ATTACHMENT 4

 

 

 

 

 

 

 

 

 

 

COMMISSION PROJECTIONS

 

 

 

 

 

 

 

 

 

 

 

 

COMMISSION RATES

PREMIUM PER POLICY

COMMISSION PER POLICY

RETAINED PREMIUM

ESTIMATED POLICIES WRITTEN

TOTAL PREMIUMS

TOTAL COMMISSIONS

TOTAL RETAINED PREMIUM

 

 

15%

$84.50

$12.68

$71.83

50,000

$4,225,000

$95,062.50

$4,129,938

 

 

20%

$84.50

$16.90

$67.60

50,000

$4,225,000

$169,000.00

$4,056,000

 

 

25%

$84.50

$21.13

$63.38

50,000

$4,225,000

$264,062.50

$3,960,938

 

 

30%

$84.50

$25.35

$59.15

50,000

$4,225,000

$380,250.00

$3,844,750

 

 

35%

$84.50

$29.58

$54.93

50,000

$4,225,000

$517,562.50

$3,707,438

 

 

40%

$84.50

$33.80

$50.70

50,000

$4,225,000

$676,000.00

$3,549,000

 

 

45%

$84.50

$38.03

$46.48

50,000

$4,225,000

$855,562.50

$3,369,438

 

 

50%

$84.50

$42.25

$42.25

50,000

$4,225,000

$1,056,250.00

$3,168,750

 

 

55%

$84.50

$46.48

$38.03

50,000

$4,225,000

$1,278,062.50

$2,946,938

 

 

60%

$84.50

$50.70

$33.80

50,000

$4,225,000

$1,521,000.00

$2,704,000

 

 

65%

$84.50

$54.93

$29.58

50,000

$4,225,000

$1,785,062.50

$2,439,938

 

 

70%

$84.50

$59.15

$25.35

50,000

$4,225,000

$2,070,250.00

$2,154,750

 

 

75%

$84.50

$63.38

$21.13

50,000

$4,225,000

$2,376,562.50

$1,848,438

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note:  Premium Per Policy is based on an average policy value of $95,000