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 BONUS | PROFESSIONAL EDUCATION BONUS | NAIFA 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. | 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.