Nassau Elite Producer Program

Rewarding and supporting our top producers

The insurance landscape continues to rapidly change. That said, with change comes great opportunity. We want to work with you over the coming years to better serve the emerging needs of consumers in a digital age. Together, we can build the next great insurance franchise. We look forward to partnering with you to serve the next generation of client needs.

We are delighted to announce we will be continuing the Nassau Elite producer program in 2020. We created this program exclusively for our Preferred Distribution Partners to recognize and reward their best producers.

2020 Brochure

brochure cover

ACCELERATE YOUR WAY TO ELITE STATUS

Learn how to earn double qualification credits for a limited time.

At Nassau, we know COVID-19 and today’s interest rates may have affected your business. That’s why we’ve decided to fast-track your way to Elite status.

You need to earn 1.5 million qualification credits to qualify for Nassau Elite. Normally, one dollar of fixed indexed annuity placed premium equals one qualification credit. To accelerate your progress, every dollar of FIA premium submitted from Aug. 1-Sept. 30, 2020 and successfully placed by Dec. 31, 2020 will equal two qualification credits.

View the Flyer

$100,000 Case Example

2x Credit

Program Features

bank

Strong Compensation

50 bps additional compensation on premium placed during the calendar year 2020*. Maintain qualifying levels in 2021** to receive an additional 25 bps on premium placed in 2021 for a total of 75 bps.

Integrity

Elite Service

Direct access to a dedicated team of case managers and suitability analysts, featuring exclusive and expedited concierge service and benefits.

How to Qualify

Elite Graph

PRODUCTION THRESHOLD

Earn 1.5 million qualification credits and place a minimum of 5 cases in 2020. $1 of FIA placed premium equals 1 qualification credit.

Prospectus

ELIGIBLE PRODUCTS

Nassau Growth Annuity, Personal Income Annuity, Personal Protection Choice and Personal Retirement Choice (MYAnnuity 5X, 7X does not apply).

Integrity

Quality of Business

Placement rate of 80% or higher with quality of business in good standing.

OTHER IMPORTANT DETAILS

Qualification period runs from Jan. 1, 2020 to Dec. 31, 2020. Placed premium excludes free looks and cancellations. Eligible products are subject to state approval and may not be available in all states. Qualification credits or Elite qualification may not be transferred to another appointed individual/agent. Nassau is unable to substitute cash equivalent or awards in lieu of attendance. All Elite Program payments will be subject to product charge back rules. Some event expenses related to you (and your potential guests) that are associated with the Nassau Elite Producer Program may be taxable to you and reported on a 1099-NEC. You should consult your tax advisor if you have questions about the tax treatment related to any event-related expenses or your individual situation. Final qualification remains at the sole discretion of Nassau. The Nassau Elite Producer Program is only open to Preferred Distribution Partners and other qualifying producers. Participants must have an active contract and be in good standing to receive incentives. Product sales must be appropriate, based on a comprehensive evaluation of the customer’s financial situation needs and objectives. Eligible products are subject to state approval and may not be available in all states.

Compensation payouts at the end of the year remain based on actual fixed indexed annuity placed premium, not qualification credits.

View Full Qualification Details

Important Information

For financial professional use only. Not for use with general public. Insurance Products: Not FDIC or NCUAA Insured, No Bank or Credit Union Guarantee. *Based on 2020 Qualifying Production and Quality of Business requirements. **Based on 2021 Qualifying Production and Quality of Business requirements.

DISCLOSURE

Product features, riders and availability may vary by state. Nassau does not provide individual tax, financial or investment advice or act as a fiduciary in the sale or service of our insurance contracts. Guarantees are based on the claims-paying ability of the issuing company. Products issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in MA, ME, MN and NY, but that is subject to change. Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group. BPD #40050 8-20