Nates Notable Minutes

11/07/2024

So many updates in Final Expense right now. Make sure you understand signature processes and what your clients experience. As for house keeping make sure you review your commission schedules major updates with some of these carriers.

09/11/2024

💥Transamerica Express Solutions MAJOR UPDATE 9/18/2024!!!💥

1️⃣0️⃣ Reason:

• Instant decision in E-App ( Application process 10 minutes from application to policy delivery)

• Underwriting Competitive

• Credit Cards, Debit Cards, Social Security Billing and Direct Express offered

• Competitive Rates

• Commission Paid on daily basis via EFT

• Easy Signatures – Email, Text, Sign on tablet

• Ages 18-85

• Face Amount up to $50,000 with upsell option

• CHF – Select (Day One) / COPD – Select (Day One) / Diabetes with Neuropathy - – Select (Day One)

• Policy Owners get 24/7/365 access to licensed funeral
directors (Everest)

TOP COMMISSIONS and contracting here...

07/03/2024

Aetna

Update: Final Expense processing and administration

Aetna was made aware of a security incident impacting a third-party vendor who administers Final Expense whole life insurance for Aetna Senior Supplemental Insurance.

We severed any connections with their systems to ensure the safety of our systems and data. Aetna systems were not impacted by this incident. Aetna was able to accept new Final Expense whole life insurance applications, but there was a delay in processing.

Here's the latest status:

New business
Pending applications: Applications are currently being processed and issued in date order, including applications received since June 14th. For the most up to date information, go to the agent side of AetnaSeniorProducts.com under Enrollment tracker
Commissions: Commissions will be paid on processed applications upon premium draft. Commissions will return to our previous schedule of Wednesday and Saturday disbursements.
Website data: Data on AetnaSeniorProducts.com for Final Expense new business will be updated as applications are being processed.
Aetna Quote & Enroll (AQE): You may continue to use Aetna Quote & Enroll to submit applications for all products.
Existing business
Premium payments and renewal commissions: June premiums on existing business are being drafted and renewal commission payments have resumed.
Website data: Data on AetnaSeniorProducts.com for Final Expense policies is current through Friday, June 14th. Commission statements and other policy information will be updated at a later date.
Information on lapsed policies will no longer be emailed.
Commission statements
Commission statements will not be emailed going forward.
Commission statements for new business submitted after June 14th will be available on the agent side of AetnaSeniorProducts.com under My Reports/Commission Dashboard/Medicare Supplement and Health
Commission statements for existing business will be updated at a future date on the agent side of AetnaSeniorProducts.com under My Reports/Commission Dashboard/Life
Agent maintenance
Commission level and hierarchy change requests: Final Expense agent commission level and transfer requests have been received and processed.
Demographic and EFT change requests: Requests for demographic and EFT changes will only be processed for commissions related to new business. Requests for EFT changes on commissions related to existing business cannot be processed at this time.
Agent change requests: Final Expense agent commission level and transfer requests have been received and processed. Changes to compensation will be reflected upon system restoration.
Agent support
New business: The team is available by phone, but the team can only answer questions about the status of commission payments and applications for new business.
Existing business: Questions about claims, commissions, and premiums cannot be answered at this time.
We place a high priority on the security of our information systems and take significant measures to protect them from compromise. We apologize for this inconvenience and we will continue to update you as we learn more.

We value your business and thank you for your patience.

03/25/2024

Why is American Amicable one of my favorite carriers?

Its simple TRUE Social Security Drafting, little things like that make a HUGE difference in business. Limit the risk of chargebacks by utilizing this option with American Amicable.

If you aren't set up already let me know.

03/07/2024

New Social Security Requirements Wellabe (Great Western)

Beginning April 1, 2024, you will be required to provide the Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for all new Final Expense and Health insurance applicants

02/22/2024

Great Western / Wellabe agents:

Effective March 1, 2024, Wellabe will only accept valid automatic bank drafts for Final Expense initial payments and no longer accept credit cards, debit cards, and Direct Express card payments during the application process. That’s because MyEnroller® can instantly validate bank account information to protect your sales

Use Wellabe.com as a sales tool   Agent website: wellabe.com/signin View as webpage   New payment protections start March 1 We want to make sure our agents are well prepared for persisting business an

02/22/2024

We are excited about the announcement of LifeCENTER!

This is an an easy-to-use solution designed by industry experts to help agents save time, sell more and better serve their clients. Make sure you ask about this or watch the video below to see how simple this is to use.

01/23/2024

Leave a lasting legacy with our Legacy Safeguard services.

This is a complementary service that you can offer to your clients today. What Legacy are your clients leaving? A simple question can go along ways. ASK THE QUESTION.

01/19/2024

RNA has made some Major updates to the Final Expense product "Ensured Legacy". Multiple options to complete applications with your clients. This will go live 1-21-24.