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2021 Q1 Incentive
January 11, 2021 - April 15, 2021
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Earn $ for every TriTerm Medical, Health ProtectorGuard and/or Short Term Medical (with HealthiestYou) application submitted between January 11, 2021 and April 15, 2021, and issued by April 30, 2021. The broker bonus is earned when a total minimum of 25 eligible applications are submitted and meet eligibility requirements. Register today! (See incentive rules for additional details).
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Earn the bonus amounts below, per application, when any combination of eligible application equals the minimum 25. |
TriTerm Medical
(Copay Select Max, Plan 80 Max, Plan 100 Max) |
$200 | |
TriTerm Medical Value |
$100 | |
Health ProtectorGuard |
$100 | |
Short Term Medical (min. 12-month term1) + HealthiestYou
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$100 | |
Short Term Medical (6-11 mo.2) + HealthiestYou |
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$50 | |
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Take a look at how easy it is to grow your business and watch your bonus add up!3
There’s no limit to the number of eligible
applications you can submit and have issued during the incentive dates. |
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25 eligible Short Term Medical
(6-11 mo.2) applications x $50 = $1,250
50 eligible Health ProtectorGuard applications
x $100= $5,000
100 eligible TriTerm Medical applications x $200 = $20,000 |
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1Term length must be a minimum of 12 months (or 360 days for Short Term Medical Plan “A”s) to be eligible, or 11 months in SC only. Any consecutive plans (e.g. 2x12) will only have the first term count toward the incentive baseline and eligible applications. The 12 month minimum duration plans must be written with a HealthiestYou by Teladoc membership to be considered eligible for the bonus.
26-11 months equates to a minimum of 180 days (in states where available) but less than 360 days. The 6-11 month duration plans must be written with a HealthiestYou by Teladoc membership to be considered eligible for the bonus.
3Example only; Your potential amount is based on meeting all incentive program rules.
HealthiestYou by Teladoc and UnitedHealthcare are not affiliated and each entity is responsible for its own contractual and financial obligations. HealthiestYou is not insurance and is not associated with any other insurance product for which your clients are applying.
Product availability and designs vary by state. Check E-Store for product availability by state.
Products are applied for and sold separately. It is the broker's responsibility to be clear with the applicant that products, although at times offered together, are not required to be purchased together to be eligible for coverage of another product.
INCENTIVE PROGRAM RULES:
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To be initially eligible for this incentive, you must be registered for the “Q1” incentive.
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Eligible product applications are those submitted online from January 11, 2021 through April 15, 2021 and are for the following eligible products: TriTerm Medical Plans, TriTerm Medical Value Plans, Health ProtectorGuard Plans, and Short Term Medical Plans with a min. 12 month term written with a HealthiestYou by Teladoc membership or Short Term Medical plans with a 6-11 month duration written with a HealthiestYou by Teladoc membership. All other ancillary products, and optional benefit riders do not count toward this bonus opportunity.
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Brokers must meet a minimum 25 select product applications baseline before the incentive may be earned on all eligible placed business submitted during the contest period. Applications that meet the following criteria will apply toward the baseline: (a) Applications from one of the eligible products listed above only; (b) Submitted between January 11, 2021 - April 15, 2021, and issued by April 30, 2021; (c) with a “paid to” date past the effective date; and (d) an effective date no later than June 1, 2021.
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All eligible plans must be in force for a minimum of three months (90 days) after the effective date to count as “issued.” Coverage must be in force with premium payment current at the time of the contest payout to be included.
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Incentive will be paid over a series of rolling months and will not exceed five payouts. This schedule is designed to eliminate chargebacks and ensure proper payment on qualified plans. The Q1 Incentive monthly payout will begin in May 2021 and run through September 2021. Incentive payout only begins when the required baseline and all other incentive eligibility is met. Any broker registered for this incentive must have an active contract with Golden Rule Insurance Company and be in good standing at the time of payout in order to receive earned incentive.
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Bonus follows the Assignment of Commission Form you have on file at the time the application is received, for each qualifying application.
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These bonuses will be subject to a managing broker commission split, if applicable.
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Bonuses are paid per broker, based on his or her personal production.
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Qualification is based on production as broker of record.
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Applications cannot be split between brokers.
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Any separate applications of family members for the same product type count as only one application for this contest. (with the exception of TriTerm Medical for the state of MO and UT)
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Bonus is paid as described above.
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Golden Rule Insurance Company reserves the right to make final judgment on contest qualifiers or end this contest at any time without prior notification. Coverage that is withdrawn or does not meet the terms listed in these rules will not count toward the baseline and/or contest bonus.
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Any required disclosures to brokers’ clients are brokers’ sole responsibility.
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Select Key and FMO contracted agencies may not be eligible.
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1099s apply.
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| 7440 Woodland Drive, Indianapolis, Indiana 46278
Golden Rule Insurance Company is the underwriter of these insurance plans.
Not For Consumer Use
© 2021 United HealthCare Services, Inc.
46880w-G-0121 |
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