< Agent Blog
Sep
19
,
2022

Important Social Security Drafting Information for Advantage Plus Elite, Indemnity Plus Elite & Heritage Plan from GTL

September 19, 2022
Guarantee Trust Life (GTL)

Important Reminder for Social Security Drafting

Please read the important information below regarding Advantage Plus Elite, Indemnity Plus Elite& Heritage Plan.

When selecting the Social Security Drafting payment method, if the approval date is after the selected draft option, please select an effective date for the policy to be the 1st of the following month in order to have the draft occur on the next expected Social Security payment date.

Example 1

The client wants a July 1st effective date and a 2nd Wednesday drafting is requested.

► The first policy draft will occur on Wednesday, July 10th.

Example 2

If the policy is effective July 15th and a 2nd Wednesday drafting is requested (which has passed).

► The first policy draft will take place on the 15th, then subsequent drafts will be on the 2nd Wednesday of each month.

► If an effective date is not requested, the approval date will be the effective date.

View Details >View Details >

Questions? Call us at 855-888-8326.

Don't have a MedCareValue page yet?

Get Your FREE Site >

Posts you may be interested in...

Read More

Excellus BCBS Medicare Broker News Vol. 5 No. 11

December 4, 2023
Agent Blog Icon - Indicates this is a blog article.

Member Updates For The New Year | 2024 Med Supp Sales Kits Now Available

Read More

Empire: Submit AEP applications by Dec 7

December 1, 2023
Agent Blog Icon - Indicates this is a blog article.

ALL applications must be submitted no later than 11:59 p.m. on December 7, 2023.

Read More

UnitedHealthcare Announces Amazon as New OTC Online Fulfillment Partner

November 30, 2023
Agent Blog Icon - Indicates this is a blog article.

Beginning in 2024, UnitedHealthcare is expanding member value by working with Amazon

Read More

Highmark: It's the AEP Home Stretch!

November 30, 2023
Agent Blog Icon - Indicates this is a blog article.

Resources, Updated HRA Submission Guidelines, and more!

Read More

Anthem: Dollar General is Now in the Grocery Network

November 29, 2023
Agent Blog Icon - Indicates this is a blog article.

Anthem Medicare Advantage members now have more choices when using their Grocery benefit allowance.

Read More

Excellus BCBS Broker News Vol. 18 No. 11

November 27, 2023
Agent Blog Icon - Indicates this is a blog article.

Gag Clause Prohibition Attestation | Sunsetting Wellbeing Programs | Preferred Value Formulary

Who we are & what we do.

Choosing an FMO to work with is not just about having access to top insurance products and commissions, it’s about finding a one-on-one agent service that is prepared to meet your needs.  

Get to know us, and see how we can help you take your business to the next level.

Learn More

Helpful Links

New Here?

We love meeting new people! Fill out the form below, and one of our sales directors will get in touch with you shortly.

Thank you! Your form has been received!
Oops! Something went wrong while submitting the form