Ameritas Value Plus Term Life insurance provides your clients the flexibility to build a term policy for their future short- or long-term needs while purchasing the lowest cost life insurance offered by Ameritas. The new base product offers a five-year conversion privilege with the option to extend the period with the new Conversion Extension Rider. With the new policy structure, Value Plus Term is even more competitive. Read more...
Transamerica Rewards Your Dedication!
Transamerica is working hard to make it easier to do business with them, so they want to reward you for the work you do helping clients every day. Starting June 1 through August 31, 2020, receive a $40 bonus for every paid application for Transamerica's Final Expense Solutions Portfolio and Transamerica Lifetime whole life. Transamerica is committed to their agents and want to support you as you continue to grow your business with their new solutions. Read more...
Attention All Agents Who Have Placed Life Business In The Past Three Years!
Due to the success of Global Atlantic/Accordia's Amazon Prime offer mentioned in our previous eNews, Cenco is expanding this progam to any agent who has placed either a term or permanent life policy in the past three years with any of over 55 eligible life insurers.
In addition to receiving a free one year Amazon Prime membership from Global Atlantic for your first case submitted under the Additional Insurance Program (AIP) and issued paid, you can recieve a $100 Amazon Gift Card from Cenco per case submitted through either the AIP or the External Term Conversion Program (ETC) that is issued paid. If you already have a Prime membership you can exchange the membership for an Amazon Gift Card in the value of the original cost* of a one year Prime membership.**
There are two valuable programs to choose from:
Additional Insurance Program (AIP)
External Term Conversion Program (ETC)
Drastically simplified non-invasive underwriting up to $1,000,000 of face amount***
No replacement required
Over 55 eligible insurers
Guaranteed no underwriting
Up to $1,000,000 face amount**
Over 140 eligible insurers
Either program offers you a chance to receive a $100 Amazon Gift Card from Cenco, plus if you take advantage of the AIP program you can earn both a one year Amazon Prime membership and the $100 gift card or a second gift card valued over $100*.
For more information contact Cenco now. Time is limited.
* Recent Amazon Prime on-line quoted annual value was $119.
** If you are already an Amazon Prime member, or do not want to activate the Prime membership, you may exchange for an Amazon.com Gift Card in the approximate value of the original cost of a one year Prime Membership plus applicable sales tax. Restrictions apply, see Global Atlantic AIP literature for more program details, or for Amazon Prime details visit amazon.com/prime or amazon.com/gc-legal.
*** See Global Atlantic/Accordia literature for any age or rate class limitations
Lien Approach to Living Benefits
You are aware of the importance of talking to your clients about life insurance with living benefits. Part of determining which policy fits your client's needs is understanding the two types of methods used in calculating accelerated death benefit amounts. Review this flyer to help learn about the benefits of a lien versus discount approach.
Transition Rules For Postponed Cases: QoL Guarantee Plus GUL II
Following the recently announced premium increase taking effect May 30, 2020, for QoL Guarantee Plus GUL II, we want to make you aware of transition rules for cases that may have been postponed due to COVID-19. In order to retain the old product and rates, all requirements must be received by the dates listed in the bulletin and the case must be issued no later than October 31, 2020.