Associate Agent Opportunity

The Associate agent opportunity is an up to 24-month opportunity designed for business professionals interested in becoming Farmers® agency owners. Upon achieving business requirements for successful program completion, Associate agents may have an opportunity to take advantage of additional, longer term agency ownership opportunities, including appointment to our industry-known Retail and External Acquisition programs.

Hello,

Process

Background Check

● Satisfactory results of a background check

Licensing & Training

● Property, Casualty or Life and Health licenses prior to Associate agent start date

● University of Farmers® training program

Benefits

● Available support from district and territory offices

● An opportunity to have any capital requirements waived or reduced

● New business and renewal commissions

● Full-time appointment opportunity upon successful completion of program requirements

Compensation

● Commissions paid to Associate agent on applicable monthly production

Additional Agency Ownership Opportunity

● If an Associate agent meets all applicable eligibility requirements, they may have an additional agent appointment opportunity, if such an opportunity is available

● Associate agents may be eligible to have any capital requirements reduced or waived based on achieving the following during the last 12 months as an Associate agent appointed with the Companies:

Qualifying NB Gross Folio Premium
PL & Specialty NB (excluding Bristol West® Business)
Life Issued and Paid*
Business Insurance New Business Count**
New Agent Capital Requirement
$100,000
50
4
1
Reduced to $50,000
$150,000
75
6
2
Waived

*The Life Issued and Paid metric does not apply to NY.

**The Business Insurance NB Count metric does not apply to KY, MA, ME, MS, NC, NH, RI, and VT.



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9/26

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