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Connect4Insurance – Connecture or Sunfire

Connect4Insurance – Connecture or Sunfire

Connect4Insurance – Connecture or Sunfire
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When utilizing Pinnacle Financial Services’ online enrollment platform, the common question is which is a better platform for their enrollments on Connect4Medicare- Connecture or Sunfire. For those of you unfamiliar with Connect4Insurance, Pinnacle Financial Services offers all of our agent’s free online enrollment software for their Medicare Advantage Plans (MAPD), Prescription Drug Plans (PDP), and Medicare Supplement sales. This software is all browser-based and requires no downloads or require any data to be saved onto your computer.

Connect4Insurance- Connecture

While both Sunfire and Connecture platforms allow you to quote, compare and enroll clients, there is some difference between them. The Connecture platform has some of the following:

  • Personalized PURL (Personal URL shopping link)
  • Quoting of Dual Special Needs plans on the PURL
  • Health status that falls within Generally Healthy, Some Health Needs, Significant Health Needs
  • Medicare Supplement enrollments
  • gov Blue Button Functionality
  • Selection of multiple pharmacies during the quoting process

Connect4Insurance- Sunfire

The Sunfire platform has some of the following differences:

  • Enhanced provider search-Allows agents to see if a doctor or provider is in-network on the quoting page (no need to utilize carrier-specific search tools)
  • Ability to choose different LIS (Low-Income Subsidy) levels with approximate premium deductions.
  • An agent can highlight the client’s current plan and compare it to all other plans to show if there are any cost savings to switch.
  • More detailed health status selection that falls within Excellent, Good, or Fair.
  • Dental, Vision, Hearing (DVH) benefits are highlighted on the initial plan comparison page if a plan has it included.

Where does Pinnacle Financial Services come in?

Pinnacle Financial Services is a full-service “FMO” that offers you the best technology in the business while giving you options as well. We are the only FMO in the country that offers BOTH platforms simultaneously to choose from based on your preferences. We also offer the best back-office support in the business, guaranteed lead programs, and give you access to over 140 different carriers in every area of the senior market to choose from. I am the national agent trainer here and I am dedicated to helping agents learn anything that will help take their business to the next level. Before you know it, AEP (Annual Election Period) will be here, and you need a partner that is committed to growing your business. Choose Pinnacle Financial Services.

Need Medicare leads? Learn about our Per-Piece Lead Program

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

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

National Director of Agent Training

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

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Selling Final Expense

Selling Final Expense

Selling Final Expense
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Selling final expense life insurance is a relatively simple process from start to finish, however, it’s important to review some of the processes and procedures that are often overlooked.

What is Final Expense?

Final Expense Life Insurance are whole life policies, with small death benefits ranging from as little as $1,000 to a maximum of around $50,000. This also means that these policies are a form of permanent life insurance designed to provide a guaranteed death benefit till age 120 as well as cash value accumulation. These plans are designed for the senior market (ages 50-85) and will never require a medical exam.

Types of Final Expense Plans

Typically, there are 3 main final expense plans which are offered to individuals based on their health status:

  1. Immediate Benefit Plan (Level)
    1st Day Coverage
    Best Rates for Clients
    Must answer ‘NO’ to all health questions
  2. Graded/Modified PlanLimited Death Benefit for first 2 policy years
    Moderate Rates for Clients
    Allows 1-2 ‘YES’ answers on health questions
  3. Guaranteed Issue PlanLimited Death Benefit for first 2 policy years
    Most Expensive Rates for Clients
    No Underwriting – Automatically Accepted

Selling Final Expense Virtually

Selling final expenses online or over the phone has become very popular over the last few years. Previously, most carriers required a face-to-face meeting with clients in order to process their applications. With virtual appointments being more common, many carriers have taken advantage of their virtual platforms in order to accelerate the sales process. Some final expense plans that allow you to submit electronic applications include Mutual of Omaha’s Living Promise, Transamerica’s Immediate Solutions, and Foresters PlanRight. Some carriers that offer both electronic and telephone applications include Americo’s Eagle Series, Accendo/CVS Health, and CIGNA final expense plans.

Are You Selling Final Expense?

Many agents who have added final expense to their portfolios have increased their sales and income by as much as 40%. Pinnacle Financial Services has all of the tools and resources needed to get agents set up to sell final expenses from start to finish. Give us a call today to set up an appointment with one of our marketing specialists.

Need Final Expense Leads? Click Here to Learn More

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

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Lifetime Income and Annuities

Lifetime Income and Annuities

Lifetime Income and Annuities
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One of the things that all individuals in this country will need to consider as they age is the consideration of guaranteed lifetime income and annuities in their overall retirement and financial plan. In considering this important topic I wanted to make a distinction among what the considerations should be when making this important life decision.

annuity, golden egg

When thinking about the concept of guaranteed lifetime income and annuities, there are some basic considerations that you must consider when considering, or offering a solution.

