Referral Disclosure
Referral Arrangements Disclosure
Benefits Blueprints LLC (“We,” “Our,” or “Us”) may provide incentives to third parties for introducing potential clients to our services. These incentives may include cash compensation or equivalent rewards, such as Tango Card credits. Below are the details of our referral arrangements:
1. Referral Incentives
Third parties, including payroll sales representatives, may receive compensation for referring business opportunities to Benefits Blueprints LLC. This compensation may include:
• A fixed reward for each qualified referral, and
• Additional compensation when the referred business closes successfully.
Referral incentives are paid directly by Benefits Blueprints LLC and are not charged to our clients or their premiums.
2. Conflicts of Interest
The compensation provided to third-party referrers creates a conflict of interest, as they may be incentivized to recommend Benefits Blueprints LLC’s services over others. Referrers are not affiliated with or employed by Benefits Blueprints LLC, and their recommendations should not be construed as unbiased or independent. We encourage all potential clients to perform their own due diligence when selecting an insurance provider.
3. Licensing and Compliance
Referring parties are not required to hold an insurance license under these arrangements; however, all referred services are provided by licensed and regulated insurance professionals at Benefits Blueprints LLC.
4. Tax Implications
Referral rewards constitute taxable income to the recipient. It is the responsibility of the referrer to report and comply with all applicable tax obligations associated with these payments.
5. Technology Integration and Data Sharing
In some cases, technology platforms may be utilized to streamline payroll and benefits processing. These platforms may facilitate sharing of non-sensitive employee or participant information to improve operational efficiencies. Such integrations comply with applicable data privacy and security laws.
6. Independent Evaluation
While Benefits Blueprints LLC may refer clients to external service providers, clients are solely responsible for evaluating and selecting these providers based on their specific needs. Benefits Blueprints may receive compensation for referring clients to external service providers. Such compensation does not affect the fees paid by clients to external service providers and does not constitute an endorsement or guarantee of their services. We encourage clients to perform their own due diligence to determine if the referred service provider is the right fit for their needs.
Questions or Concerns
If you have questions about our referral arrangements or potential conflicts of interest, please contact hello@benefitsblueprints.com