<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=302779086974399&amp;ev=PageView&amp;noscript=1"> Medicare Blog | Medicare News | Medicare Information

Medicare Blog | Medicare News | Medicare Information

Get to know the New PlanRight from Foresters

Posted by www.psmbrokerage.com Admin on Thu, Dec 05, 2019 @ 02:32 PM

Effective date December 8, 2019
 
Foresters Financial Log on to ezbiz
Get to know the new PlanRight. Download the Product Guide.
Effective December 8, 2019, Foresters Financial™ is introducing a brand new PlanRight! It’s fast, flexible protection that’s been enhanced to help meet the needs of your clients.
 
    New Branded Plans  
 
 
 
Level, Graded, and Modified are now Preferred, Standard, and Basic
 
New minimum face amount of $5,000 on all plans
 
A death benefit amount, based on 100% of the face amount, from day one on our newly branded Standard plan
 
 
    Simplified Application and Shorter PHI  
 
 
 
Streamlined health questions improving application flow
 
Easier to qualify for Standard and Preferred plans
 
Shortened PHI providing instant medical eligibility over the phone. And now 5 minutes faster!
 
 
    New Riders & Competitive Rates  
 
 
 
Family Health Benefit Rider available on all plans
 
Accelerated Death Benefit Rider for Terminal Illness on select plans¹
 
Same rates on the Preferred Plan and lower rates for select non-tobacco users²
 
 
Watch for more info coming soon to your inbox! Be sure to get the PlanRight US General application below or log in to ezbiz to get state-specific applications and to order your new PlanRight materials.
 
Download the U.S. General Application
Be prepared. Call PSM today for more details
 
800-998-7715
 
Not appointed with Foresters? Click Here

Foresters products and their riders may not be available or approved in all states and are subject to underwriting approval, limitations, contract terms and conditions, and state variations. Refer to the applicable Foresters Product Guide and the insurance contract for your state for these terms and conditions. Products underwritten by The Independent Order of Foresters.

1 Family Health Benefit rider is available on all plans, while Accelerated Death Benefit rider for Terminal Illness is only available on Standard and Preferred Plans.

2 Reduced rates are applicable only to male non-tobacco users, ages 65-70 and female non-tobacco users, ages 64-70.

For Producer use only. Not for use with the public. 418212 US 12/19

 

Tags: Final Expense, Whole Life, Foresters

Introducing Gerber Life’s Whole Life Insurance Plan

Posted by www.psmbrokerage.com Admin on Wed, Jan 16, 2019 @ 08:31 AM

Gerber header


Introducing Gerber Life’s Whole Life Insurance Plan. Our new policy makes it easier for adults to protect their families by enabling them to put affordable coverage in place that lasts a lifetime.

WHAT BENEFITS DOES A GERBER LIFE WHOLE LIFE INSURANCE PLAN OFFER TO YOUR CLIENTS?

The Plan provides:

  • A death benefit, premiums and cash value that are guaranteed so your clients can take comfort in knowing they’ve got a plan in place to protect themselves and their families1
  • Up to $1,000,000 in life insurance coverage to individuals from 18 to 70 years old
  • Lifetime insurance protection (as long as premiums are paid) for your clients and their families so they can be prepared should the unexpected happen
  • An array of Rider options for enhanced protection
  • Quick underwriting decisions2
  • No required illustrations 

WHY SHOULD YOU AND YOUR CLIENTS CONSIDER GERBER LIFE’S WHOLE LIFE INSURANCE PLAN?

  • You’ll like it because it’s easy for you to sell and easy for clients to buy. Plus, you will receive renewal commissions in years 2–5. Contact your General Agent for more information about compensation.
  • Your clients will like it because the application process is quick and easy, and the Plan is fully guaranteed1 and easy for them to understand.


GERBER LIFE WHOLE LIFE MARKETING MATERIALS

Our new marketing materials are accessible through Gerber Life’s Agent Portal, including a new Whole Life consumer brochure, a handy agent reference guide and a sales tip flyer for agents.

You can also download the materials below.
Whole Life Consumer Brochure, click here.
Whole Life Agent Reference Guide, click here.
Whole Life Agent Sales Tip Flyer, click here.

