The Retail program is crafted for passionate entrepreneurs aspiring to become agency owners. It offers vital support that empowers you to expand your business with customized resources, comprehensive training, and expert guidance, helping you shine in agency ownership and succeed in a competitive landscape.
Requirements
● Minimum of $100,000
● Satisfactory results of background check
● Property, Casualty, Life, and Health licenses prior to full-time appointment
● University of Farmers® training program
● Office location at time of full-time appointment
● Fully equipped and compliant with Farmers® brand standards
● Minimum of two licensed and appointed agency staff members at full-time appointment
Benefits
● Contract Value according to the terms of the appointment agreement
● Opportunity to sell service and commission rights
● Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount
● $5,000 bonus following full-time appointment
● One-time bonus based on applicable net new business commissions while on the Reserve Agent Program
● Bonus paid subject to specified maximum amount
● Up to $500 per month in Agency Growth Program lead opportunity credits if program qualification goals are met
● Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years
● Bonuses based on Life and Commercial commissions are subject to specified maximum amounts
● Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years
● Bonuses based on Life and Commercial commissions are subject to specified maximum amounts