Simplified compensation structure Your compensation is important to us. We listened to you and heard that you wanted a simplified compensation structure, making it easier for you to understand how you will be paid. Beginning January 1, 2021, instead of eight levels of age bands, there are now two levels: Issue ages 40-69 Issue ages 70-79 Items not changing include: renewals are still based on the premium for the base policy and any Inflation Protection Rider, and half of the regular first-year compensation rate is applicable to the portion of premium for a Return of Premium Rider or the 10-Year
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Express Pay for Mutual of Omaha business!
At Mutual of Omaha getting you paid quickly is just as important as the business you place with us. We began offering a daily pay option via our Express Pay process a few years ago and many of you have taken advantage of this quick and easy service. We are excited to announce that effective immediately, a new enhancement has been made to the Interactive Voice Response system (IVR) allowing you to hear your last 2 commission amounts by simply inputting the last 4 digits of your SSN/TIN. With this enhancement, you will have access to real time commission payments
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EssentialLTC compensation structure updates
You asked and we listened Your feedback was used to simplify and enhance National Guardian Life Insurance Company’s (NGL) EssentialLTC Long Term Care insurance compensation schedule. These changes are available starting on January 1, 2021. We encourage you to ask GoldenCare about the changes and about signing the new schedule. Simplified compensation structure Your compensation is important to us. We listened to you and heard that you wanted a simplified compensation structure, making it easier for you to understand how you will be paid. Instead of eight levels of age bands, there are now two levels: Issue ages 40-69 Issue
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