INCOME DISCLOSURE

2024 Income Disclosure Statement Freedom Equity Group offers a business opportunity that involves the sale of life insurance, annuities and other financial services products. FEG independent representatives are independent contractors, not employees. FEG independent representative earnings are based on the sale of products offered by FEG through one of several contracted life insurance companies. FEG independent representatives must obtain state insurance licenses and Errors & Omissions insurance before they are eligible to sell FEG products or earn income from FEG. For the period January 1, 2024 through December 31, 2024, the average earnings of all licensed FEG independent representatives was $8,152. The cost to enroll as an FEG independent representative is $125. The cost for insurance license training is approximately $30. The cost for a state insurance license varies by state and is between $80 and $200. The annual cost to maintain E&O insurance is approximately $450.

7.4% of FEG independent representatives who enrolled in 2023 and 2024 obtained the necessary licenses to become eligible to earn commissions from FEG.