2024 Medico Invitational Experience Terms and Conditions
Rules:
1. Qualifier and one adult guest ore eligible to receive on invitation. All attendees must be 21 years or older.
2 Qualification period: Applications must be doted between Jan. 1, 2023, and Dec 31, 2023.
3. Qualifying plans must be issued no later than January 31, 2024.
4. Qualifying plans include Medico' Medicare Supplement, Medico Hospital Indemnity, Gold and Platinum Dental, and First Diagnosis Cancer.
5. Only business personally produced by the agent counts toward personal production.
6. Production dollars do not transfer if contracting uplines change during qualification period.
7. All Medico product conversions/replacements ore excluded from this program.
8 To qualify with Medicare Supplement, FMOs, General Agencies, and Agents must hove a minimum o-f 50% underwritten Medicare Supplement product mix (no more than 49.9% GI/ OE/SEP) of business submitted in 2023.
9 FMOs, General Agencies, and Agents must achieve an 80% pers1stency. Pers1stency measured on percent of business in force Jan 1, 2023, that remains in force on Jan 1, 2024
10. Top FMOs, General Agencies, and Agents with highest percentage of growth over 2022 annualized taken premium will be eligible for invitation to sales trip.
11. LOA agents will need written permission from their direct upline to attend if invited.
12. The value of the experience will be reported as income to the award in accordance with the rules and regulations of the Internal Revenue Service To the extent that the value of any award will be included in the recipient's income, the recipient will be responsible for any taxes due. Agents may wish to consult a tax professional as to how this may affect them
13. The experience is not transferable, nor can it be rescheduled or substituted or redeemable for cash payment.
14. This experience is limited to 30 qualifiers who accept the invitation.
15. Attendees are required to attend all sponsored functions and/ or events.
16. Each experience includes· round-trip coach air transportation from designated gateway cities to Medico Experience destination on group program dotes for two people; room
and board accommodations (based on double occupancy); transfers on group travel dotes; hosted group events that may include breakfasts, lunches, receptions, and/or dinners; and group activities.
17 Agents must remain in good standing and be actively contracted with Medico at time of the experience.
18. By participating in this program, agents agree to release and hold harmless Medico, its affiliates, owners, employees,
officers, directors and agents from any and all liability for any injury, loss or damage of any kind arising from or in connection with award eligibility or participation. This release shall include actual, special, incidental, consequential or punitive damages connected in any way with eligibility and participation in this program.
19. The lows of the state of Iowa shall govern the rules related to this award program. Participants consent to the resolution of any disputes solely through the alternative dispute resolution procedures outlined in any agent or distributor agreement
that may be in place between the agent and Medico Insurance Company, Medico Corp Life Insurance Company, or Medico Life and Health Insurance Company.
20. Medico Insurance Company, Medico Corp Life Insurance Company, and Medico Life and Health Insurance Company further reserve the right to make any final adjustments to incentive amounts previously paid, based upon policy activity, such as cancellations, that would hove mode the policies ineligible. All incentive decisions mode by Medico ore final. This bonus is nontransferable.
21. Medico makes final determination on bonus program eligibility and reserves the right to discontinue or amend this incentive program at any time.
• Includes Medicare Supplement plans underwritten by Medico Insurance Company, Medico Corp Life Insurance Company, Medico Life and Health Insurance Company.
For agent use only. Not for consumer solicitation.
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