New Product Alert | Home Life Secure: Where Final Expense and Short Term Care Meet!

[Northeast Agent]

Guarantee Trust Life Insurance Company

Introducing Home Life Secure: A unique combination of whole life insurance with chronic and terminal illness accelerated benefits, as well as a final expense feature.

Couple those benefits with planning and care guidance support for your clients should they need care in their home or in a facility, and you can add another unique, niche product to your portfolio—now available on GTL’s Agent Portal and e-App!

• Death benefits ranging from $10,000 to $150,000.
  
• Living benefits available for Chronic and Terminal Illnesses.
  
• 10% of face amount reserved to help offset final expenses.
  
• Support services to help your clients find, schedule and manage a care team for them and their loved ones.
  
• Tools and guidance to create an informed plan for aging.

 

[somarco]

The product is only as good if the claims are paid.

I found out the hard way . . . this carrier has no clue how to pay Medigap claims. A monkey could pay Medigap claims.

Seems like they may get overwhelmed trying to pay any other types of claims.

 

[Baseball7]

The market is a complete oversaturation with products at this point.

 

[goillini52]

The product is only as good if the claims are paid.

I found out the hard way . . . this carrier has no clue how to pay Medigap claims. A monkey could pay Medigap claims.

Seems like they may get overwhelmed trying to pay any other types of claims.

Hey now, be nice.

 

[somarco]

Hey now, be nice.

I thought you would consider it a complement.

 

[Stephanie F]

Just want to bring some attention to the fact that sales have started for the exclusive, limited distribution, combo Med-Supp and Final Expense product with American Home Life (TPA-Aetna). To secure your access to these products and take advantage of this lucrative opportunity just send me a message and we can go over the contracting process!

For our agents:
Agent resources are already available and at your disposal. Follow the below links to gather more information, and prepare your next social media engagement with pre-made flyers and content!

• (Product Home Page)www.ahlpatriotseries.com
• (Social Media Engagement)https://thesocialpresskit.com/amerilife-social-content#product-focused-content--american-home-life

BONUS OPPORTUNITY!!

When sold in tandem, Med-Supp & Final Expense, this product becomes the most financially rewarding product you can sell in this market! Check out the attached flyer for more information!

Up to $550 per application!

As a reminder, key benefits of this product are:

• Extremely Competitive Med Supp and Final Expense Rates
• Completely eApp Process with Point-of-Sale Underwriting & Instant Decision
• Same Application for both Medicare Supplement and Final Expense
• Approved, Underwritten Med Supp automatically Offered Preferred Rate FE
• Super Preferred Final Expense Rate at 20% Discount Best Price on the Market
• Quick and Easy Shopping Cart Sales with No Phone Interview & “Q-Sig” Signing Process
• Significantly Higher than Industry Commissions for Both Med Supp and FE
• 7% Household Discount for Two Policyholders
• Social Security Billing Option
• Agent Bonuses! $125 Med Sup and $150 Final Expense on Combo
• Currently in 25 States with More 10 More to Come Soon
• Offered at Ages 40 to 89
• Final Expense Face Amounts from $5,000 to $50,000

We are here to help you grow your business, and we look forward to working with you!
Email me at:
[email protected]

 

[jdeasy]

Just want to bring some attention to the fact that sales have started for the exclusive, limited distribution, combo Med-Supp and Final Expense product with American Home Life (TPA-Aetna). To secure your access to these products and take advantage of this lucrative opportunity just send me a message and we can go over the contracting process!

For our agents:
Agent resources are already available and at your disposal. Follow the below links to gather more information, and prepare your next social media engagement with pre-made flyers and content!

• (Product Home Page)www.ahlpatriotseries.com
• (Social Media Engagement)AmeriLife Social for Brokerage

BONUS OPPORTUNITY!!

When sold in tandem, Med-Supp & Final Expense, this product becomes the most financially rewarding product you can sell in this market! Check out the attached flyer for more information!

Up to $550 per application!

As a reminder, key benefits of this product are:

• Extremely Competitive Med Supp and Final Expense Rates
• Completely eApp Process with Point-of-Sale Underwriting & Instant Decision
• Same Application for both Medicare Supplement and Final Expense
• Approved, Underwritten Med Supp automatically Offered Preferred Rate FE
• Super Preferred Final Expense Rate at 20% Discount Best Price on the Market
• Quick and Easy Shopping Cart Sales with No Phone Interview & “Q-Sig” Signing Process
• Significantly Higher than Industry Commissions for Both Med Supp and FE
• 7% Household Discount for Two Policyholders
• Social Security Billing Option
• Agent Bonuses! $125 Med Sup and $150 Final Expense on Combo
• Currently in 25 States with More 10 More to Come Soon
• Offered at Ages 40 to 89
• Final Expense Face Amounts from $5,000 to $50,000

We are here to help you grow your business, and we look forward to working with you!
Email me at:
[email protected]

what are the commissions? For sup? for FE?

and some rate samples?

 

[somarco]

One of the IMO's asked me to review the AHL product, even though FE is not really my gig.

Here is his summary to me . . .

This product is really being positioned as a replacement med supp because full underwriting on the med supp automatically qualifies an applicant for a very low-priced final expense product. But how well it will serve the replacement market is another question. Take a look at some of the knock-out questions with the attached application. Physical therapy?

In fact, I think it might also be a good med supp for T65 because of the underwriting. But I am not sure. This is a proprietary product originating through our own distribution channel and the med supp we previously introduced – Prosperity—was found to be an excellent T65 product because rates have shown to be stable over the last one year since it has been introduced. But, I agree with you, the market does tend to favor med supps that will buy business in the beginning.

Aetna underwrites the med supp side; American Home Life underwrites the final expense.. fyi. And everything is e-app, using the same Aetna technology that is used for Accendo.

My response mostly addressed how the product doesn't match my market, but this might be of interest to others.

I generally don't use FMO's and not sure how I feel about a private label product. I have been down that road before on other health lines where the issuing carrier has almost no risk, everything laid off to reinsurers, and a TPA is handling the underwriting & admin.

There are a lot of red flags on this, so I think I will pass.

 

[WinoBlues]

what are the commissions? For sup? for FE?

and some rate samples?

 

[WinoBlues]

Significantly Higher than Industry Commissions for Both Med Supp and FE

Example please.