Introducing two highly competitive bonus programs

Independence Blue Cross Bonus Programs

New Business + Retention

We proudly offers these programs exclusively to our broker partners. We can also assist with out-of-the-box planning to make sure your agents receive their commissions in a timely manner.

Independence Blue Cross Bonus Programs:

New Business + Retention

We proudly offers these programs exclusively to our broker partners. We can also assist with out-of-the-box planning to make sure your agents receive their commissions in a timely manner.

New Business:
Production Bonus*

New Business: Production Bonus*

Rewarded for New-to-Blue Production

  • Available for all brokers
  • Minimum of 25 members to qualify
  • All New-to-Blue memberships
  • Members include any lives covered by an active policy
  • All payouts apply back to the first member

*The New Business Bonus Program is per member. Not per contract. Minimum of 25 New-to-Blue members to qualify. New-to-Blue is defined as not with an IBX plan in the 60 days preceding the effective date. These members must remain on the books until 4/1.

Net Retention:
One-time Payment*

Net Retention: One-time Payment*

Rewarded for Retention

  • One-time payment
  • Payout commensurate with book size as of 12/1
  • Measured by policy count on 12/1 vs. 4/1
  • Minimum policy count to qualify for payout
  • Payment commensurate with net retention attained
  • Net retention measured from 12/1/2023 until 4/1/2024

 

Net Retention Policy Downloads (PDF)

*The Retention Bonus Program rewards are based on agent tiers for overall contracts. The tiers are agents with 100+ contracts, 250+ contracts, and 400+ contracts. To find out your tier of contracts, please contact us using the contact form below.

100-249 Policies: Net retention of 105% to 119.99% pays out $2,500; Net retention of 120% or greater pays out $5,000

250-399 Policies: Net retention of 100% to 109.99% pays out $5,000; Net retention of 110% or greater pays out $10,000

400 or more Policies: Net retention of 100% to 104.99% pays out $10,000; Net retention of 105% or greater pays out $20,000

Additional Information

Bonus payments will be made to the General Agent in May 2024. Independence at its sole discretion may disqualify any broker from the program or may change or discontinue the bonus programs at any time.

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Register now and start earning your bonus today!

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