Employment Application Disclaimer for Independent Insurance Producers
Thank you for your interest in becoming an independent insurance producer with JLH Investment Group LLC. Please read the following disclaimer carefully before proceeding with your application.
Independent Contractor Status: By applying for this position, you acknowledge and agree that if hired, you will be engaged as an independent contractor. You will not be an employee of JLH Investment Group LLC. As an independent contractor, you will be responsible for managing your business operations, including but not limited to your work schedule, expenses, and taxes.
Licensing Requirements: This position requires that you hold a valid Life and Health insurance license in the state of South Carolina, as well as any other necessary licenses required to sell final expense insurance. You are responsible for maintaining your licenses in good standing and ensuring compliance with all state and federal regulations.
Compensation: Compensation for this role will be on a commission basis. There are no guarantees of income or sales, and commissions are earned based on the policies sold and the terms outlined in the producer agreement. As an independent contractor, you will not be eligible for employee benefits such as health insurance, retirement plans, or paid time off.
Compliance and Conduct: As an independent insurance producer, you are expected to comply with all applicable laws, regulations, and ethical standards in the insurance industry. You must also adhere to the policies and procedures of JLH Investment Group LLC and conduct yourself in a professional manner at all times.
Termination of Agreement: Either party may terminate the independent contractor agreement at any time, with or without cause, subject to the terms outlined in the agreement. Upon termination, you will no longer be authorized to represent JLH Investment Group LLC or sell its insurance products.
No Employment Relationship: This application and any subsequent engagement do not constitute an employment relationship. As an independent contractor, you will not be entitled to any employment rights or benefits from JLH Investment Group LLC, and you will not be covered under any of the company's insurance policies or workers' compensation plans.
By submitting your application, you confirm that you have read, understood, and agreed to the terms outlined in this disclaimer. If you have any questions regarding this disclaimer or the nature of the independent contractor relationship, please contact us before proceeding with your application.
JLH Investment Group LLC looks forward to potentially working with you and appreciates your understanding of these important terms.