Medicare Blog | Medicare News | Medicare Information

Corebridge SimpliNow Legacy® At-a-Glance

Posted by www.psmbrokerage.com Admin on Tue, Jun 06, 2023 @ 01:09 PM

Here are the top features of this Final Expense solution from Corebridge Financial.
With instant underwriting decisions, SimpliNow Legacy helps you convert as many leads as possible - because your time is money!

1. Compensation:

Recently increased commissions.
Earn $2500 extra by placing ten policies with the Final Expense Agent Bonus Program.

2. Process built with you in mind:

All offers are automated and instant – no human intervention or speaking with an underwriter.
When final offers of Graded death benefit or decline are made, we will provide reasons why.
No tele-interviews.
Corebridge doesn’t ask for payment or beneficiary information until AFTER the offer is made. And none of our payment types will reduce your commission.

3. Unique client benefits:

Limited pay feature allows for no more premium payments after a stated age (maximum payment age). This will vary but it’s a great selling point that premiums will not be needed every year.
SimpliNow Legacy has four payment types – Social Security debit card (Direct Express), credit cards, debit cards, or bank draft.
Three available riders – Accelerated Death Benefit for Terminal Illness and Nursing Home Confinement Riders included at no additional charge; and an Accidental Death Benefit Rider available for an additional cost.

4. Underwriting Niches:

Available for Level Death Benefit (policy pays the full amount in all years):
- Stage 1 cancers diagnosed or treated in last 48 months.
- Rheumatoid arthritis or psoriatic arthritis.
- Some stable coronary conditions treated with stents or by-pass surgery.
- Diabetes with stable A1C less than or equal to 8.6%.
No MIB, background check only for lack of candor: BE HONEST!
One of the only Final Expense products that can provide an offer for COPD -- with no hospitalization in last 2 years.
Note: Corebridge does not underwrite for neuropathy or diabetic neuropathy.

5. New name, same company:

Corebridge Financial: new name for AIG Life & Retirement with no changes to products, policies or contracts.

Download the Flyer

SimpliNow Legacy Max provides a 100% of face amount death benefit beginning on policy day one when inforce. SimpliNow Legacy provides a limited death benefit in the first two years of the policy. Should death occur in the first
two years, the death benefit will be equal to 110% of the premiums paid.

Newest Blog Posts | All Blog Posts

0 Comments Click here to read/write comments

Tags: Final Expense, aig, Corebridge

Corebridge Final Expense Plans

Posted by www.psmbrokerage.com Admin on Wed, May 31, 2023 @ 09:40 AM

Preparing can help
bring peace of mind

AIG Life & Retirement is now Corebridge Financial

Budgeting for the unexpected seems counterintuitive when there are so many variables and unknowns to factor in. Yet preparing for end-of-life expenses can help your clients protect their families and give them peace of mind.

Fifty-six percent of Americans say they’re living “paycheck to paycheck,” and more than half have less than 3 months’ of expenses in their emergency fund. ^1,²

Unexpected expenses and setbacks are not uncommon. Personalize our infographic flyer to start the conversation with your clients about how life insurance can help keep them protected without changing their spending or saving habits.

At Corebridge Financial, we're helping people secure a better life ahead.

Start a conversation

Unexpected Expenses infographic

Report: 56% of American Consumers Are Living Paycheck to Paycheck. March 2021.
https://www.prnewswire.com/news-releases/report-56-of-american-consumers-are-living-paycheck-to-paycheck-301248581.html

Survey: More than half of Americans couldn’t cover three months of expenses with an emergency fund. July 2021.
https://www.bankrate.com/banking/savings/emergency-savings-survey-july-2021/

Policies issued by American General Life Insurance Company (AGL), Houston, TX except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). AGL does not solicit, issue or deliver policies or contracts in the state of New York. Guarantees are backed by the claims-paying ability of the issuing insurance company and each company is responsible for the financial obligations of its products. Products may not be available in all states and features may vary by state. Please refer to the policy for more information

All companies above are wholly owned subsidiaries of Corebridge Financial, Inc. Corebridge Financial and Corebridge are marketing names used by these companies.

This material is general in nature, was developed for educational use only, and is not intended to provide ﬁnancial, legal, ﬁduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. For legal, accounting or tax advice consult the appropriate professional.

FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION

0 Comments Click here to read/write comments

Tags: Final Expense, aig, Corebridge

Corebridge Final Expense Agent Bonus Program

Posted by www.psmbrokerage.com Admin on Wed, May 03, 2023 @ 10:16 AM

Corebridge bonus

Final Expense Agent Bonus Program - Get a maximum bonus of $2500 on your SimpliNow Legacy simplified issue whole life sales!

The Final Expense Agent Bonus Program runs from January 1 to December 31, 2023 and you’re automatically enrolled. Just sell SimpliNow Legacy Max (level death benefit) or SimpliNow Legacy (graded death benefit) and receive a bonus after writing one qualifying application.

Write ten applications and earn $2500!
Not appointed with Corebridge? Request a contracting link here.

Corebridge bonus amounts

Prepare to sell and earn your bonus today. Make sure you’ve registered on Connext, completed your required AML training, and can access the SIWL eApp under “Start Your Application” section in Connext. Check out our Agent Site for how-to videos and more!

Kick off your SimpliNow Legacy sales!
Review the following list of program rules.

0 Comments Click here to read/write comments

Tags: Final Expense, aig, Bonus Program, Corebridge

AIG: Great news! You can earn up to $500 extra until September 30th

Posted by www.psmbrokerage.com Admin on Wed, Jul 20, 2022 @ 09:33 AM

To learn more about AIG and request product information, please visit here.

