LegalTerms Of Use
Wholesale Incentive

Wholesale Incentive Terms of Use

Updated January 2024

This commission bonus program (“Bonus Program”) applies only to commissions generated from Qualified Policies issued through Pie Insurance Services, Inc. (“Pie”) by Eligible Partners. By participating in this program, each agent and agency agrees to be bound by these rules and by the decisions of Pie, which are final and binding on all matters relating to all aspects of the Bonus Program.

  • Eligible Partner: Any partner who (1) is a wholesale agent, (2) is appointed by and actively representing Pie at the time the Bonus Incentive is awarded, and (3) exceeds the amount of new business premium written by the Partner in Q2 of 2023. This Bonus Program does not include Retail, Large Account, Payroll, or National partners.
  • Bonus Incentive: A bonus of 3.14% of the commission earned for each Qualified Policy bound between October 1, 2023, at 12:01 a.m. Eastern Time and December 31, 2023, at 11:59 p.m. Eastern Time. The Bonus Incentive will be paid at the end of the Bonus Program. 
  • Qualified Policy: An insurance policy issued through Pie; bound with an effective date between October 1, 2023 and December 31, 2023, at 11:59 p.m. Eastern Time; and for which a minimum of deposit premium has been paid. Currently written policies and policies issued to family members of Eligible Partners are not included.

The Bonus Program is void where prohibited or restricted by law. All federal, state, and local laws and regulations apply, as well as the terms and conditions of any brokerage agreement in place with Pie.

Pie reserves the right to interpret rules and award bonuses based upon results according to Pie records as of the completion of the Bonus Program. Pie reserves the right in its sole discretion to determine how to allocate any bonus payable, and Pie’s decision in such matters shall be final. Any liability for taxes imposed on any bonus will be the responsibility of the Eligible Partner.