Genworth’s 2019 Commission Pay Schedule

Genworth is changing the timing of the end of year paydown. October 4, 2019 will be the payout for commission payments that have not previously met the minimum payment requirement. Genworth will process all commissions due on October 4, 2019. The $50 minimum payment requirement will resume after October 4, 2019 and will continue through the next commission pay down in 2020. Therefore, there will not be an “end of year” pay down as in previous years. All commission payments, for all products, will be distributed on October 7, 2019. Genworth will resume normal commission payments that have met the
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Ohio (Privileged Choice® and Classic Select®)

> Privileged Choice® and Classic Select® with Stable Premium Option > 1% Benefit Increase Option As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Ohio has now allowed the following increases: Ohio Product Series Increase Percentage Privileged Choice 15% Classic Select 15%   This rate increase applies to both AARP and non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of
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Categories: Genworth, Industry News, and Long-Term Care.

Everything GTL Right at Your Fingertips

The redesigned GTLink is the new central hub to access everything you need! Check Out the New GTLink   • Download/Order Forms • Watch Agent Training Videos • View Your Mailbox • View Recent Business • Access Consumer Marketing • View Your Commissions   How to Access the New GTLink: Log in to GTL’s Agent Portal or the e-App on your mobile device Tap the new GTLink button on the home screen Don’t have the GTL e-App? Download it now for your Apple or Android device!   Everything GTL Right at Your Fingertips   #goldencareagent #gtl
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Categories: Accident Insurance, Critical Illness, Guarantee Trust Life, Hospital Indemnity Plan, Industry News, Medicare Supp./Adv., and Short-Term Care.

Our updated Asset Care® product has launched!

Asset Care is still the same great product with the same great benefit guarantees — we’ve just simplified and enhanced the product, improved consistency while maintaining flexibility, and added options that our distribution partners have asked for over the years.   Quick reads NEW: Asset Care campaign materials now available! Bring compelling stories to the long-term care marketplace A new Asset Care campaign is now available and offers compelling messages financial professionals can use to connect with individuals and families. Get started today with messaging, materials and more!   Operations updates Access July interest rates and Guaranteed Interest Rate changes
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Updated Product Portfolios and Underwriting Guides

The Life Insurance Underwriting Guidelines and Product Portfolio have been updated and are now available to order. Click below to view/download directly: Underwriting Guidelines Product Portfolio   All materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Account Executive or Sales Director.   Updated Product Portfolios and Underwriting Guides   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).