Pass GO, collect $200

Or even better, collect up to $500 through the Fast Start Bonus Program when you sell new SimpliNow Legacy policies.

Fast Start
Bonus Program

You have until September 30 to earn extra commission based on the number of SimpliNow Legacy policies you sell.

Find out more

Earn up to $500 extra

Ten paid apps = $500.
Three paid apps = $200.
One paid app = $50.
Let's go!

Get started

But wait, there’s more

Bonuses are paid weekly. As an added thank you, inforce policies sold before April 4 also count toward the Fast Start Bonus Program.

START SELLING

SimpliNow Legacy offers a limited death benefit in the first two years of the policy. Should death occur in the first two years, a death benefit will be equal to 110% of the premiums paid.

Talk to your clients about
SimpliNow Legacy today!

For training and marketing materials, visit life.aig.com/siwl.

LEARN MORE

SimpliNow Legacy is distributed exclusively by Transactional Markets Group, a division of AIG Financial Distributors.

Policies issued by American General Life Insurance Company (AGL), Houston, Texas. Policy Forms: ICC21-21445, 21445, 21445-5, 21445-10, 21445-35, 21445-42, ICC21-21447, 21447, 21447-5, 21447-10, 21447-35 and 21447-42. Rider Numbers: ICC21-21468, 21468, 21468-5, 21468-10, ICC21-21469, 21469, 21469-5, 21469-10, ICC21-21470, 21470, 21470-5, 21470-35 and 21470-42. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit, issue, or deliver policies or contracts in the state of New York. Products may not be available in all states and product features may vary by state.

This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. For legal, accounting or tax advice, consult the appropriate professional.

This is not a preneed insurance contract or agreement. Benefits are payable to the beneficiary or beneficiaries as directed by the owner of policy. Premiums paid may exceed amount of coverage. For an estimate of the year the premiums may exceed the amount of coverage, divide the face amount by the annual premium. In the event of suicide, the death benefit is limited to a refund of premiums paid less any outstanding loan amount.

THIS POLICY DOES NOT GUARANTEE THAT ITS PROCEEDS WILL BE SUFFICIENT TO PAY FOR ANY PARTICULAR SERVICES OR MERCHANDISE AT TIME OF NEED OR THAT SERVICES OR MERCHANDISE SHALL BE PROVIDED BY ANY PARTICULAR PROVIDER.

FOR FINANCIAL PROFESSIONAL USE ONLY—NOT FOR PUBLIC DISTRIBUTION

American General Life Insurance Company
2929 Allen Parkway Houston, TX, 77019, USA
© 2022 American General Life Insurance. All Rights Reserved.

AGLC201760 REV0722

0 Comments Click here to read/write comments

Tags: aig

AIG: New 9-Month Commission Advance Reminder

Posted by www.psmbrokerage.com Admin on Thu, Apr 28, 2022 @ 09:21 AM

Effective April 11

9-month commission advances
will be available when you sell
SimpliNow Legacy^SM

AIG has updated their commission terms to offer you 9-month commission advances, or 75% of annual commission, on this new SIWL life insurance product – with no annualization fee. This enhancement replaces your current 6-month, or 50%, commission advances with a fee.

Key things to know about this update:

•

This change on April 11, 2022 will affect all AIG products sold under your Transactional Markets Agent code.
- Example: GIWL product sales will also move to 75% annualization or 9-month commission advance.

•

This change to 75% annualization removes the annualization fee.

•

There are no changes to chargeback guidelines.

With SimpliNow Legacy, you can close sales in as little as 20 minutes during one client visit, with real-time payments using our fast and easy electronic application (eApp). It offers instant underwriting decisions 100% of the time—with no medical exams.

Complete the four steps in the box and start selling today!

*This supplement is only for you and is not intended to be distributed to other parties. It is not valid unless delivered directly by AIG. SimpliNow Legacy is distributed exclusively by Transactional Markets Group, a division of AIG Financial Distributors.

Policies issued by American General Life Insurance Company (AGL), Houston, TX. Policy Forms: ICC21-21445, 21445, 21445-5, 21445-10, 21445-35, 21445-42, ICC21-21447, 21447, 21447-5, 21447-10, 21447-35 and 21447-42. Rider Numbers: ICC21-21468, 21468, 21468-5, 21468-10, ICC21-21469, 21469, 21469-5, 21469-10, ICC21-21470, 21470, 21470-5, 21470-35 and 21470-42. Issuing company AGL is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Guarantees are backed by the claims-paying ability of the issuing insurance company. AGL does not solicit, issue, or deliver policies or contracts in the state of New York. Products may not be available in all states and product features may vary by state.

This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting, or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Clients should consult their financial professional regarding their situation. For legal, accounting or tax advice consult the appropriate professional.

This is not a preneed insurance contract or agreement. Benefits are payable to the beneficiary or beneficiaries as directed by the owner of policy. Premiums paid may exceed amount of coverage. For an estimate of the year the premiums may exceed the amount of coverage, divide the face amount by the annual premium.

THIS POLICY DOES NOT GUARANTEE THAT ITS PROCEEDS WILL BE SUFFICIENT TO PAY FOR ANY PARTICULAR SERVICES OR MERCHANDISE AT TIME OF NEED OR THAT SERVICES OR MERCHANDISE SHALL BE PROVIDED BY ANY PARTICULAR PROVIDER.

FOR FINANCIAL PROFESSIONAL USE ONLY-NOT FOR PUBLIC DISTRIBUTION

0 Comments Click here to read/write comments

Tags: aig