Eligibility:
You must have an active Bold Penguin Terminal subscription and be in good standing. (i.e., no outstanding subscription fees due, Single Access Terminals are not eligible).
You must have at least one Placement Desk carrier enrolled on your Terminal.
New commercial policies must be bound through a Market Access appointment or the Placement Desk.
FAQs:
Is there a limit on how much I can earn during the #bindislife Monthly Incentive program?
The limit does not exist. Every new commercial policy you bind through a Market Access appointment or through the Placement Desk earns you $25. (New commercial policies bound through a direct appointment are not eligible.)
How will I be paid for the #bindislife Monthly Incentives I earn?
Your total promotional earnings (aggregate) will appear as a separate line item on your monthly Bold Penguin commission statement. Payment will be remitted via EFT (ACH) in conjunction with the processing of commission payments. As a reminder, commissions are processed at the end of the month for the previous month’s activity. Therefore, you can expect to receive October's incentive payment at the end of November, at the earliest.
How do I win the #bindislife Contest?
It’s simple - bind, baby, bind! From October 1 to December 19, 2025, the Bold Penguin Terminal agency that binds the most new commercial policies will snag the grand prize of $15,000! The agency in second place wins $10,000, and third place takes home $5,000.
How will I know how I am doing in the #bindislife Contest compared to other agencies?
Part of the fun is the mystery! 😉 We don’t publish a leaderboard for a few reasons: to respect agency privacy, to keep the competition exciting for agencies of all sizes, and because the real win is about what you bind, not where others stand. Just keep binding - every policy brings you closer to the finish line (and the cash prizes)!
When will we find out the winners of the #bindislife Contest?
Winners of the #bindislife Contest will be announced in February 2026. This timeline allows us to finalize all wholesale commission reports with our carrier partners, ensuring accurate determination of the winners.
Incentive Terms and Contest Rules:
*The #bindislife Monthly Incentive promotion offers you a $25 payment for each new insurance policy you bind using Terminal or the Placement Desk. This is a bonus for you as an agent and is not a discount or rebate that can be passed on to your customers. You are responsible for following all laws, including letting clients know about any material connection between you and Bold Penguin. The bonus is separate from any commission you get from the insurance carrier. This promotion is subject to the full terms and conditions, and it may not be available in all states.