Supplemental Insurance: Coverage Options and Commission Schedule

  • Individual Market News
    Published December 9, 2019

    There’s still time to strengthen your ancillary product portfolio before open enrollment ends December 15!

    Grow your earning potential by helping your individual clients understand the benefits of pairing supplemental insurance from LifeSecure Insurance Company* with their Premera Blue Cross Blue Shield medical plan, and how it can protect them from financial impact in an emergency.

    LifeSecure Insurance Company offers the following ancillary products:

    • Critical illness
    • Personal accident
    • Hospital recovery

    Want to sell LifeSecure?

    Contact your Premera producer support representative or producer.support@premera.com for more details.

    Commission schedule for 2019 and 2020

     
    Product Commission
    Critical illness Age 18-70 Age 71-74
    Year 1 45% 28%
    Year 2-5 6% 3.5%
    Year 6-10 4% 3.5%
    Year 11+ 0% 0%
    Product Commission
    Personal accident Age 18-69 Age 70-74
    Year 1 45% 34%
    Year 2-5 4% 3%
    Year 6-10 2% 1.3%
    Year 11+ 0% 0%
    Product Commission
    Hospital recovery Age 18-59 Age 60-74
    Year 1 45% 34%
    Year 2-5 5.5% 4.5%
    Year 6-10 1% 1%
    Year 11+ 0% 0%
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