Med Supp Broker Bonus Program - 2021 Mutual of Omaha
You will receive a cash bonus when you sell our Medicare supplement product in the following states from January 1, 2021 – June 30, 2021.
$150 cash per issued underwritten policy (includes internal and affiliate conversions)
$30 per issued policy
$30 per issued policy for Open Enrollment business (excludes internal and affiliate conversions)
You need a minimum of five Medicare supplement policies issued in a month. Your policies that count toward the minimum can be:
Mutual of Omaha Qualifying criteria:
Plus | Indiana, Missouri, Montana, South Carolina and Wisconsin.
For policies issued between January 1, 2021 and June 30, 2021, payments will occur early in the second month following the policy effective date. Policies must be in force at time of payment. For example, a policy is issued January 12, 2021 with a February 1, 2021 effective date. The bonus will be paid in April 2021 as long as the policy is in force. Eligibility: You are eligible to earn a cash payout on Medicare supplement business you place as a producer (personal production only; individuals or agencies may not qualify based on business placed by down-line producers) for policies underwritten by Mutual of Omaha or its affiliates. Some exclusions apply. Mutual of Omaha reserves the right to change, limitor cancel any promotion, rule or award at any time and for any reason. You must be currently contracted and actively representing Mutual of Omaha Insurance Company or its affiliate at the time of the award. You must be in good standing with Mutual of Omaha’s Regulatory Affairs at the time of the award. No substitution for, or transfer of the award, will be allowed. The costs of the award will be reported to you as taxable income on IRS Form 1099. Special Agents’ cash awards are allocated totheir agency. This promotion is void where prohibited by law.