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August 23, 2021
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LibertyMark®
Commission Rates Changing September 8, 2021
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Selling a LibertyMark 10-year product in an “LT” state, where surrender charges are restricted?
Great news!
Besides offering clients strong growth potential and an industry-leading minimum guarantee,
you may have just earned a pay raise!
Beginning September 8, LibertyMark 10-year commission rates will be the same in ALL states.
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Commissions on LibertyMark 10 LT and SE 10 LT will be increasing to match non-LT rates starting September 8, 2021. The new age bands are 0–75, 76–80, and 81–85. As a result of these changes, commission rates on 10-year products in non-LT states will be decreasing for ages 76–85.
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GA-Level Commission Rate Examples
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PRODUCT
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CURRENT
GA Commission Rate
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NEW
GA Commission Rate
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0–80
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81–85
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0–75
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76–80
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81–85
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LibertyMark 10 LT, SE 10 LT
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6%
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4.75%
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7%
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6%
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5%
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LibertyMark 10, SE 10
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7%
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6%
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7%
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6%
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5%
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Important Dates for New Commission Rates
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The new commission rates will be effective with applications received by Americo Financial Life and Annuity Insurance Company on or after Wednesday, September 8, 2021.
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NOTE: In the few situations where commissions are decreasing,
premium and requirements for applications received prior to September 8, 2021,
must be received within 45 days of the app-received date to get the
higher commission rate; otherwise,
Producers will get the commission rate in effect when premium and requirements are received.
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Americo Mailing Address:
P.O. Box 410288
Kansas City, MO 64141-0288
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Americo Overnight Address:
300 W. 11th Street
Kansas City, MO 64105-1618
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FireLight®: LegacyNet® Forms Page.
E-mail: submit@americo.com
Fax: 800-395-9261
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For more information, call the Legacy Marketing Group® Sales Team at
800-395-1053, Ext. 4002.
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We appreciate your business!
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