Compensation & Benefits

Whittenburg Group provides all the tools for you to be successful and earn a substantial amount of income-several of our agents earn more than $125,000 per year. Once agents have decided to retire, they continue to receive annual renewal income.


The Compensation Plan:

  • New business commissions paid weekly
  • Renewal commissions paid by separate check once a month
  • Advance commissions without interest charges
  • A variety of commission levels that allow for career advancement
  • First-year commissions that are 100 percent vested from day one
  • Electronic funds transfer (EFT) to your bank-on time, every time
  • 3% Lead Bonus on any premium that is 24,000 or more in a given quarter


As an agent with Whittenburg Group, you will have the opportunity to order leads through us to support your production efforts. Leads are supplied at several price points to help reach the number of consumers required to achieve your income goals.


Step-by-Step Calculation to Determine Your Earnings Potential


  • The first step in using the calculator is to select your average lead cost and the number of leads you want to work each week. Our average lead cost is $23. Multiplying your average cost-per-lead by the number of leads you work per week gives you the average weekly lead cost you should expect to incur.

  • Next, select your expected closing ratio. The closing ratio is the number of leads you are capable of converting to sales. An average agent can expect a 25% closing ratio.

  • The next selection is to determine the average yearly premium expected per sale. On average, an agents annual premium per sale OR per policy is in the range of $550-$650.

  • Now, select the number of weeks you plan to work in a year and how many of those weeks you will order leads. You should select at least two additional weeks worked per year, than weeks leads are ordered. This allows you time throughout the year to work old leads and existing policyholders.

  • The earnings potential calculator will use your specific input to generate a report that shows you what you can anticipate earning as an agent with Whittenburg Group. The report projects five years of earnings including adjustments for several factors, such as: not taken policies, commission rate adjustments, business retention, lead expenses, and policy renewal commission streams. The "Annual Earnings" indicates the income in each specific contract year. The final, "Career Earnings", gives you the total expected income after each year.


Agent Earnings Potential Inputs

Average cost per lead:

$20                                $23                                  $26                                $29

Leads worked per week:

10                                   20                                     30                                   40

Your expected closing ratio:

18%                               23%                                28%                              33%

Average annual premium per policy:

$450                            $525                                $600                             $675

Weeks per year you will work:

47                                   48                                     49                                   50

Number of weeks you will order leads:

45                                   46                                     47                                   48


National Association of Professional Agents
  • National Association of Professional Agents
    • -Discounted group rates for medical, dental and vision insurance - individual or family coverage.
    • -Group life insurance - guaranteed issue up to $50,000 during first 60 days of membership.
    • -Other discounted products/services (CE credit, FedEx, Sears, Alamo Car Rental, etc.)
    • -$36 annual NAPA membership fee - company paid at President's Club level!
CIGNA Group Personal Accident Insurance Plan
  • CIGNA Group Personal Accident Insurance Plan
    • -Pays for death or injury from covered accidents
    • -$1,000 - $1,000,000 of benefit available
    • -Individual and family coverage options
    • -Annual enrollment period - fixed premiums
Old American Deferred Compensation Plann
  • Old American Deferred Compensation Plan
    • -Defer 1% - 50% of comp as a retirement fund
    • -Variety of investment choices - fixed & variable
    • -Lump-sum or annuity distribution options
    • -One year of service and $50,000 APB/Yr. required.
 
Calendar of Events
Friday
22

Successful 1st Quarter Meeting

Thank you agents for coming out to the 1st Quarter Meeting in Long Beach California last week. CONGRATULATIONS to Mike H. Our Agent of the quarter with $30,000+ production. ...

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A Day in the Life of An Agent

Success Stories

Whittenburg Group agents are in control of their time and income-managing leads in the most convenient and profitable way to best fit their lifestyle...

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Join Whittenburg Group
*Securities Offered Through Sunset Financial Services, Inc. 3520 Broadway Kansas City, MO  64111 (816) 753-7000 (Home Office) Member FINRA/SIPC
Whittenburg Insurance and Investment Group is not affiliated with Sunset Financial Services, Inc.
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