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FUBA: Florida United Business Association

Agency Commission

FUBA Workers’ Comp recognizes and appreciates our agencies' support of our workers’ compensation program.  We are pleased to announce that approved agencies will earn 18% commission on all new business bound with effective dates on or after April 1, 2009.  Agencies will earn 18% commission for a full 12 months on all new policies bound with effective dates from April 1, 2009 through March 31, 2010.

Commission is paid to the agent on a monthly basis, according to the premium collected from Fund members for the prior month and a detailed listing of which accounts were collected for that month is included.

Your agency's commission can either be mailed to you in a check or deposited directly into your bank account.  If you are interested in receiving your commission via direct deposit, please fill out the Authorization Form for Direct Deposit and email or fax it to us at 850-681-0765.

Commission checks are mailed within thirty days after the end of the month in which the premiums are received and recorded, less any commissions on returned premium.

Individual agency commission levels can vary depending on your agency's total written premium volume.  We encourage you to contact your Marketing Representative to learn how you can earn additional commission.

 

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Mar 10, 2010

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