Questions? Contact us today at 800-998-7715. Request details here

Additional Updates:
 

Tags: Whole Life, gerber life

Withdrawal of PlanRight Voice Signature Telesales

Posted by www.psmbrokerage.com Admin on Mon, Nov 05, 2018 @ 08:23 AM

Withdrawal of PlanRight Voice Signature Telesales

ForestersFinancial_Logo_No_Border

Over the past number of years Foresters has worked to ensure that PlanRight remains a sustainable product for the final expense market. Unfortunately PlanRight sold through the Voice Signature process (VSOP) has continued to see high levels of non-disclosure and higher than expected claims, causing a negative impact on PlanRight as a whole.

Foresters recognizes that for many of you, VSOP is a key part of your portfolio. And while we remain committed to PlanRight as a product, we have made the difficult decision to withdraw the VSOP telesales option from sale effective November 30th, 2018.

You can continue to sell PlanRight through VSOP up until November 30th. All VSOP personal health interviews (PHIs) must also be completed by November 30th. As of December 1st, the “PlanRight Voice Auth Final Expense” product will no longer be a product option on Apptical’s LiveApp website. Any incomplete or pending applications will also be deleted from LiveApp.

PlanRight can continue to be sold through the traditional face-to-face sales process. Foresters Financial™ is committed to the final expense market; we’re excited to be making updates to PlanRight in 2019, and continuing our partnership with you.

Questions?
If you have questions regarding PlanRight Voice Signature please contact the Sales Desk at 1‑866‑466‑7166 option 1. If you have questions about the status of a submitted application, please contact the Service Center at 1‑866‑466‑7166 option 2

Additional Updates:
 

Tags: Final Expense, Whole Life, Foresters

Gerber Life: Help Save Families the Burden of Final Expenses

Posted by www.psmbrokerage.com Admin on Thu, Nov 01, 2018 @ 01:17 PM

Capture-82


At Gerber Life, their Guaranteed Life insurance policy makes providing peace of mind to families simple. It enables your clients to obtain up to $25,0001 in coverage to pay their final expenses — and it comes with an added advantage. Acceptance is guaranteed, regardless of health.

WHY YOUR CLIENTS SHOULD CONSIDER COVERING FINAL EXPENSES WITH GERBER LIFE

As a reminder, Gerber Life’s Guaranteed Life was created for clients between 50 and 80 years old who are looking for insurance to cover their final expenses, whether as a late entry to life insurance, or to help offset coverage they already have. Every policy gives your clients these important benefits:

  • They can’t be turned down and no medical exams are required
  • Beneficiary proceeds are generally not taxable
  • Their premiums never increase for the life of the policy and coverage cannot be cancelled as long as premiums are paid
  • Coverage amounts range from $5,000 to $25,0001

HOW SELLING GUARANTEED LIFE IS NOW EVEN EASIER

Gerber's Guaranteed Life product is simple and easy to understand — so we’ve updated our marketing materials to reflect that. Their streamlined materials, which focus more on benefits, will help your clients quickly and easily understand what makes Gerber Life’s Guaranteed Life unique, and why it may be right for them.

All marketing materials are accessible through Gerber Life's Agent Portal. You can also download the improved agent reference guide and the consumer brochure below.

Agent Reference Guide, click here.
Consumer Brochure, click here.

Put the power of Gerber Life to work for you and your clients today. 

Questions? Contact us today at 800-998-7715. Request details here

Additional Updates:
 

Tags: Whole Life, gerber life

New Gerber Senior Life Insurance Product Released

Posted by www.psmbrokerage.com Admin on Wed, Oct 24, 2018 @ 02:24 PM



At Gerber Life Insurance Company, they make it easy for you to grow your business by helping your clients obtain life insurance protection that can last a lifetime. Gerber Life’s new Simplified Senior Life Insurance Plan provides permanent life insurance coverage with these added benefits:

  • Guaranteed premiums, cash value and death benefits1
  • An easy application process for your clients
  • Quick underwriting decisions2

Gerber Life Simplified Senior Life Insurance

  • Affordable whole life insurance for clients who are seniors and want to ensure their debt and final expenses are taken care of
  • Offers up to $100,000 in permanent life insurance protection
  • Issue ages 50 to 80 years old
  • Simplified Issue (no medical exam for applicants age 70 and under)3
  • Almost instant underwriting decisions (within a minute) for most of the digital and telephone applications submitted from individuals age 70 and under4
  • Accelerated Death Benefit (ADB) Rider included at no additional cost5

Just as important, in addition to first-year commissions, you can earn renewal commissions in years 2 through 5. 

