Compensation Overview
The Experior compensation model is designed to reward both personal production and team development. As your career grows, you may unlock additional income streams and bonus eligibility.
Important: Please read before continuing
This is a commission-based independent contractor opportunity. You are not an employee. There is no guaranteed salary, hourly wage, or minimum income. Compensation depends entirely on the business you personally produce and, at qualifying levels, business produced through your organization. All compensation figures are gross amounts before expenses, chargebacks, taxes, and other deductions — actual net income will be lower. Most new advisors earn modest income while they learn the business. You must hold a valid provincial insurance license, active E&O insurance, and completed carrier contracting before you can write eligible business or earn commissions.
Gross vs. Net Compensation
All figures referenced are gross compensation — before deductions. Your actual take-home (net compensation) will be lower after accounting for:
- • Chargebacks (commission recovered if a policy lapses within the chargeback period)
- • Business expenses (licensing, E&O insurance, technology, marketing, travel)
- • Income taxes (you are responsible for your own tax obligations as an independent contractor)
- • Any other applicable deductions or adjustments
Career Stages
Your career path determines which income streams become available. Each stage builds on the last.
New Advisor
Starting out, learning the business, building first client base
Established Advisor
Growing personal production and beginning to develop a team
Team Leader
Leading a team, earning from personal and team production
Agency Builder
Building an agency with multiple teams and leadership levels
Senior Leadership
Leading a multi-level organization with significant scale and recognition
How You Get Paid
Multiple income streams become available as you progress. Not all streams apply at every stage.
| Income Stream | Description | Available From |
|---|---|---|
| Personal commissions | Compensation from your own client sales | New Advisor |
| Personal production bonus | Additional bonus when monthly production thresholds are met | Team Leader |
| Team overrides | Compensation connected to business produced through your organization | Team Leader |
| Hierarchy bonus programs | Additional bonus programs for qualifying agency and team builders | Agency Builder |
| Legacy program | Long-term income component available to qualifying agency builders, subject to program requirements | Agency Builder |
| Recognition programs | Ring Earner and milestone recognition for top producers | Established Advisor |
Additional Programs
Legacy Program
A long-term income component available to qualifying agency builders. Multiple tiers offer increasing benefits based on agency size and production milestones. Eligibility, terms, and payout conditions are governed by the applicable Legacy program agreement. Details are explained during a confidential discussion.
Right to Transfer
Subject to applicable agreements and Experior policies, advisors may transfer their business to immediate family (spouse, child, or parent). The recipient must hold a valid provincial license, active E&O insurance, and be contracted with the applicable carriers.
Key Terms
| Term | What It Means |
|---|---|
| FYC | First-year commission associated with the applicable carrier and product |
| Contract level | The percentage level associated with an advisor's current status and agreement |
| Personal production bonus | An additional bonus that may apply when specific production requirements are met |
| Override | Compensation connected to qualifying business produced through the advisor's organization |
| Settled premium | Premium that has met the applicable carrier settlement requirements. Settlement timelines vary by carrier and product |
| Gross compensation | Compensation before expenses, adjustments, chargebacks, taxes, or other deductions. Net compensation will be lower |
| Net compensation | Compensation after expenses, chargebacks, taxes, and other deductions — the amount you actually receive |
| Chargeback | If a policy lapses or is cancelled within the chargeback period (typically 1-2 years), part or all of the commission may be recovered by the carrier |
Want the Full Picture?
Download the complete compensation guide with all contract levels, bonus qualifications, and program details.
Promotion Guidelines & Compensation — 2026 edition. This information is for general informational purposes only. Nothing on this page constitutes a guarantee of income or specific results.