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The 2016-2017 AFBA and 5Star Life Presidents' Conference

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The 2016-2017 AFBA and 5Star Life Presidents' Conference 5Star Life’s Top Worksite Producers The 2016-2017 AFBA and 5Star Life Presidents’ Conference Turnberry Isle Resort in Miami, Florida October 8-12, 2017 As a reward for our valued top producers, Turnberry Isle, Miami has been selected as the destination for the 2016-2017 AFBA and 5Star Life Presidents’ Conference to be held October 8-12, 2017. Tucked away on 300 lush tropical acres, Turnberry Isle Miami is a Mediterranean-style oasis that exemplifies a culture of authenticity, spirited service and enriching experiences. In addition to hosting prestigious LPGA and PGA golf tournaments, the resort has been the setting for a variety of major motion pictures and television programs. Turnberry Isle offers exceptional service and distinctive amenities, including: • Two legendary courses at the best Miami golf resort with tennis and two outdoor pools • Forbes Four Star Spa & Fitness Center is an annual fixture on Condé Nast Traveler’s highly coveted “World’s Best Spas” list • Walking distance to Aventura Mall, which features a collection of upscale boutiques and more than 300 of the world’s most iconic, recognized retailers • Close to a number of exhilarating South Florida sights, including South Beach, Miami Beach, the Miami Seaquarium, the Aventura Marina, Everglades National Park, Oleta River State Park, and Gulfstream Park Racing & Casino This will be an event not to be missed. The qualification period has already begun! Official qualification period is January 1, 2016 - May 31, 2017 Qualification Period Eligibility • 18 month qualification period: January 1, 2016 – • The qualifying producer must be in good standing with June 30, 2017. AFBA and 5Star Life Insurance Company at the time trip qualification is awarded and on the scheduled trip dates. General Contest Rules • Business must be paid during the contest period to • All contest rules are at the discretion of AFBA and count toward qualification. may be modified or changed at any time during the qualification period. • There are opportunities for writing agents and regional directors at two different qualification levels, • AFBA has final approval of all qualifiers and is the Presidents’ Club and 5Star Circle. final arbiter of any questions or disputes regarding qualification. • Prorata qualification for new agents contracted after April 1, 2016 will be 75% of the qualification • AFBA and 5Star Life records will determine qualification. requirement stated below. Trip Limitations and Exclusions • When two or more agents sign a single application, • Producer may qualify only once. Individuals cannot qualify production credit will be given to each writing agent at both the Writing Agent and Regional Director Levels. based on the split percentage designated on the application, not to exceed 100% combined. • Producer may only count toward one Agency Qualification. • 5Star Circle members will be invited from among the top sales performers (both writing agents & RDs) with • Producer may not transfer qualification trip to another minimum production and persistency requirements agent or agents and may not exchange qualification trip noted below. 5Star Circle members and their guests for cash equivalent. will enjoy additional recognition, activities, and • Guest may not be another appointed agent unless amenities at the conference. spouse/significant other. Qualifications • No buy-in qualification. • Presidents’ Club: (Writing Agent/Agency) $200,000 paid annualized premium (AP), minimum 5 employer groups. • Federal/State income tax incurred as a result of Multiple individual qualifications possible based on qualification award is the responsibility of the qualifier. Agency’s cumulative qualifying annualized premium. A 1099 in the amount of the fair market value of the trip will be issued. Cost incurred by AFBA for qualifier’s • 5Star Circle: (Writing Agent/Agency) Minimum and/or spouse/guest’s non-attendance will be shown as $350,000 paid annualized premium (AP), minimum 5 earnings to qualifier, such as reserved room, airfare or employer groups. Invitations to selected individuals any other items unable to be canceled. Consult your will be extended at the end of the qualification period. tax advisor in regard to tax treatment. Multiple individual invitations possible based on Agency’s cumulative qualifying annualized premium. • Travel arrangements will be scheduled from the nearest U.S. home city departure point as determined by AFBA’s • Management 5Star Circle: (NMO/IMO and Agency travel coordinator. Travel restrictions may apply. Any Management) Minimum $750,000 paid annualized additional pre- or post-extension for travel, change premium (AP). All paid AP from an NMO/IMO or Agency’s in itinerary, or arrangement for rooms will be at the agents shall count towards qualification. Invitations to qualifier’s expense and must be handled between the selected sales managers will be extended at the end of qualifier and AFBA’s selected travel representative. the qualification period. For More Information Contact: Sal Campanile Vice President, Worksite Voluntary Benefits & Group Sales 5Star Life Insurance Company 202-431-4745 (cell), [email protected].
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