Lifetime income is a necessity

When considering you complete picture with respect to how healthy your retirement will be a necessity is to have in place some form of lifetime income, which in general will only be accomplished through an annuity. When considering these options, we need to make a distinction of what the best options are when considering these solutions.

Income Now

The option for maximizing income now is the use of a Single Premium Immediate Annuity. By taking a lump sum of money the insurance company will provide income for your life, a period certain and life period, or an installment refund or cash refund lifetime income.

Income later

In considering your guaranteed lifetime income needs, maybe you are a number of years away from needing the guaranteed lifetime income that you desire. This can be accomplished through the use of an annuity that has a lifetime income benefit rider. There a number of considerations that must be thought of when considering the right choice of lifetime income.

When considering the use of a lifetime income benefit rider there are a couple of nuances that the insurance company will offer, but not all benefits are created equal. You can see bonuses, “Roll-Ups” and enhancements to the payments. All of these are beneficial for certain circumstances. Some annuities will offer the highest guaranteed lifetime income for life, while others will offer guaranteed lifetime income that initially will not be the highest but will have the potential to increase with inflation. With the bonuses, “Roll-Ups” and enhancements the consideration that will fit the best is the one that fits the specific client’s unique circumstances.

When making a decision as to what option will fit best take into consideration the totality of the client situation, and with all of your annuity lifetime income needs, contact the specialists at Pinnacle Financial Services to get advice on the current rates and payouts that will fit your client needs the best.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Seniro sales director | life, annuity, & LTC

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

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What is PillPack Pharmacy

What is PillPack Pharmacy

What is PillPack Pharmacy
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If you’re not aware of what PillPack pharmacy is, now is the time to get up to speed. PillPack is a full-service pharmacy owned by Amazon Pharmacy that sorts your medication by dose and delivers directly to the client’s door. They simplify the process of managing medications through a combination of convenient packaging, modern technology, and personalized service. PillPack has become an excellent alternative for clients who have significant amounts of medications to take at different periods of the day. It also helps substantially for clients that may have trouble opening the pill bottles or reading which medication is which.

How Widely Available is this Service?

Most of the top carriers including Aetna, UnitedHealthcare, Humana, Cigna, and many others are currently working with PillPack to help meet the needs of their clients. PillPack is available to use with these carrier’s MAPD and PDP plans.

How Does it work?

PillPack works directly with the doctors and insurance companies just as any other pharmacy like CVS or Walgreens would. Each month the client’s medications, vitamins, and any OTC products are sorted into packets based on the times of day they are supposed to be taken. Once sorted the PillPacks are delivered to the clients ready to take. They will also fulfill prescriptions for Inhaler creams or any other bottled medications. All prescriptions would be on automatic refill, so the client has one less thing to worry about. The client is provided with a dispenser that is loaded with the PillPack and they can simply pull out their current dosage as needed. They are also provided a convenient travel pouch for when they are away from home. They also have pharmacists available 24/7 for any questions that may arise for the clients.

Where do I find more information?

Reach out to one of Pinnacle’s Marketers to go over any questions you may have and find out how to get your clients set up with PillPack today!

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

aSSISTANT vISE pRESIDENT | hEALTH

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

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Selling Cancer Insurance

Selling Cancer Insurance

Selling Cancer Insurance
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Selling Cancer Insurance should be a part of every agent’s offerings to their client. Cancer is the 2nd leading cause of death in the US right behind heart disease. According to the American Cancer Society, approximately 40% of men and 39% of women will develop cancer over their lifetime. While Medicare or other health insurance plans have coverage for the expenses related to diagnosing and treating cancer, most still leave many coverage gaps that can have a substantial impact on a client’s finances.

Types of Cancer Insurance

There are two primary types of cancer insurance, traditional and a “Lump Sum” cash benefit. These plans can be structured in different ways. An expense-incurred plan will pay out a percentage of treatment costs up to a certain dollar amount. An Indemnity policy pays a fixed amount for each benefit outlined in your policy. GTL’s Precision Care policy is a perfect example of a “Lump Sum’ policy. They offer a good base policy along with offering additional riders for maximum coverage and genome sequencing included. If you are not currently contracted with GTL reach out to your marketer at Pinnacle and they can get you ready to sell right away.

Cancer Insurance Made Easy

Here at Pinnacle, we have an array of tools that make selling these plans very simple. Form our online quoting tools to the wealth of information we make accessible to the agents who partner with us. Cancer insurance has unfortunately become a necessity to most health insurance agents and the clients they serve. The carriers we represent here at Pinnacle also have their individual quoting and enrollment tools that offer cancer plans.

As a one-stop-shop for agents working in the senior market, we prioritize showing the agents the importance of having these plans as part of their portfolio. Please reach out to your Pinnacle sales team so we can set you up with the carriers that cater to individuals in your selling area.   We can be reached at 1-800-772-6881 x7731 or Sales@pfsinsurance.com.

For more information, contact a Pinnacle Financial Services representative today

1 (800) 772-6881 x7731 | sales@pfsinsurance.com

Director of Sales - Health

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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