Experience You Can Trust

Since 2005, Elite Insurance Group has been specializing in the Senior market. As a company, we strive to uphold professional values such as honesty, integrity, and trust. By following these simple guidelines, we have become just what our name states, Elite.

Our mission at Elite Insurance Group is to support and provide our agents with the resources they need to assist the Senior market with the appropriate selections of Health and Life products they need.

EIG Advance Model Proforma — $325 Max

Elite Insurance Group · Distribution Finance · $325 Max Advance

Advance Model Proforma

Advance economics driven by your actual submitted apps per month, carrier mix, accretion, and New-to-Medicare mix. Every submit is advanced $325; only the accreting share produces carrier payments. January (AEP) cohorts earn full unprorated commission, later cohorts prorate down. Adjust any input to re-run live.

Advance & Agents

Advance per submit$325

Number of agents (context)25

500 total submitted apps · 20 per agent. Set monthly volume in the Month-over-month panel.

Carrier Mix & Override Proration

Enter apps per carrier (sets the mix); the monthly panel still sets total volume and timing. Tap each carrier's 1/12 or flat tag to set override proration.

Compensation Assumptions

CMS street rate (Yr 1)$347

Renewal rate (of Yr 1)50%

Risk & Mix

Accretion (% that pay)75%

New-to-Medicare (% of submits)10%

Adds a second $347 (prorated 1/12) on NTM apps.

Yr 1 chargeback (paying apps)0%

Yr 2 persistency100%

Include admin renewal fee in Yr 2

Month-over-month · submitted apps

Total: 500

Enter the actual submitted apps effective each month. January cohorts earn full commission; later months prorate 1/12 per month, so the same submit is worth less the later it lands.

■ Net 2-yr position by cohort · positive months above the line, negative below.

Month	Apps	Yr 1 recovery	2-yr net	Net / submit

True monthly cash flow

Carrier payment lag

— Cumulative cash position ■ net-positive month ■ net-negative month. Advances fund in the effective month; Year 1 carrier payments arrive after the lag; renewals 12 months after that.

Month	Advances out	Recoveries in	Net	Cumulative

Realized recovery vs. advance · per submit

■ Commission ■ NTM uplift ■ Override ■ Advance.

Per-submit waterfall (book average)

Carrier mix breakdown

Carrier	Share	Override FY (avg)	Proration	Apps	Yr 1 recovery	2-yr net

Illustrative projections, not guaranteed compensation. Accretion is the share of submits that ever produce a carrier payment; fallout forfeits the full advance to the debt ledger. NTM adds a second initial-year commission (prorated 1/12) on the New-to-Medicare share. Override proration applies the 1/12-per-month factor to flagged carriers only. Override FY (avg) is volume-weighted across the months apps were submitted.