; 75% collected premium rate. Enrollment firm net commission after 70% split of gross commission to enrollment firm.

All compensation projections are for illustrative purposes only. Results will vary based on actual performance levels and other factors such as state, product and sales mix, persistency and timing of premium collections. Typically, Colonial Life will collect 70-80% of annualized sales premium on submitted business. This is the property of Colonial Life & Accident Insurance Company. Colonial Life has not authorized any use other than for illustrative purposes.

©2011 Colonial Life & Accident Insurance Company
Colonial Life products are underwritten by Colonial Life & Accident Insurance Company. Coverage may vary by state and may not be available in all states. Colonial Life is the marketing brand of Colonial Life & Accident Insurance Company.

In New York, similar products and services, if approved, are underwritten by a Colonial Life affiliate, The Paul Revere Life Insurance Company.