1. The Retail program is designed to attract capitalized entrepreneurs seeking a start-up opportunity that maximizes their ROI and
provides the financial support to rapidly grow.
The Candidate
„„ Proven background in building and managing a business venture
„„ The desire to build a business legacy to monetize or pass on
„„ Decisions made with ROI and cash flow in mind
„„ Values University of Farmers and best in class learning and development opportunities
Self-Motivation and Independence
„„ Effective time-management skills and self-reliance to accomplish goals
„„ The ability to identify and focus on priorities
Communication Skills
„„ The ability to inspire as well as listen and learn from others
„„ Leadership and people management skills
Performance
„„ The motivation to work hard and take risks to achieve financial success
„„ Willing and able to make investments into business opportunity for future gain
„„ The willingness to accept responsibility for personal success and failures
RETAIL PROGRAM

2. The Process
Assets
„„ Minimum of $50,000 in seasoned investable assets
Licensing and Training
„„ Property and Casualty, Life and Health and Approved U4 required prior to agent appointment
„„ Training Milestones and Assessments
Background Check
„„ Satisfactory results of background check
Business Plan
„„ Approval of 5-year business plan and cash flow projection
Branded Office Location
„„ Office location fully equipped and compliant with Farmers SMART Office brand standards
Agency Staff
„„ Minimum of 2 licensed and appointed agency staff members
The Benefits
Economic Interest
„„ Earn Contract Value according to the terms of the Agent Appointment Agreement
Sale of Service and Commission Rights
„„ Immediate ability to sell service and commission rights
Office Start-up Bonus Program
„„ Up to $10,000 bonus for office startup expenses
Agency Lead Generation Bonus Program
„„ Up to $5,000 bonus for lead generation expenses
Annual New Business Premium Bonus
„„ 6% paid on rolling 12-month new business Agent Eligible Premium
„„ Paid at end of each of three 12-month periods following Career Appointment
„„ Annual bonuses paid on Life and Commercial premiums subject to caps
Monthly New Business Premium Bonus
„„ Monthly bonus % paid on qualified new business premium
„„ All Agents start at Tier C bonus level for first quarter and then Tiers are determined by prior quarter performance
„„ Monthly bonuses paid on Life and Commercial premiums subject to caps