Counter High Health Costs

Cenco eNews

Helping Agents Succeed Since 1978
May 21, 2024

Counter High Health Costs

Help protect more clients from rising health costs and increase revenue with easy, guaranteed-issue Accident Insurance. In just one minute, see how in-demand features and unmatched support help you bring coverage to more customers and open doors to future sales.

Protective Indexed Choice UL – An IUL That Delivers What’s Expected

Insurance regulations are being scrutinized in hopes to curb the often unrealistic rates IULs promise. That’s because the probability of them performing like the illustration outlines could be unlikely – even though interest bonuses and multipliers may look great on paper. Instead offer an IUL that’s different by design – Protective Indexed Choice UL. Read more…

Multi Term Policy Discount On SimpliNow Choice Platform

New to the SimpliNow Choice platform, your clients can benefit from their QoL Advantage policy fee or banding discounts when purchasing multiple QoL term policies. Submit base term policy and up to two additional term policies. All submission paths are available except the client completion path. Read more…

Corebridge Financial DocFast eDelivery Available For IUL, GUL

As Corebridge Financial continues efforts to improve the case delivery experience, their DocFast eDelivery program is expanded to include IUL and GUL policies. DocFast eDelivery was previous only available for Term policies. 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 – 5.15%
A Top 3-year rate – 5.30%
A Top 4-year rate – 5.40%
A Top 5-year rate – 5.55%
A Top 6-year rate – 5.55%

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

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

DI Did You Know

Disability Insurance Awareness Month 2024 Stats Enforce The Value Of DI

Disability Insurance Awareness Month (DIAM) continues! Below are some DI stats that may surprise you. If the primary wage earner become ill or injured…

61% of consumers would feel financial hardship in 1 year
49% of consumers would feel financial stress in only 6 months
51% would turn to personal savings
32% would ask family for help
26% would turn to retirement accounts
22% would turn to credit cards and loans.

This May, talk with your clients about why a disability income insurance policy is such a critical part of their comprehensive financial strategy!

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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