AIG has updated their commission terms to offer you 9-month commission advances, or 75% of annual commission, on this new SIWL life insurance product – with no annualization fee. This enhancement replaces your current 6-month, or 50%, commission advances with a fee.
Key things to know about this update: |
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This change on April 11, 2022 will affect all AIG products sold under your Transactional Markets Agent code.
- Example: GIWL product sales will also move to 75% annualization or 9-month commission advance. |
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This change to 75% annualization removes the annualization fee. |
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There are no changes to chargeback guidelines. |
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With SimpliNow Legacy, you can close sales in as little as 20 minutes during one client visit, with real-time payments using our fast and easy electronic application (eApp). It offers instant underwriting decisions 100% of the time—with no medical exams.
Complete the four steps in the box and start selling today! |
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