New Transamerica Bonus Offers!
$500 first case returning agent welcome back bonus plus up to another $800 for up to $1,300 for total monthly bonuses or for current agents up to $800 per month in bonuses.
If you are a current IUL producing Trans agent you can earn up to $800 more per month in April, May and June 2025. If you have not yet produced Trans IUL or have not produced any in the past few years, you can earn $500 for just one placed policy, plus up to another $800 for a total bonus of monthly bonuses up to $1,300.
See details in this “Putting ’25 in Overdrive” flyer…
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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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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
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…
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Carrier Incentives
Travel the World with Cenco!
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