Global Atlantic’s Evolving Business Enhances Yours!
Global Atlantic has embarked on a journey to revolve how they do business, with seamless enhancements that will provide greater transparency throughout the new business process as well as tools and resources to support your business.
As of September 26, 2022, the Choice series of fixed index annuities were replaced with the Fore series of fixed index annuities. Additionally, updates will be made to the Income 150+ SE product. These changes are designed to provide new features and more flexibility to serve your clients. Read more…
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Move Your Business Forward With Protective Velocity
Great news! Protective’s Digital Part II will launch on October 5th via Protective’s EZ-App and iPipeline. Producers will now have 3 drop ticket paths to choose from:
- Digital Part II – client completes the medical questions online
- Digital Part II with Agent Assist – Agent can assist the client in completing the medical questions online
- Phone Interview – Normal TeleLife Process
Read more…
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Cenco Announces Exclusive Temporary Bonus For AIG Partners Group/Corebridge Producers
To further commemorate the positive AIG to Corebridge accounts, in addition to the recent 5% commission increase for AIG Partners QoL term products, Cenco is offering a temporary ANNUALIZED 5% of premium commission bonus on QoL Max Accumulator+ and 4% on QoL Value+ Protector for paid and placed life policies.
The bonus will be paid for any American General Partners Group QoL Max Accumulator+ or QoL Value+ Protector IUL paid policy with an application date of October 1, 2022 and issued and placed with the agent commission paid by December 31, 2022
Rules:
- Commissionable UL annualized Target Premium (TP) (aka WP) excluding excess and applicable chargebacks
- Only policies count where the agent commission is posted and paid on the agent’s commission statement by December 31, 2022
- Per policy maximum of $50,000 TP applies
- Current AIG chargeback rules for agent commissions also apply to the bonus
- Bonus available for individual producers only, upline management and Cenco staff not eligible
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Cenco Website Tip Of the Week
Product Features
Are you tired of having to go to different carrier websites to look up individual product benefits and features? With Cenco’s website product features section you will see product applicability, insurer ratings, sales use descriptions and more.
Check it out now at www.cencoinsurance.com
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Annuity Corner
Save Your Clients Money With Guarantees
With the stock market dropping, more of your clients are wanting and needing guarantees. Multi Year Guaranteed Annuities (MYGA) fit that need perfectly. Plus, the earnings are not subject to current income taxation.
Recent statistics show that MYGA sales are up $12 billion this year. Don’t miss your chance to help your clients keep their savings and improve your income.
Don’t miss the chance to solidify your client relationships with the best MYGA rates including
some recently updated California rates:
- A Top 2-year rate – 3.70%
- A Top 3-year rate – 4.25%
- A Top 4-year rate – 4.10%
- A Top 5-year rate – 4.95%
- A Top 6-year rate – 4.65%
For more information and carrier details contact David Bennis or any of your Cenco support team.
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DI Did You Know
DI: The Missing Link In Retirement Planning
Whether you sell life insurance, health insurance or annuities, your clients depend on their income to pay bills, including premiums, and save for retirement. Disability Income Protection insurance is critical to keeping their financial lives balanced.
Stats show that 9 out of 10 individuals underestimate their chances of becoming disabled before retirement. The need is real, and Disability Income Protection insurance could save them from financial hardship and save their retirement.
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Carrier Incentives
Travel the World With Cenco!
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