Cenco eNews
Helping Agents Succeed Since 1978
May 24, 2022

This Summer, Make A Splash With NEW QoL Flex Term Rates!

Effective May 23, 2022 there will be premium rates changes which will consist of a mix of increases, decreases with some cells left unchanged in all states.

Here is where QoL Flex term is especially refreshing:
  • Face amounts $250K to $500K
  • $500K to $1M for the 10-year duration
  • Face amounts of $1M+ for the 15-year duration
  • Standard Non-Tobacco rates for the 20-year duration with face amounts $500K
Read the Bulletin and check out this PowerPoint…

Looking For More Growth Potential To Help Offset Inflation?

Show clients how a Power Series Index Annuity can help address record-low fixed income rates and increasing costs with the opportunity for more growth, income, and protection against market downturns.  Read more…

Midyear Cash Bonus!

Agents earn $500 for every 5 paid policies, with up to $25,000 in cash bonuses available per agent.  Clients get the fast affordable term life insurance coverage they need, and agents get a little something extra too.  Clients apply with no medical exam, no waiting around, and no case management required. 

Contact Cenco for more information.

Annuity Corner

MYGA Rates Keep Rising!  Don’t Miss Out!

Help your clients safeguard their savings and investments:
  • With some bank CD and money market taxable interest rates near 1% or less and
  • The stock market dropping, the rush for safety is starting again
Help save your client’s savings with MYGA’s (Multi-Year Guaranteed Annuities). Some recently updated California rates include:
  • A Top 2-year rate – 2.85%
  • A Top 3-year rate – 3.45%
  • A Top 4-year rate – 3.70%
  • A Top 5-year rate – 4.17%
  • A Top 6-year rate – 4.30%
For more information and carrier details contact David Bennis or any of your Cenco support team.

DI Did You Know

According to the Life Insurance Marketing and Research Association (LIMRA), 52% of Americans own life insurance but ONLY 14% (down from 31% in 2012) own disability insurance.

This creates an amazing opportunity for Advisors! DI is most-likely undersold because clients don’t know much about it.  However, once a client realizes that life insurance pays benefits to beneficiaries while DI pays benefits directly to the client, DI should be an easy sale.

More DI Fun Facts

  • 66% of all US bankruptcies are tied to medical issues.
  • 33% of SSDI claimants’ applications were approved between 2007-2016.
  • 90% of all LTDs are caused by illnesses rather than accidents.
  • 68% of US employees live paycheck-to-paycheck, without enough savings to cover living expenses during a disability.
  • $1,277 – the average monthly benefit paid by SSDI in 2020

Carrier Incentives

Travel the World With Cenco!

Cenco's Agent Website
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Contact the CENCO TEAM:
Cathy MartinBrianna Solano and David Bennis

Cenco Insurance Marketing Corporation
1501 El Camino Ave, Suite 1
Sacramento, CA 95815

Phone: (916) 920-5251
Fax: (916) 920 8734

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