Corebridge New QoL Flex Term Rates
Effective April 19, 2025, QoL Flex Term is repriced in all states where sold. Majority rate changes are slight increases, while maintaining ultra-competitive pricing, built-in living benefits and top conversion privileges. New premiums also include some reductions, and a few unchanged cells.
Check out the reprice details…
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More Value, Products and Resources for Cenco Producers
In a prior eNews, we announced our joint venture with Long Insurance Services to create a pre-eminent life insurance sales producer support powerhouse: Cenco-Long Insurance Center, LLC (CLI).
Besides having helped over 8,000 life, disability, annuity and LTC producers succeed for over 40 years, this great combination of talent can offer you even more opportunities and resources to make your practices more productive and profitable.
As a top full-service core carrier and brokerage outlet, you will have access to even more carriers and products, more support, top compensation, and personalized services to take your practice to the next level. We are poised to help you succeed both faster, better and more profitability than before.
A big coming value for you will be the launch of a new more featureful producer website available to all Cenco and Long producers in addition, and as a compliment to their current sites.
Watch for more soon. Questions? Check out the Cenco-Long Q&A...
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Major Life Insurer Exits Market
American National Insurance Company (ANICO), founded in 1905, has decided to stop selling life insurance. Some are not surprised that following their acquisition by Brookfield Partners in 2022, ANICO stopped selling their Signature Term products in December 2022. While some life insurers are experiencing solid sales and growth, ANICO will stop selling life policies effective May 31, 2025.
Fortunately for those of you who may have used ANICO, Cenco has a stable of committed life insurers to help you offer your clients quality products designed to last. Read more detail…
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Transamerica’s Commitment To Help Keep Your Business Growing
Transamerica has repriced Trendsetter Super to help keep your term business running strong.
Here is what they are doing to give you, your agents, and your clients more competitive rates.
- Improved pricing on 10-, 20- and 30-year, Standard Nonsmoker and better.
- $500K – 999K/ ages 30-60
- $1M - $3M/ ages 30 – 50
Stay tuned for more information.
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Corebridge Underwriting Sets Us Apart: Fewer Requirements = Faster Decisions
Corebridge’s underwriting program uses a proprietary blend of automation and data sources to learn about your clients and reach fast decisions.
Did you know that their APS order rate is less than 10%, with some partners achieving as low as 1.3%. Read more…
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Industry Life Insurance Sales Are Up, Are Your Sales?
If not call Cenco to help you increase sales!
A January 31, 2025 FINSECA posted Insurance Newsnet headline: “2024 life insurance new premium tops $16B, sets new records, LIMRA says.”
The further story revealed the following for 2024:
- IUL new premium jumped 10% to $1.1 billion in the fourth quarter. Policy count grew 11% year over year.
- Term life new premium totaled $768 Million, 2% higher than prior year’s results.
Read the full article here.
Get yours, don’t let your competition get ahead of you. Contact Cenco or use our carrier, sales and website resources to stay ahead!
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Check Out the Cenco Website At www.cencoinsurance.com And Submit Your e-Applications for Multiple Insurers.
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DI Did You Know
Protect Your Business And Protect Yourself
Chances are you already purchased home, auto and life insurance to protect yourself. What steps have you taken to help shield yourself, your business and those who count on you, from an unexpected loss of income? Would you be able to meet your financial obligations if you became disabled and unable to work for an extended period of time?
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Carrier Incentives
Travel the World With Cenco!
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