Commissions Calculator
Commissions Calculator
Choose Life or Annuity, then select the carrier and product. If the same product has several terms, guarantee periods, age bands, or compensation options, all applicable options will appear together in the results.
How it works: Enter the premium or annuity contribution and contract level. For Term, choose Monthly or Annual Premium; monthly premium is multiplied by 12. For IUL, use the Target Premium shown on the policy illustration/report. You can also calculate a 50/50 or 75/25 split between two agents. When two agents are selected, the results show both agents' commissions together, including any optional positive contract-level override difference.
Only used when compensation changes by issue age.
For Term only: monthly premium will be multiplied by 12 to calculate annual premium.
Enter the commissionable amount.
Use Split Commission when two agents share the case.
The selected percentage is Agent 2's share of the case.
Override is the positive contract difference on the lower-contract agent's split share.
Results
Important: Estimates are for first-year compensation only and do not include renewals or residuals. PHP commissions are capped at $10,000 before the grid. For split cases, the calculator allocates the pre-grid commission by the selected split and applies each agent's contract level. Optional override is calculated only as the positive contract difference on the lower-contract agent's split share. Any pre-grid amount above $10,000 is shown as held. Verify carrier and PHP compensation rules before submission.