[ref. c37104620] Farmers Insurance - Retail Agency Ownership Opportunity

RETAIL PROGRAM

The Retail program is designed to attract capitalized entrepreneurs seeking a start-up opportunity that offers financial support to help the agency owner build their business.

• Minimum of $50,000, $60,000, or $70,000 based on prospective office location
• Satisfactory results of background check Licensing and Training
• Property, Casualty, Life and Health licenses prior to agent appointment
• Training program through the University of Farmers® Branded Office Location
• Office location at time of full-time appointment
• Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment Agency Staff
• Minimum of one licensed and appointed agency staff member at full-time appointment

• Contract Value according to the terms of the appointment agreement
• Sale of Service and Commission Rights

••Opportunity to sell service and commission rights Agency Start-Up Bonus

• Monthly Marketing Bonus

• 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 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 subject to specified maximum amounts

• One-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent Program
• Bonuses paid subject to specified maximum amounts