AIA Australia’s Transition to Hybrid program can give you an extra 10% first year commission on all policies submitted in year 1 of the program under a hybrid (or level) commission structure, an extra 7.5% for policies submitted in year 2, and an extra 5% for policies submitted in year 3.

Our standard Hybrid structure rates are 80% first year commission and 22% ongoing. With AIA Australia’s Transition to Hybrid program, you could receive 90% first year commission instead of 80% for New Business policies submitted in year 1 of the program, 87.5% for New Business policies submitted in year 2 and 85% for the same in year 3.

In fact, in some circumstances, a Hybrid structure can contribute to increasing the value of your business by as much as 71% by the start of year 4, and as much as by 93% at the end of year 10*.

Don’t miss your chance to fund part of your three-year cash flow gap. Registrations close Tuesday 30 September 2014.

To be eligible, you must also meet minimum new business requirements:

• At least 50% of New Business premiums submitted to AIA Australia must be on a hybrid or level structure
• Total New Business submission premiums to AIA Australia must be above $3,000 per month
• Failure to meet the above two requirements for three consecutive months will result in program suspension

Other terms and conditions apply to your participation in the Transition to Hybrid program and affect the payments made under the program. View full terms and conditions here.

This is general information in summary only, without taking into account the objectives, financial situation, needs or personal circumstances of any individual, and may not be exhaustive. It is not intended as financial, legal, medical or other advice.
 
*Impacts on revenue and business value resulting from participation in the Transition to Hybrid program are indicative only, are based on methodology and assumptions selected by AIA Australia and do not necessarily reflect all the information about any particular business. Such impacts can also vary over time.  No particular impact on revenue or business value is guaranteed.

Where applicable, payments under the Transition to Hybrid program will be made to dealer groups.  AIA Australia is not responsible for the allocation of such payments to individual advisers.

What do advisers who have already made the change to Hybrid have to say?

“I’ve been an adviser for 25 years having built two business models in two different states. With my latest business, I originally started with upfront commissions, but then changed to hybrid around 6 years ago. It was the best thing I ever did."  Deborah Heindl- Director, Heindl & Associates
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"I would strongly recommend electing a hybrid commission structure to any adviser who wants to be in the industry for a long time, develop a business rather than a sales income, improve the level of service provided to clients, increase their income and grow the total value of their business." Gerard Lowe - Director, Lowe Financial Group
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"It’s proven to be a great success. My ongoing revenue has, and continues, to grow. Given the choice, I would not go back to upfronts.” Josh Coligan - Director, Coligan Financial Services
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