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SCHEDULE OF COMMISSIONS AND FEES
This Schedule is attached to and made a part of the Agreement by and between Gregg
R. Gilbert (the “REPRESENTATIVE”) [petitioner] and CAPITOL AMERICAN LIFE INSURANCE COMPANY
(“CAPITOL”) [Conseco].
Plan Enrollment COMMISSION
Type of PoliciesCode Fee First Year Renewal
Hospital Intensive Care I- Series 100%65% 15%
Hospital Intensive Care SG-- * *
CancerAid V- Series 100% 65% 15%
(Except VF)
CancerAid J- Series 100% 65% 15%
HeartCare K- Series 100% 65% 15%
** Economaster All (i.e., VF)100% 49% 15%
Disability IncomeTS 100% 55% 15%
Disability IncomeRY 100% 55% 15%
*** Disability Income RG-- 55% 15%
Accident B 100% 55% 15%
Accident BA 100% 60% 15%
With Return of Premium
Accident BA 100% 43% 15%
Without Return of Premium
Hospital IndemnityHO 100% 55% 15%
*0* Life L -- 75% 9%
Additional Benefit Rider Z- Series --0% 0%
Less all first year and renewal commissions due or payable to sub-agents, if any.
* Pay “IG” First Year/Renewal on $320 Daily Benefit with no commission on $280 Daily
Benefit.
** Renewals paid year 2 through 6 only.
*** Notwithstanding any provisions in this agreement, renewal commissions on the Security
Protector (Plan Code RG) will be paid on the full renewal premium for a period of 9
renewal years (policy years 2 through 10 only). However, renewal commissions on said
policies will cease at the policy anniversary date following the insured’s 65th birthday.
*0* Renewals paid years 2 through 10 only; 3% service fee year 11 and after, if agency
actively servicing policyholders.
As previously stated, petitioner’s contractual agreements
with Conseco were amended throughout the course of petitioner’s
employment. While there may have been amendments executed after
October 12, 1991, neither respondent nor petitioner has copies of
them and neither was able to obtain copies of such amendments.
Petitioner received renewal commission compensation
throughout his employment with Conseco. Renewal commission
payments reflect renewed policies that were originally sold by
petitioner as a representative, or one of his subordinate
representatives, on behalf of Conseco in years dating back to
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Last modified: May 25, 2011