Corebridge Financial

Corebridge Agent Bonus Program

Earn up to $10,000 dollars during this year’s last quarter! Introducing the Fourth Quarter 2024 SIWL Agent Bonus Program!

October 1 through December 31, if you sell any combination of five SimpliNow Legacy Max (level death benefit) or SimpliNow Legacy (graded death benefit) SIWL policies, you qualify to receive $250. Keep selling, and your bonus grows. After 20 Issued Policies sold during the bonus period, you’ll qualify for a total of $10,000!

This bonus opportunity stands to be one of the most lucrative bonuses for agents in the industry right now. Don’t miss out on your chance to earn big!

Click the button below to learn more or to contact us fill out the form.

To get contracted or receive additional information, please fill out the form below and one of our marketing specialist will reach out within 24 hours.

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Rules for Qualification

  • Call center agents and agents who receive a split commission for sales are not eligible.
  • Eligibility is limited to Issued Policies during the Bonus Period, net of not-taken policies and other chargebacks resulting in the termination of an SIWL policy. Policies forwarddated for issue beyond the program end date of December 31, 2024 will not be eligible.
  • Maximum payout per individual eligible agent for the Bonus Period is $10,000.
  • Any SIWL policy written and issued on or after July 1, 2024 that lapses or otherwise terminates (except by the death of the insured) during the Bonus Period, or at any time up to the date of payment, will be netted-out of Bonus Period production for purposes of calculating the Bonus. (Example: 1 SIWL policy sold in Q3 and lapses in Q4; 10 SIWL policies sold in Q4; Bonus for Q4 calculated using 9 policies).
  • A policy written by an agent on the agent or the agent’s immediate family members and any policy for which the agent is the premium payer is not an Issued Policy and does not count toward qualifying production for purposes of this program. “Immediate family” shall mean a child, spouse, mother, father, grandparent, sister or brother of agent or agent’s Spouse/Domestic Partner.
  • Program is open to all agents appointed with American General Life Insurance Company who are at least 18 years of age. Eligibility is limited to individuals contracted by AGL at the agent level and is based on the agent’s personal production. The company will credit qualifying policies to the qualifying agent based on the writing agent’s tax ID number regardless of the source through which the business is submitted. All agents otherwise qualifying for a bonus payment under this program must have an active contract with AGL throughout the program period, and they must be in good standing with AGL on the date of any payment to be eligible for such payment under the program.
  • Eligible agents appointed at multiple approved agencies qualifying sales will be eligible. Sales in each agency will earn qualifying credits. Payment will be determined at the agency level. The maximum cumulative bonus will not exceed the declared maximum for any single agent.
  • Payments due will be paid to qualifying agents within 35 days following the end of each calendar month during the Bonus Period.
  • The value of the payments will be treated as compensation to the agent, and customary tax reporting will apply. AGL will file Form 1099 with the Internal Revenue Service to report the value of the commission, and recipients assume any federal and state tax liability.
  • AGL will be the final judge on all issues pertaining to the sales incentive program, including, at its own discretion, the determination of commission and the determination of an agent’s qualification for payment.
  • AGL is the sole judge and determiner as to the criteria as defined above and no other methods, calculations or exceptions will be accepted.
  • AGL reserves the right to change, deny or terminate the incentive program at any time without prior notice. All decisions pertaining to incentive programs, and any issues not covered by these guidelines will be determined solely by AGL.
  • Nothing about this program or any compensation arrangement derogates from the agent’s continued obligation to provide insurance products to help meet the needs of agent’s customers as required by law and Insurer’s underwriting rules.
  • No substitutions will be made by AGL, and no other compensation will be provided in lieu of incentive payment.