Income Disclosure Statement
Last Updated: December 25, 2024
Introduction
CEO Insurance is committed to providing transparent information about the business opportunity available to our independent insurance agents. This Income Disclosure Statement provides information about the income potential and earnings of our agents.
Income Disclaimer
The earnings of CEO Insurance agents can vary significantly and are dependent on numerous factors including but not limited to:
- Time and effort devoted to the business
- Sales skills and experience
- Market conditions
- Client base
- Individual capabilities
Earnings Distribution
The following represents the average annual earnings for active agents in 2023:
| Rank | Average Annual Income | Percentage of Agents |
|---|---|---|
| Top 1% | $250,000+ | 1% |
| Top 10% | $100,000 - $250,000 | 9% |
| Top 25% | $50,000 - $100,000 | 15% |
| Average | $25,000 - $50,000 | 45% |
| Entry Level | $0 - $25,000 | 30% |
Important Considerations
- These figures represent gross income before business expenses
- Earnings can vary significantly based on location and market conditions
- Success requires dedication, hard work, and effective sales skills
- Past performance does not guarantee future results
- These figures are not guarantees or projections of future earnings
Business Expenses
Agents are responsible for their own business expenses, which may include:
- Licensing and certification fees
- Marketing and advertising costs
- Office expenses
- Travel and transportation
- Professional development
Contact Information
For questions about this Income Disclosure Statement, please contact:
CEO Insurance
Email: compliance@ceo-insurance.com
Phone: (555) 123-4567