Prospective Agents: Compensation Highlights

Multiple commission options by case
Up to 30 percent GA bonus - all Midland National Life products
Life production calculated monthly — rolling 12-month basis
Renewal bonus options available for life products
Asset Based Compensation (ABC) on permanent life products
Daily Commissions
Rolling Targets (selected life products)
Agent's Deferred Compensation Plan, a non-qualified, contributory plan through which qualifying agents may voluntarily defer 5 to 100 percent of their designated Midland National commissions, overrides, and bonuses. Offers tax-deferred growth, immediate vesting, and various retirement withdrawal options, and allocation to a variety of mutual funds. (Agents qualify on the basis of Club status).
An additional Non-Qualified Deferred Compensation Plan for Midland National Agents who are Registered Representatives of Sammons Securities Company, LLC
- Contributions 100 percent funded by Midland National
- No cap on contributions

Commissions are based on the current rate and are subject to change.

The broker/dealer for Midland National's variable products is Sammons Securities Company, LLC, member FINRA/SIPC. Sammons Securities Company is a registered broker/dealer under the Securities Exchange Act of 1934. Sammons Securities Company is an indirect wholly owned subsidiary of Sammons Enterprises, Inc. of Dallas, Texas, the ultimate parent-company of Midland National.