| 1. |
To
develop our own web site for customers to buy insurance
on line. Big difference, all sales are
credited to an agent (AGENCY BUILDER). In other
words, the agent (AGENCY BUILDER) gets paid as if
he/she solicited and wrote the policy themselves.
This will be done by tenure and zip code. An agent
(AGENCY BUILDER) must be current on their personal
minimum production requirements in order to qualify
for an internet generated sale. All sales in this
program will go through an agent (AGENCY BUILDER). |
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Example:
A customer buys a policy on the internet and the
annual premium is $1000. ABS, INC’s commission
on this policy is $1390. The agent we assign
to this account would be paid 75% of this or $1042.50.
The remainder, 25% would go into the SYSTEM
and pay overrides, bonuses, etc. Only the
AGENCY BUILDER SYSTEM, INC. will do this for you!
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| 2. |
We
plan to buy some of the existing web sites that
allow customers to buy on line. All sales
in this program will be handled as #1 above. |
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| 3. |
To
develop our own lead program. Leads will
be distributed by zip code to all. |
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| 4. |
STOCK
OPTIONS: In the later part of the first
year of operations we will begin working with an
underwriter on plans to offer STOCK and STOCK OPTIONS.
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| 5. |
EQUITY
PRODUCTS: To offer equity and variable products
in the latter part of our first year. The
SYSTEMS will work together for personal productions
qualifications. |
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| 6. |
To
work with all agents and try our best to implement
things you want to do. |