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Cenco eNews
Helping Agents Succeed Since 1978
June 11, 2024

June Is National Annuity
Awareness Month

In 2010, the National Association for Fixed Annuities (NAFA) designated June as National Annuity Awareness Month (NAAM) to help educate Americans on the important role of annuities as part of a secure retirement savings plan. 

In 2014, with a common desire to service consumers by helping them understand annuity products, NAFA, and several other industry associations came together to establish the Coalition for Annuity Awareness. Use this time to start the conversation with clients and prospects about how an annuity might help their retirement goals.

Solutions For Every Financial Future

At Corebridge Financial, their extensive selection of products can help meet your clients’ needs:
  • Offer choice and flexibility with a broad portfolio of products.
  • Drive interest and action with a wide range of resources.
  • Support for every transaction with experienced team members.
Check out the expansive suite of innovative solutions…

Start The Conversation With Assurity’s Life Protect+ For Small Business

Start by using online resources to learn about your small business prospects and then use the attached questions to open the door to a conversation.

Enhance Your Clients’ Retirement Income 

As part of the latest enhancements to Global Atlantic fixed index annuities (FIAs), they have included upgrades to the products specifically designed to help your clients build retirement income. Take a closer look…

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.

DI Did You Know

Enhance Clients’ Existing Disability Insurance Coverage

Help your clients understand the disability income insurance benefits they receive from their employers, and if necessary, recommend additional coverage to supplement their employee benefits.

What Your Clients Need To Know
  • All employers don’t offer disability income insurance. Many workers assume they have disability income insurance through work but really don’t and find out too late.
  • Make sure your clients know that disability income insurance benefit amounts aren’t the same as their current monthly income.
  • When employers pay for disability income insurance for their employees, the paid benefits are taxed as regular income, which further reduces the benefit amount.

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 – 5.45%
  • A Top 3-year rate – 5.20%
  • A Top 4-year rate – 5.55%
  • A Top 5-year rate – 5.75%
  • A Top 6-year rate – 5.60%
For more information and carrier details contact your Cenco support team.
 
MYGA Rates Are Increasing! 
Call Cenco For More Information at (916) 920-5251

Carrier Incentives

Travel the World With Cenco!

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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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