Marketing Reimbursement Program (MRP)
Program Rules
1. No minimum production requirements. When you achieve level 2 or 3, you never go backwards. You remain earning at the achieved level and all business counts towards achieving level 3.
2. NAB marketing reimbursement money must be used for marketing expenses including all approved lead generation expenses, direct mail pieces, seminar expenses, and any other NAB approved marketing expense.
3. MRP credits will not be accumulated in conjunction with any other NAB program.
Level 1: $0 to $3,000,000 of approved Annuity Product Premium gives you .25% of reimbursement
- Example 1: $300,00 of annuity premium equals $750
- Example 2: $1,200,000 of annuity premium equals $3,000
- Example 3: $3,000,000 level 2 achieved. All premium from that day forward earns you .50%
There is no time limit or re-qualification for the following year.
Level 2: $3,000,000 or more of approved Annuity Product Premium gives you .50% of reimbursement
- Example 1: $3,100,000 equals $15,500
- Example 2: $5,000,000 equals $25,000
- Example 3: at $5,000,001 level 3 is achieved. All premium from that day forward no matter what year earns .75%.
Level 3: $5,000,000 or more of approved Annuity Product Premium gives you .75% of reimbursement
- Example 1: $5,500,000 equals $41,250
THERE ARE NO YEARLY PRODUCTION REQUIREMENTS. YOU CAN TAKE TIME OFF COME BACK AND START AGAIN WHERE YOU LEFT OFF.