Harbour Investments Announces Innovative Fixed Insurance Program

Marketing allowance dollars are given to Investment Representatives in order to encourage balanced financial advice.

(PRWEB) January 14, 2006 -- Harbour Investments, Inc., a Madison, Wisconsin, based broker dealer, founded in 1987 by President and CEO, Nick Sondel, announces an enhancement to its Fixed Insurance program. Harbour offers a new “Marketing Allowance Program” to its representatives. Harbour representatives are awarded a marketing allowance when placing any Fixed Life products through Harbour’s brokerage channels. All fixed products (i.e. Life, Annuities, LTC, Disability and Health) written through Harbour’s brokerage channels qualify for the marketing bonus.

The Marketing Allowance Program is effective January 1 through December 29, 2006 on eligible products. A $500 marketing allowance will be awarded when Harbour receives or retains $5,000 applied to the representative’s individual account or $750 on $10,000 applied to the account. For each $1,000 over $10,000, a 25% allowance will be reimbursed to a maximum of $2,500.

“Harbour has been a true pioneer in the design of Fixed Insurance programs”, says Matt Benish, Harbour’s Fixed Insurance Division Manager. Harbour was one of the first broker-dealers to introduce a Fixed program more than 5 years ago, and one of the first to offer a program that applies production credits for Fixed business to the representative’s overall production.

Mr. Benish says, “If you are writing a significant amount of Fixed business, this could increase your overall payout percentage level and could qualify you for Harbour’s elite clubs, Admirals Club and Captains Club.

Mr. Benish also remarked that Harbour is an Equity Indexed Annuity friendly broker-dealer. “For our representative’s protection, Harbour does supervise its Representatives' EIA business, however, we have not limited our product selection. Our representatives receive direct contracts with the insurance carriers which are paid out at 100% street level and sometimes more. This has proven to be a win-win situation for all parties involved. It is Harbour’s intent to bring together all the elements of a full service broker-dealer so our representatives can increase their profitability and the value they bring to their clients. Harbour’s team of dedicated professionals are committed to helping its representatives achieve their goals.”

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