Information for our customers regarding producer compensation

Transparent disclosure is essential

Assurant Employee Benefits is committed to full, fair, accurate, timely, and understandable disclosure of compensation paid to producers (broker, agent or consultant) in connection with business placed or retained with us. It is our belief that transparency is essential and serves the best interest of both the customer and our industry. We also strongly encourage producers with whom we do business to disclose compensation received from us including any producer bonus payments and discuss how the compensation received relates to your policy. Such discussions promote transparency and assist producers in meeting any disclosure obligations they may have under state and federal laws.

Our policy

It has been our policy and practice to fully disclose compensation we pay to producers including producer bonus payments and non-monetary compensation to our ERISA plan customers that may be required to file Form 5500, as well as to our ASO and CSO customers. We also will provide producer compensation information to any customer upon request.

Frequently Asked Questions

Why is Assurant Employee Benefits publishing its policy on producer compensation?
It is the right thing to do. Open communication with our customers is at the core of our value system and we are committed to the transparency of our compensation programs.

What does Assurant Employee Benefits consider to be producer compensation?
Producer compensation includes all commissions, bonuses, allowances, fees, recognition rewards, trips, gifts or prizes, and other payments from Assurant Employee Benefits to the producer relating to the placement, renewal or servicing of our business.

How can I obtain compensation information about my producer?
We have a request form available for customers to request compensation information regarding their producer. Customers may request information about their producer's compensation at any time by completing and submitting the request form or by contacting us at 800.708.0686.

Additional Information

Visit the Producer compensation section on this site to view our current standard commission scales and the 2009 producer bonus program.

Complete the customer request form to obtain additional information about your producer's compensation.