Broker Compensation

Broker Compensation For Blue Star Benefits

Once a policy is in full force, brokers who independently enroll a client earn a percentage of the premium depending on the carrier and the structure of Blue Star Benefits contract with the insurance company. If there is a joint sale or Blue Star Benefits has a preferential commission there may be a commission split to ensure that the account can be both supported and compensated for. Commissions will be mailed or direct deposited to your account on the 1st and 15th of the month every month. Please note that cumulative commissions below $80 will be held until an excess of $80 has been reached.

Joint Sales

If you would like our assistance selling the policy, just ask. These joint sales will be on a case-by-case basis and we will discuss this with you prior to withholding any commission.

Individual Joint Sales

If you would like assistance with a sale in our office, but are willing to support the policy, we will gladly do so for 25% of the commission. However, if you would prefer to merely make the introduction, we will pay you 50% of the commission for being so kind.

Group Joint Sales

For many insurance companies, a company representative will join you for free and we will gladly introduce you to company representatives. However if you’d like us to assist you in the sale of a product (representing a variety of carriers) we will pay you 75% of the commission. If you do not want to participate in any of the sale or subsequent servicing of the group, we will pay you 50% of the received commission for the life of the policy.

Agent Compliance

It is required to have errors & omissions insurance to sell health insurance. Do you have yours in force? If either your E&O or your life and health license is out of date we will request the current one from you. As your E&O and license renews, please send it to Joanne Brown who will forward them to your appointed carriers. If you do not supply it within 3 months of the expiration date, we will suspend your commission until you become up to date. Once we have received a current E&O we will pay your back commission.

Agent Referral Program

Tell your friends! For every agent you refer to Blue Star Benefits, $100 will be added to your commission check after that agent sells a policy on someone other than themselves or family.