18-181A 18-181A . . . Insurance Agents Stock Option Plan under which Compensation Committee may grant Non-qualified Stock Options to any insurance agent who signs agreement which commits agent to produce at least $300,000 of premiums during specific three-year period ("Qualification Period"). Number of shares covered by option is equal to agent's premium commitment divided by $100, and options become exercisable only to extent agent satisfies his or her minimum commitment for premiums during Qualification Period, and only to extent loss ratios for insurance business written meet or exceed certain performance criteria
Indiana Insurance Agents Stock option plan
Category:
State:
Multi-State
Control #:
US-CC-18-181A
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Insurance Agents Stock Option Plan?
If you wish to complete, obtain, or printing authorized record themes, use US Legal Forms, the largest assortment of authorized kinds, which can be found on-line. Use the site`s simple and easy convenient look for to find the paperwork you need. Numerous themes for organization and specific functions are sorted by categories and states, or keywords and phrases. Use US Legal Forms to find the Indiana Insurance Agents Stock option plan within a few click throughs.
Should you be previously a US Legal Forms customer, log in to your bank account and click on the Down load button to get the Indiana Insurance Agents Stock option plan. You can even gain access to kinds you previously saved within the My Forms tab of your own bank account.
If you are using US Legal Forms the very first time, refer to the instructions below:
- Step 1. Make sure you have chosen the form to the correct town/land.
- Step 2. Make use of the Preview method to examine the form`s information. Never forget about to read through the explanation.
- Step 3. Should you be not happy with the type, utilize the Look for field on top of the screen to find other models of the authorized type format.
- Step 4. After you have located the form you need, click the Get now button. Opt for the costs strategy you choose and add your credentials to register to have an bank account.
- Step 5. Process the purchase. You can utilize your credit card or PayPal bank account to perform the purchase.
- Step 6. Pick the structure of the authorized type and obtain it on the system.
- Step 7. Complete, change and printing or indicator the Indiana Insurance Agents Stock option plan.
Each and every authorized record format you acquire is your own property forever. You may have acces to each type you saved in your acccount. Click on the My Forms portion and choose a type to printing or obtain again.
Remain competitive and obtain, and printing the Indiana Insurance Agents Stock option plan with US Legal Forms. There are millions of skilled and state-specific kinds you can use for the organization or specific requirements.
Form popularity
FAQ
One of the main disadvantages of working with a broker is that you might have to pay a fee or a commission for their services, which can increase the cost of your insurance. A broker might also have limited access to some insurers or policies that are not part of their network or affiliation.
An insurance agent works on behalf of an insurance company to find new clients. Brokers work for their client, helping find them the right insurance company to meet their specific needs.
Although brokers sell insurance, they don't work for one insurance company as an agent does. Instead, they work for you to find the most suitable policy that meets your specific needs. Brokers don't underwrite insurance policies.
Q: Can I go to the website to look up how many CE credits I have? A: Yes, .sircon.com/indiana. The continuing education transcript is located under the link "look up education courses and credits". Q: Do I have to take 24 credits for my life & health license and 24 credits for my property & casualty license?
An example of rebating is when the prospective insurance buyer receives a refund of all or part of the commission for the insurance sale. Rebates can be made in the form of cash, gifts, services, payment of premiums, employment, or almost any other thing of value.
Insurance brokers are specialists in insurance protection. They are independent, have an indepth working knowledge of the insurance market, are able to provide professional objective advice on identifying risks and exposures, and recommend cost effective solutions.
To put it briefly: A real estate agent is licensed to help people buy and sell real estate, and is paid a commission when a deal is completed. The agent may represent either the buyer or the seller. A real estate broker does the same job as an agent but is licensed to work independently and may employ agents.
Indiana Insurance Licensing State Requirements Complete an Insurance Indiana Prelicensing Course. ... Pass Your Indiana Licensing Exam. ... Apply for an Indiana Insurance License. ... Plan to Complete Required Insurance Continuing Education (CE) Credits.