Showing posts with label Guaranteed Issue. Show all posts
Showing posts with label Guaranteed Issue. Show all posts

Tuesday, January 7, 2014

Change Before You Have To: Working the Senior Market

Since 1965 when Medicare began, soliciting people that are Medicare recipients has been the gateway to the Senior Market. For many years selling 200 or more Medicare Supplement policies would ensure an agent a standard of living well beyond the norm. But, things have changed.

With regulated prospecting, reduced compensation and a myriad of other issues selling 200 Medicare Supplements a year is hard work. Consider this:

200 Medicare Supplement Policies sold

Average commission 18 – 20%

Average premium $1700

200 X $1700 = $340,000 premium X 19% = $64,600 commissions

We at Senior Marketing Specialists are dedicating the month of January to helping you, the agent, add $30,000 to $40,000 in additional income to this equation seeing the same people you call on today for supplementing Medicare.

In our upcoming webinar on Thursday, January 9th we will be highlighting two primary products that your clients need, Final Expense and Guaranteed Issue Life.


Friday, January 4, 2013

GUARANTEED ISSUE LIFE INSURANCE STILL AVAILABLE

Effective January 31, 2013 Presidential Life, a leader in sales for Guaranteed Issue Life Insurance in the Senior Market, will discontinue ALL SALES OF NEW BUSINESS!!!

At Senior Marketing Specialists we have enjoyed a great partnership with Presidential Life but due to their acquisition by Athene Annuity & Life Insurance and discontinuing sales of life insurance, we are promoting our new partner for Guaranteed Issue Whole Life.  



SINCE OVER 20% OF THE SENIORS CANNOT QUALIFY FOR TRADITIONAL LIFE INSURANCE, WHAT DOES THIS MEAN TO YOU, THE AGENT???
·         A guaranteed issue life insurance policy for your clients that pays you RENEWALS!!!
·         Issue ages up to age 80 (varies by state)
·         NO HEALTH QUESTIONS!!!
·         Up to $25,000 face amount
·         Policy can never be cancelled
·         Rates can never be increased
With over 90%* of those over 65 having at least one chronic Illness there is a huge market for Guarantee Issue final expense insurance, actually small face amount life is the fastest growing ancillary product in the senior market today.

In fact over 20% of those over 65 can only qualify for life insurance if it is guaranteed issue. Who are they going to purchase it from? Will it be you? We have the perfect product!
What may seem like negative statistics can have a powerfully positive affect on you income!
Call us (1800-689-2800) TODAY at Senior Marketing Specialists to find out more!!! We’ll even pay your license fee!!!
(This article was written by Philip Warren of Senior Marketing Specialists.)