FULMONT MUTUAL INSURANCE COMPANY

2014 COMMISSION SCHEDULE

1. REGULAR COMMISSION SCHEDULE ****

Policy Type General Agents Brokers ***

New/Renewal

Substandard Business * 10% 5%

Standard Fire/Personal 15% 5%

Standard Fire/Commercial 15% 5%

Farmowners 10% 5%

Mobilehomeowners 10% 5%

Homeowners 10% 5%

Inland Marine ** *** ***

Special Multi Peril 22% 5%

Landlords Package 15% 5%

Businessowners 22% 5%

* Substandard Business is defined as a marginal risk, being insured on a Standard Fire Policy only as an accommodation.

** Inland Marine coverage must always be attached to a supporting policy. Therefore, commission is paid according to the supporting policy. Example: a Farmowners policy with Inland Marine attached will be paid 10%.

*** A Broker is an individual or agency that is not licensed with the company as an agent. For example, when an agency agreement has been terminated, all commissions for policies left on the books are paid under the Broker commission amount of 5%.

FMIC COMMISSION SCHEDULE PAGE 1 EFF 06/01/2014