Broker Incentives

Qualifying Product Lines

Life & AD&D STD LTD Lump Sum Disability

Annual Premium will be capped at $500,000 per line of coverage

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New Business Bonus Requirements

Annualized Premium	Bonus PCT *
Less than $50,000	0%
$50,000 – $500,000	4%
$500,001 – $1,000,000	6%
$1,000,001 – $2,000,000	8%
More than $2,000,000	10%

* Bonus percentage is paid on annualized premium.

• Example 1

  New Business: written in 2019

  • Broker A adds 15 lines of coverage and $150,000 in new premium
  • Bonus Percentage: 4% x $150,000

• Example 2

  New Business: written in 2019

  • Broker B adds 55 lines of coverage and $1,250,000 in new premium
  • Bonus Percentage: 8% x $1,250,000

MWG Broker Services is excited to announce the new MDLIVE Agent Contest!

The top qualifying producer will enjoy the experience of a lifetime at one of Hawaii’s finest resorts.

What's Included?

• Complimentary Round-Trip Airfare from your home airport for you and a companion
• Five Nights at a Luxury Resort
• Breakfast Daily
• Afternoon Cocktail Reception
• Selection of Excursions
• Executive Learning Sessions

How Do I Qualify?

In order to qualify for the competition, the top producer must fulfill the prerequisite within the competition time frame.
Prerequisite: A minimum of 2,500 covered households

Only new cases submitted during the contest period are eligible for credit. The top producer will be selected as the winner of the Hawaii competition and announced during the first week of March 2020. In the event of a tie, the producer with the most projected revenue through the end of 2020 will be awarded the higher seeding. Producers must indicate the Agent of Record for each case, to receive credit toward qualification. The competition runs from April 1, 2019 through February 29, 2020.

What If I Don't Win the Hawaii Experience?

For the top 2 producers, MDLIVE is hosting a leadership summit in beautiful Laguna Beach. The two-day event will include accommodations, meals, and executive learning sessions.
Prerequisite: A minimum of 2,500 covered households

For more information contact your MWG Product Specialist at 877-759-5728

Group Plans Sold With Effective Dates of Oct 1, 2019 – Jan 1, 2020

Qualifying Tiers:

Tier 1

$50 Amazon gift card
Three (3) groups sold with a minimum of 15 enrolled lives combined

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Tier 2

$125 Amazon gift card
Ten (10) groups sold with a minimum of 50 enrolled lives combined

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Tier 3

$200 Amazon gift card
Fifteen (15) groups sold with a minimum of 75 enrolled lives combined

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Tier 4

$250 Amazon gift card
Twenty (20) groups sold with a minimum of 100 enrolled lives combined

A $500 Amazon gift card will be awarded to the Agent with the most premium sold during the sales incentive program.

The incentive program will be for all group plans sold with effective dates of October 1, 2019 through January 1, 2020

Awards will be distributed no later than February 15, 2020.