2024 NAIFA Quality Award

Multiline Qualification

Internal Use Only
Name*
Maling Address (to receive your certificate)*


Production Qualifications for Multiline Category

Eligibility for the NAIFA Quality Award in the Multiline category is based on your ability to write a large number of policies and cross sell additional lines to new and/or existing clients. The award is achieved by meeting each of three separate production levels.

PRODUCTION QUALIFICATION 1
PRODUCTION QUALIFICATION 2
$20,000 of new paid life premium with a minimum of 15 new life applications. Or a minimum of 40 new life applications with no minimum new paid life premium requirement.

Eligible policies:
  • All annual premium and flexible premium life policies (includes term conversion)
  • Single premium life policies
  • Renewable term policies
  • Payroll deduction and salary savings (individual life policies)
       AND250 new property and casualty policies issued.

Eligible policies
:
  • Fire and allied lines (includes personal and commercial)
  • Casualty insurance (includes personal and commercial auto insurance)

If you do not meet the qualifying levels of production criteria outlined above, it is possible to earn bonus credit for your qualifying production in other practice specialty categories, professional education and NAIFA service. See the Multiplier Bonus section below to determine your bonus credit.

Please enter numbers only, avoid commas. Fractions will be rounded automatically to the nearest whole number.
$
Please enter numbers only, avoid commas. Fractions will be rounded automatically to the nearest whole number.
Please enter numbers only, avoid commas. Fractions will be rounded automatically to the nearest whole number.
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MULTIPLIER BONUSES – MULTILINE CATEGORY

NAIFA recognizes your practice may span multiple specialties. The following multiplier bonuses allow you to combine credit for your production in other specialties in order to achieve the NAIFA Quality Award production qualifications.


NAIFA also recognizes the value of professional education and a commitment to serving your industry association and provides possible bonus credit for these achievements as well. Review the opportunities below to see if you qualify for a production bonus.

Multiplier Bonus (see below to determine bonus eligibility)

MULTIPLIER BONUSES – MULTILINE CATEGORY

NAIFA recognizes your practice may span multiple specialties. The following multiplier bonuses allow you to combine credit for your production in other specialties in order to achieve the NAIFA Quality Award production qualifications.

NAIFA also recognizes the value of professional education and a commitment to serving your industry association and provides possible bonus credit for these achievements as well. Review the opportunities below to see if you qualify for a production bonus.

ASSETS UNDER MANAGEMENT BONUSPROFESSIONAL EDUCATION BONUSNAIFA LEADERSHIP BONUS
If you meet the minimum assets under management level, add the corresponding bonus level (0.1,0.2,0.3,0.4) to 1.0 as explained below.

Bonus Level Assets Under Management
0.1$2.5 million or more
0.2$3.75 million or more
0.3$5 million or more
0.4$6.25 million or more
If you currently hold any of the following designations or certifications, add 0.1 to 1.0 as explained below.
  • LUTCF
  • LACP
  • ChFC
  • CLU
  • CPUC
  • CIC
If you are a LILI Graduate or served as a NAIFA leader during any part of 2023, add 0.1 to 1.0 as explained below.

Eligible Leadership Positions:
  • NAIFA Local Association Officer, Board Member or National Committeeperson
  • NAIFA State Association Officer, Board Member or National Committeeperson
  • NAIFA National President, President-Elect, Secretary, Treasurer, Immediate Past President or Trustee


Add the total bonus from the above three bonus areas to 1.0. Multiply the result by the three Production Qualification amounts shown above (New Life applications in 2023, New Life premiums in 2023, New Property and Casualty policies in 2023). The maximum multiplier bonus amount is 1.6.





Fee*
$
Internal use only.

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