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 Requirements
Top 140 Qualifiers
12 Cases (Life and/or Annuity)
Guaranteed Qualification
$400,000 in convention credit
Minimum Qualification
$150,000 in convention credit
Qualification Period
The qualification period for the LBL 2011 Conference of Leaders
is 15 months for applications written October 1, 2009, through
December 31, 2010. These applications must be issued and
released (all issue requirements satisfied) by January 31, 2011.
Eligibility
The “Top 140” licensed representatives of the Company who
qualify in accordance with the minimum requirements ($150,000
and 12 new apps) are eligible for an invitation to attend.
If $400,000 in convention credit (and 12 new apps) is attained,
you are automatically qualified. Of course, you must be
contracted in good standing with the Company at the time the
convention is held.
Production Requirements
 A minimum of $150,000 in convention credit is needed to qualify. Standings are reported on in-force business. Convention credits
are not assignable. Qualification credit is given to the agent or
agency number designated on the application.
Convention credit is based upon the following formula:
• 100% of the minimum required first-year commissionable
premium for term, universal life, and last survivor policies
• 5% for universal life excess
• 5% for first-year commissionable premium on GenBuilder
and Echelon
• 5% for first-year commissionable premium on fixed annuities
• Variable products are not eligible for conference credit
• A cancellation, surrender, or withdrawal will result in a
reduction of convention credit in the corresponding amount
2009 Bonus Credit
• 50% additional convention credit for qualifying business written
and received in the home office during the time period of
October 1 through December 31, 2009, and issued and released
by January 31, 2010
Case Requirement
The minimum number of cases required is 12. These cases may
be any combination of life or annuity plans. An agent can qualify
with minimum credits of $150,000 and 12 cases, but must be in
the “Top 140.”
Persistency Requirement
A minimum persistency of 85% must be maintained on all
business placed during the qualification period and continuing
in force through January 31, 2011.
Invitation
Only the qualifier and his/her spouse or guest, 18 years of age
or older, may attend the conference. Because this is a business
meeting, attendance by children or additional guests is not
allowed. A guest must be accompanied by the qualifier in order to
attend a Lincoln Benefit Life conference.
 Participation is by invitation only, and acceptance of same
is strictly voluntary. Attendance at any Lincoln Benefit Life
conference is not mandatory.
An individual who qualifies and receives an invitation and who,
for any reason, is unable to attend the conference, is not entitled
to any other compensation, nor may the qualifier substitute in his/her stead any other person.
Any agency qualification and assignment of the trip to agency
personnel, other than the contracted principal, will be at the
discretion of the Company.
Expenses
Federal/state income tax incurred as a result of attending the
conference is the responsibility of the qualifier. A 1099 in the
amount of the “fair market value” of the trip will be issued. It is
suggested that participants consult their tax advisor in regard to
tax treatment.
Lincoln Benefit Life will provide coach-class air transportation
from the nearest major airport to and from the convention
destination. Ground transportation to and from residence and
airport is not included.
 The Company will cover your hotel accommodations, company sponsored
functions, and gratuities necessary to complete the
included portions of your trip.
Any deviation from the Lincoln Benefit Life planned program
is at the qualifier’s own expense and subject to availability. All
additional travel expenses must be paid in full by the participant
prior to the convention.
The rules governing qualification requirements for the 2011
Conference of Leaders may, if necessary, be amended by the
home office during the qualification period. All inquiries/communications concerning any aspect of the conference may
be submitted in writing to Lincoln Benefit Life Sales Promotion Department at
LBLSales@allstate.com |
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