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How to Contract for a Life Insurance Company

How to Contract for a Life Insurance Company

How to Contract for a Life Insurance Company
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The Just-in-Time Process

Getting contracted is the first step in submitting business with an insurance carrier. The team at Pinnacle Financial Services can help simplify this process for you. A lot of agents think they need to be contracted with a company first before they can submit business. However, the insurance industry as of late has been moving towards the “just-in-time” process.

What is just-in-time? It is a process where the insurance carrier takes your contracting paperwork, but does not file your appointment with the state until the first piece of business is written and submitted. It has been introduced lately to save the carrier time in appointing those who never submit any business. The previous pattern involved agents becoming contracted with a carrier, never submitting business, and then terminated due to lack of production. Then the cycle would restart as they would be ask to be re-appointed, only to repeat the process all over again.  This not only wastes time but also money, and the carriers don’t want to do this dance anymore.

Some of the carriers Pinnacle has partnered with that utilize the just-in-time appointment process are:

For help with your appointment process, reach out to one of Pinnacle’s knowledgeable sales directors. They can provide you with all of the information needed to become appointed and submit business. The team can also scrub and process your business to make sure it is issued within a timely manner.

For more information, contact a Pinnacle Representative today at 1-(800)-772-6881 x6003 or email lifesales@pfsinsurance.com.

Director of Sales - Life & Final Expense

1 (800) 772-6881 x7794
wreadinger@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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Medicare Companies in Philadelphia

Medicare Companies in Philadelphia

Medicare Companies in Philadelphia
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Philadelphia, like most cities, has Medicare plans and companies that are unique to their area. There are three different types of Medicare plans offered by private companies:

  • Medicare Supplement
  • Medicare Prescription Drugs
  • Medicare Advantage

As an agent, it’s important to know where to search for, and how to compare, plans to determine what will best fit the needs of your clients. Pinnacle Financial Services, a local FMO in the Philadelphia area, carries most of the companies unique to Philly, and has multiple specialists available to help answer any and all questions.

How to search for Medicare companies in the Philadelphia area

A number of different tools are available to assist agents in not only finding all of the companies available, but also comparing such plans to find what fits.

Pinnacle offers our agents access to these services at no cost.

Medicare Plan Finder had some major changes this past year, and has helped provide another way to run a quote.

Connect4Medicare.com provides agents a way to run quotes for individual clients based upon their medications and current financial statuses. The system also has a doctor and hospital look-up service to find if clients are covered at facilities, such as Lehigh Valley Hospital (Allentown,) or Novacare Rehab (South Philadelphia.)

Additionally, agents can also run a more generalized quote as well as find base pricing using Pinnacle’s CSG Quoting Tool.

There are several websites to show every single company within a specific ZIP code, although they may not be compliant to show a client.

When in doubt, reach out to our agent support team, based only 30 minutes outside of Philadelphia.

There is a large list of companies within and around Philadelphia, many of which will be attending the 2020 Sales Summit, (held in King of Prussia, March 10 & 11.) Below are a list of Pinnacle’s preferred carriers for each Medicare product line.

Preferred Companies offering Medicare Plans in Philly

Medicare Advantage
  • UnitedHealthcare
  • Aetna
  • Independence Blue Cross
  • Humana
  • Cigna
Medicare Supplement
  • UnitedHealthcare
  • Cigna
  • Aetna
  • Transamerica
  • Mutual of Omaha
Prescription Drug Plans
  • UnitedHealthcare
  • Silverscript
  • Envision
  • Wellcare
  • Humana

For more information, contact a Pinnacle Representative today at 1-(800)-772-6881 x7731 or email sales@pfsinsurance.com.

Senior Sales Director - Health

1 (800) 772-6881 x7716
jpalo@pfsinsurance.com

Contact a Pinnacle Representative if you have any questions.

1 (800) 772-6881
support@pfsinsurance.com

Contact Us

Contact a Pinnacle Financial Service representative today for assistance.

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