Be a hero to your clients by offering the convenience and simplicity of Gerber Life’s new Simplified Senior Life Insurance Plan.

To learn more, click the links below for the new Gerber Life Simplified Senior Life materials:

Simplified Senior Life Consumer Brochure - Click Here
Simplified Senior Life Agent Sales Tip Flyer - Click Here
Simplified Senior Life Agent Reference Guide - Click Here

Questions? Contact us today at 800-998-7715. Request details here

Additional Updates:
 

Tags: Whole Life, gerber life

Introducing a New Final Expense from Phoenix

Posted by Lauren Hidalgo on Fri, Feb 22, 2013 @ 11:26 AM

Medicare Supplements
Phoenix is now offering Remembrance Life, a whole life policy with some very unique riders helping your clients leave a lasting legacy for their loved ones. Phoenix Remembrance can protect those special moments in life; a child or grandchild’s birthday, graduation, going off to college or even your client’s retirement.

Precision Senior Marketing is proud to be an exclusive distributor offering top level direct contracts on the complete Phoenix portfolio.

Phoenix Remembrance Product Highlights:

  • Whole Life insurance with Additional Income Coverage Rider (AICR)
  • Coverage includes lump-sum and monthly income stream death benefits
  • Total coverage amounts $10,000-$100,000 (base plus AICR)
  • Issue Ages 30-80
  • Simplified Issue Underwriting
  • Included riders: Accidental Death, Terminal Illness and Critical Illness

The optional riders available for Phoenix Remembrance make the product unique and versatile.

These optional riders include*:
Legacy Rider – A way for clients to leave a lasting legacy, by sending a birthday present each year, of up to $500
Educational Benefit Rider – Up to $5,000, in four annual payments, for a client’s beneficiary to further their education
Income Term Rider – Helps provide income replacement protection in case of a premature death
Lifetime Income Rider – Designed to help your clients replace Social Security benefits or other income they may lose due to insured’s death

* Available at an additional premium. Age restrictions vary by rider.  For all riders, the named Rider Beneficiary must be alive to receive benefit payments. Rider benefits are only
available upon the death of the insured and will cease at the earlier of the death of the Rider Beneficiary or the term
stated in each rider.

These benefits are discussed in greater detail in the Phoenix Remembrance Quick Reference Guide and Product Summary.

To request information and get contracted on this new, innovative, product please click the “Request Information” link below or call your marketer at 800.998.7715.


Request Information

Phoenix Remembrance Life (ICC12FEWL) is whole life insurance issued by PHL Variable Insurance Company (PHLVIC) (Hartford, CT). PHLVIC is not authorized to conduct business in Maine and New York. In Maine and New York, Phoenix Remembrance Life is issued by Phoenix Life Insurance Company (PLIC) (East Greenbush, NY). These insurers are separate entities and each is responsible only for its own financial condition and contractual obligations. Members of The Phoenix Companies, Inc. The Phoenix Companies, Inc. and Precision are not affiliates. Payment guarantees are based on the claims-paying ability of the issuing company. 38680 4/13

For agent use only. Not for use with the public as sales literature.

 

Additional Updates:
  • Competitive Med Supp Rates from Equitable Life - Learn More
  • There's a New Med Supp in Town from Cigna - Learn More
  • Combined Med Supp Now Available for Sale in AZ, SC, WV - Learn More
  • Gerber Life Med Supp Rate Increase for FL - Learn More

Tags: Final Expense, Whole Life, Combined Insurance Medicare Supplement, Equitable Life Medicare Supplement, Gerber Life Medicare Supplement, Cigna Medicare Supplement, Phoenix Remembrance

    Join thousands of insurance agents who receive weekly news updates and original articles.

    Like Precision Senior Marketing on Facebook!





    Follow Precision Senior Marketing on Twitter!

    Most Popular Posts

    Posts by Topic

    Click for More