07Oct 2019

New Commission Enhancements Effective September 1st

For the past several years State Fund’s been improving our services and making it easier for you to do business with us. We’ve made significant progress and continue to build out ways to offer you the best in customer experience.

To demonstrate our appreciation for your continued trust and support during this time, your base commissions are being increased by:

  • An additional 3 percent on all middle market renewal business with a standard premium between $25,000 and $500,000.
  • An additional 5 percent on all small commercial business, new and renewal, with a standard premium under $25,000.

This commission increase will apply to policies that meet the above categories and have an effective date of September 1, 2019, through December 31, 2019.

Due to system restrictions, quotes will continue to reflect the original base commission outlined in your contracted compensation schedule for 2019.

If you have any questions, please contact your State Fund Senior Marketing Representative or our Broker Hotline at 1-800-834-2393.

On behalf of the entire State Fund team, thank you for your partnership and for giving us the opportunity to earn your business.

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