Cenco eNews
Helping Agents Succeed Since 1978
July 12, 2022

Making Big Cases An Easier Fit

According to MIB, applications for life insurance coverage over $5 million saw the highest year-over-year growth in 2021.  Transamerica’s June 25th Trendsetter Super reprice gave them a top five ranking for $3M+ to $10M face amounts 94% of the time for their targeted quoting cells.  This latest reprice gives you the opportunity to sell more policies with higher face amounts.  Read more…

Consumers Now Want Life Insurance and Annuities.

“Clients Could Swarm On Life And Annuity Products With Benefit Guarantees Like Ants On A Candy Bar That Fell Under The Picnic Table!” This quote comes from a recent Think Advisor article.  It projects that consumers will flock to financial products that can protect them against further market fluctuations. Then when stocks lose value, index products will help them potentially share in any gains that happen when stocks and bonds go back up.

This may be one of the biggest calls to action for agents to engage and re-engage with prospects and clients in what may be a once in a half century opportunity.  

Fortunately, Cenco has everything you need to take advantage of this unique opportunity.  Contact us soon!

Grab Your Stash of Summer Cash!

Agents can 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. Offer ends on 7/31/2022 so don’t miss out!

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 – 3.50%
  • A Top 3-year rate – 4.10%
  • A Top 4-year rate – 4.15%
  • A Top 5-year rate – 4.00%
  • 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

What If Your Client Were To Become Disabled?

A 35-year old with an annual salary of $50,000 with 3% raise each year who experiences a permanent disability may lose up to $2,625,138 in potential earnings by age 67.  Without a plan in place to protect that potential, your client is exposed to an enormous amount of risk.

Watch for our next Cenco DI News on Who Writes What In Disability Income

Carrier Incentives

Travel the World With Cenco!

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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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