Referral Partner Terms & Conditions

1. Program Eligibility

1.1 General Eligibility

To participate in the IPA Referral Partner Program, you must be at least 18 years of age, a legal resident or authorized business entity in the United States, and not be prohibited by law from participating in insurance referral programs.

1.2 Licensed vs. Unlicensed Partners

The program has two participation tracks:

• Unlicensed Partner: For professionals without a P&C insurance license. Participation is limited to making warm introductions. No commission or referral fees are paid to unlicensed partners.
• Licensed Partner: For active P&C insurance producers in good standing. Licensed partners may earn commission income as described in the Licensed Partner Participation Agreement and Section 3 of these Terms.

1.3 State Restrictions

Referral activities must comply with the laws of the state(s) in which you operate. Some states have specific requirements or restrictions on insurance referral arrangements. You are responsible for understanding and complying with your state's laws. IPA makes no representation that the program is legally available or appropriate in all states.

2. Account Activation and Use

2.1 Accurate Information

You represent and warrant that all information provided during activation is true, accurate, and complete. Providing false information is grounds for immediate termination.

2.2 Account Security

You are responsible for maintaining the confidentiality of any login credentials, referral links, or access codes provided by IPA. You must notify IPA immediately if you believe your credentials have been compromised.

2.3 Permitted Use

Your partner account and referral materials may be used solely for making introductions and referrals under your Partner Participation Agreement. Any other use is prohibited.

2.4 Account Inactivity

IPA reserves the right to deactivate accounts that have had no referral activity for 12 consecutive months, with 30 days' notice.

3. Commission and Payment Terms (Licensed Partners Only)

This section applies exclusively to Licensed Partners. Unlicensed partners are not eligible for any commission, fee, or compensation tied to insurance policy placement.

3.1 Commission Eligibility

Commissions are earned when: (a) a referred client is introduced to IPA by the Licensed Partner; (b) a policy is placed through IPA or its national carrier partners; and (c) IPA receives and reconciles commission from the applicable carrier. All three conditions must be met for a commission to be earned.

3.2 Commission Rate

Licensed Partners earn 50% of IPA's net commission share as detailed in the Licensed Partner Participation Agreement. Rates are subject to change with 30 days' notice.

3.3 Payment Timing

Commissions are processed after IPA receives and reconciles carrier payment. Typical payment cycle is within 30 days of IPA's receipt of carrier commission. IPA is not responsible for delays caused by carrier payment timing.

3.4 Payment Method

IPA will communicate the available payment method(s) at partner setup. Payment options may include ACH bank transfer, check, or Stripe disbursement, subject to change with notice.

3.5 Tax Reporting

You are solely responsible for reporting and paying all applicable taxes on commissions received. IPA will issue IRS Form 1099-NEC for annual commission payments of $600 or more, as required by law. You must provide accurate tax identification information (W-9) before commissions can be paid.

3.6 Minimum Payout Threshold

IPA reserves the right to establish a minimum payout threshold. If applicable, commissions below the threshold will accumulate and be paid when the threshold is met.

3.7 Disputed Commissions

Commission disputes must be submitted in writing within 60 days of the commission statement date. Disputes submitted after 60 days will not be considered.

4. Conduct Requirements (All Partners)

4.1 Prohibited Activities

The following activities are prohibited for all partners:

• Making false, misleading, or deceptive statements about IPA or insurance products
• Engaging in any form of insurance solicitation without a valid license
• Discussing, quoting, comparing, or recommending specific coverage, rates, or carriers
• Using IPA's name, logo, or materials without authorization
• Contacting IPA's carrier partners directly about appointments or programs
• Soliciting IPA's clients, agents, or partners for competing programs
• Engaging in conduct that violates any applicable law or professional standard
• Making claims about income, earnings, or financial results of the program that are not pre-approved by IPA

4.2 Marketing and Advertising

Partners may not create marketing materials, websites, or social media content claiming affiliation with IPA without IPA's prior written approval. IPA will provide approved partner language and branding guidelines.

4.3 Social Media

Partners may share IPA's publicly available content on social media. Partners may not create paid advertisements mentioning IPA without prior written approval.

5. Privacy and Data Use

5.1 Client Information

Any client information shared with IPA through the referral process is governed by IPA's Privacy Policy. Partners agree not to use referred client information for any purpose other than facilitating the referral introduction.

5.2 Partner Information

IPA collects partner information during activation and uses it to administer the program, process payments, and communicate about program updates. IPA does not sell partner information to third parties.

5.3 Communications

By activating a partner account, you consent to receive communications from IPA related to the program, including account updates, commission statements, and program announcements. You may opt out of non-essential communications at any time.

6. Intellectual Property

All IPA trademarks, logos, content, materials, and proprietary program information are and remain the sole property of Insurance Pro Agencies, Inc. Partners receive a limited, non-exclusive, non-transferable license to use IPA-provided referral materials solely for the purposes of this program. No other intellectual property rights are granted.

7. No Exclusivity

This program is non-exclusive. IPA may work with any number of referral partners, and partners may work with other organizations. There are no minimum production requirements or referral quotas.

8. Program Changes

IPA may modify the Referral Partner Program, commission structure, or these Terms at any time with 30 days' written notice to active partners. Continued participation after the notice period constitutes acceptance of the updated terms. Material changes will be communicated by email to the address on file.

9. Representations and Warranties

By activating a partner account, you represent and warrant that:

• You have full authority to enter into this Agreement
• Your participation does not violate any other agreement you are a party to
• All information provided is accurate and complete
• You will comply with all applicable laws and regulations
• Licensed Partners: your P&C license is valid, active, and in good standing

10. Disclaimer of Warranties

The IPA Referral Partner Program is provided “as is.” IPA makes no warranty, express or implied, including any warranty of fitness for a particular purpose or merchantability. IPA does not guarantee any specific level of client placements, commission income, or program availability.

11. Governing Law and Disputes

These Terms are governed by the laws of the State of Illinois. Disputes are subject to binding arbitration in Cook County, Illinois, as described in your Partner Participation Agreement.

12. Contact Information

For questions about these Terms or the Referral Partner Program, contact:

Insurance Pro Agencies, Inc.
Chicago, Illinois
Email: partner@insuranceproagencies.com
Website: www.insuranceproagencies.com