Amendment to Sales Agreement: Annuity Base Commission Schedule between Symetra Life Insurance Company and Agency

Summary

This amendment updates the commission schedule for annuity products sold by an agency on behalf of Symetra Life Insurance Company. It details the commission rates for various fixed income and fixed deferred annuities based on product type, issue age, payout options, and purchase payment amounts. The schedule replaces any previous versions and may be changed or canceled by Symetra at any time with written notice. The agreement also references chargeback provisions and conditions for contract replacements. Portions of the document are confidential and have been omitted.

EX-10.2 3 sya-2013930exhibit102.htm EX-10.2 SYA-2013.9.30 Exhibit 10.2
Exhibit 10.2
Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corporation, this information has been filed separately with the Securities and Exchange Commission.

AMENDMENT TO SALES AGREEMENT
ANNUITY BASE COMMISSION SCHEDULE

Product Name
Issue Age

Payout
Options


Purchase Payment
Base Commission
LSA #
(internal coding)
Commission Effective Date
FIXED INCOME ANNUITIES
 
 
 
 
 
Advantage Income
0-95
All
All
[***]
603n
3/1/2007
FIXED DEFERRED ANNUITIES*
 
 
 
 
 
Select 5 ╪
 
 
0-80
0-80
0-80
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
3018
10/4/2010
81-86
81-86
81-86
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
3018
10/4/2010
87-90
87-90
87-90
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
3018
10/4/2010
Select 7
 
 
0-80
0-80
0-80
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
7442
9/23/2013
81-86
81-86
81-86
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
7442
9/23/2013
87-90
87-90
87-90
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
7442
9/23/2013
Edge 7

0-80
0-80
0-80
All
$10,000 to $49,999.99
$50,000 to $99,999.99
$100,000 and over
[***]
[***]
[***]
7699c
2/25/2013

Refer to the Chargeback provisions of the Annuity Terms and Conditions.

*Base commission applies to initial and subsequent deposits.

╪ If the Contract owner replaces a Select 5 Contract to a new five year term at any time after the fifth contract year, Company will pay Agency the same rates as the Base Commission according to new Issue Age. Upon replacement, Company will issue a new Contract to the Contract owner.










THIS SCHEDULE SUPERSEDES ANY PREVIOUS VERSION OF THE FIXED ANNUITY GRID. THIS SCHEDULE MAY BE MODIFIED OR CANCELED BY COMPANY AT ANY TIME BY PROVIDING WRITTEN NOTICE.



Chase nonNY Grid – Version 2    Symetra Life Insurance Company    .