Life Insurance Compensation

Genworth

Commissions are paid by HBW on an as-earned basis. Commissions are calculated by premium minus policy fees (aka Commissionable Premium), then Product with HBW level grid below. Generational overrides are paid monthly, one month after as-earned commission postings occur.

In addition to the following commissions, Charter VPs, Charter NDAs, AVPs, EVPs, and NDAs receive generational overrides.

Example:
Commissionable Premium$ x Product w/HBW Level%= Commission$

Genworth Commission Table
Product NDA/EVP/AVP PAVP SAM AM TM REP 1
Colony Term 30 95% 80% 70% 60% 50% 45%
Colony Term 20 95% 80% 70% 60% 50% 45%
Colony Term 15 85% 70% 60% 50% 40% 35%
Colony Term 10 75% 60% 50% 40% 30% 25%
Lifetime Flex Plus II - UL 80% 65% 55% 45% 35% 30%
Lifetime Flex Protector SG II - UL 85% 70% 60% 50% 40% 35%
Lifetime Provide SUL II 90% 75% 65% 55% 45% 40%
Lifetime Provide SUL II.B 90% 75% 65% 55% 45% 40%