Happy New Year And Important Updates

Cenco eNews

Helping Agents Succeed Since 1978
January 9, 2024

Happy New Year
and Important Updates

Effective January 1, 2024 there will be important changes to 2024 QoL Bonus Program and the Race to 33. Check out the flyers for more information.

Global Atlantic Fixed Index Annuity Enhancements

Effective January 16, 2024, Global Atlantic is updating their fixed index annuity product suite with several new features and options. These enhancements reflect Global Atlantic’s ongoing commitment to offering competitive products with meaningful benefits at reasonable costs.

Life Doesn’t Stand Still and Neither Should Your Client’s Life Insurance Coverage

Any client can and should benefit from a policy review every three to five years, as well as following any major lifestyle changes.

The Policy Review Playbook is here to assist – it includes how to identify the ideal clients, customizable client check-in materials, helpful calculators and much more…

2024 Financial Professional Bonus Sales Commission

Introducing a new way to elevate your earning potential. Earn up to an additional 1.50% in bonus commission when you sell certain products through eApplication. This program applies to business issued beginning December 1, 2023 and runs through the end of next year, December 31, 2024. Read more…

To All Corebridge Life Producers

As many of you are aware, Corebridge has been implementing a new and improved admin system over these few weeks. During the transition, Connext is experiencing intermittent outages. For those of you wanting to do an e-App when Connext is down, don’t forget you can always do the same iGo application by logging in to Cenco’s website and selecting “Start an e-App” or also when using “Get a Quote”.

Check Out the Cenco Website At www.cencoinsurance.com And Submit Your e-Applications for Multiple Insurers.

Annuity Corner

Save Your Clients Money With Guarantees

CDs are popular for those wanting a safe, low-risk way to save money. A posted 10/22 Bankrate average for a 3-year CD was .98% and is income taxable. A 3-year Multi-Year Guaranteed Annuity (MYGA) offers 4.7% and is not currently taxable. Which one would be better for your client?

Help strengthen your client’s relationship with you. Check the rates below and contact Cenco for the most current rates for any available time periods. Your clients will be glad you did, and so will you.

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 – 5.55%
A Top 3-year rate – 5.50%
A Top 4-year rate – 5.55%
A Top 5-year rate – 5.50%
A Top 6-year rate – 5.75%

For more information and carrier details contact your Cenco support team.

MYGA Rates Are Decreasing!
Call Cenco For More Information at (916) 920-5251

DI Did You Know

How to Target Millennials For IDI Sales

The millennial generation is a profitable but underserved market for IDI sales. This group has more to protect than previous generations at the same age and may have potential gaps in their disability coverage. Recent graduates in law and medicine can be good prospects. Check out the flyer….

Carrier Incentives

Travel the World With Cenco!

Contact the CENCO TEAM:
Cathy Martin, and Shelli Welch, CA license #0C78343

Cenco Insurance Marketing Corporation, CA license #0561429
1501 El Camino Ave, Suite 1
Sacramento, CA 95815

Phone: (916) 920-5251
Toll Free: (800) 45-CENCO
Fax: (916) 920 8734
www.cencoinsurance.com

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