Insurance Agency Compensation
Insurance companies pay PRIMEVEST or its affiliated or controlled insurance agencies sales commissions
when they sell fixed annuities and life insurance (“Insurance Products”), and part of those commissions
go to the PRIMEVEST insurance agent who sold the Insurance Product to you. Although we make a wide
variety of Insurance Products available, we concentrate our marketing and training efforts on Insurance
Products issued by a number of select insurance companies (“Approved Product Companies”). Approved
Product Companies have more opportunities to provide training and education to PRIMEVEST insurance
agents, and attend or sponsor PRIMEVEST education and training meetings. Some Approved Product
Companies pay PRIMEVEST amounts in addition to sales commissions to compensate PRIMEVEST for
these enhanced marketing and training opportunities. The Approved Product Company payments
generally consist of payments based on a percentage of total premiums paid to an Approved Product
Company. Although these Approved Product Company payments are not paid to PRIMEVEST insurance
agents, they benefit agents by allowing them to receive greater training and education, and may pose a
financial incentive for us to promote Approved Product Company Insurance Products over other
Insurance Products.
Below is the current list of Approved Product Companies:
• Allianz Life Insurance Company
• Allianz Life Insurance Company of New York
• American General Life Insurance Company
• American National Insurance Company
• AXA Equitable Life Insurance Company
• Companion Life (United of Omaha’s New York company)
• Genworth Life Insurance Company
• Genworth Life and Annuity Insurance Company
• Genworth Life Insurance Company of New York
• Hartford Life Insurance Company
• Hartford Life and Annuity Insurance Company
•
ING USA Annuity and Life Insurance Company
• Jackson National Life Insurance Company
• Jackson National Life Insurance Company of New York
• John Hancock Life Insur