Penn Mutual

[celiothrkn]

Has anyone seen anything higher than 90% of target for first year? That's what I've seen from their IFN, and I was told it doesn't change based on production. Wanted to get a second opinion. Thanks.

 

[Tahoe Ray]

Has anyone seen anything higher than 90% of target for first year? That's what I've seen from their IFN, and I was told it doesn't change based on production. Wanted to get a second opinion. Thanks.

That's it as far as I know. I have a marketer contract that is higher but can't use it on personal business...I get paid 90 on that.

A lot of the NY admitted mutuals operate that way since NY caps 1st year comp.

 

[pfg1]

I know guy who is a big producer with Penn. He gets 120.

Ok, just kidding... Ray is right, 90 is all they go.