Coverage Effective Dates

Transcription

1 Coverage Effective Dates Can be between the 1st and the 28th day of the month. If written for effective date of 29th, 30th, or 31st of the month, the effective date will be the 1st of the next month. Applications may not be backdated prior to the application signed date for any reason to save age. Exception: Applications written on the 29th, 30th, or 31st of the month may be dated the 28th of the same month upon request, unless this will cause a duplication of benefits that is prohibited by federal or state law or regulation (07/16) Americo

2 Premium Collection The applicant may select a draft date that will coincide with their Social Security deposit date as indicated in the chart below (07/16) Americo

3 Agent Commission Commissions will be paid upon issuance of the policy AND receipt of the initial premium. Advances will pay on a daily basis, but as-earned commissions will be paid once a month. Renewal commissions are not paid on a daily basis at this time. We are working to build this functionality in the future. Agent splits (currently up to 2 agents) are available (10/15) Americo

4 Medicare Supplement eapplication (07/16) Americo (07/14) AMERICO FOR AGENT USE ONLY. FOR NOT AGENT FOR USE PUBLIC ONLY. USE. NOT NOT FOR FOR PUBLIC PUBLIC USE. USE.

5 How to Access Go to Click, Agent Login (07/16) Americo (07/14) AMERICO FOR AGENT USE ONLY. NOT FOR PUBLIC FOR USE. AGENT USE ONLY. NOT FOR PUBLIC USE.

6 Agent Portal - Dashboard Medicare Supplement Portal Medicare Supplement Quoting Tool (07/16) Americo

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8 Three options available: 1. Get a Quote and Apply 2. Continue with an Application in Progress 3. Check the Status of all E-applications (07/16) Americo

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11 Premium Collection General Administrative Rule 12 Month Rate Current practice is to leave rates in effect, without adjustment for 12 months from the effective date of coverage If paying by bank draft, the Bank Draft Authorization Form must be completed The applicant may select a draft date that will coincide with their Social Security deposit date as indicated in the chart below (10/15) Americo (07/14) AMERICO FOR AGENT USE ONLY. FOR NOT AGENT FOR USE PUBLIC ONLY. USE. NOT FOR PUBLIC USE.

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18 Applicant will need to click on the Finish button after date/time for PHI is entered (07/16) Americo

19 Phone Interview (07/16) Americo

20 Client clicks, Activate button in order to receive their Welcome Letter and ID cards electronically (07/16) Americo

21 Welcome Letter & ID Card (07/16) Americo

22 Need Support? Contact: Marketing, Product, Agent Contracting Support - Press #7 Underwriting, Customer Service, Commissions, Claims - Press #4 Policy Owner Support - Press #2 AmericoPOSContacts@iasadmin.com Health Provider Support - Press #5 Hours: 9:00AM 5:00PM Eastern (07/16) Americo

23 Americo Financial Life and Annuity Insurance Company is authorized to conduct business in the District of Columbia and all states except NY and VT. Americo Medicare Supplement (Policy Series 500) is underwritten by Americo Financial Life and Annuity Insurance Company (Americo), Kansas City, MO, and may vary in accordance with state laws. Some products and benefits may not be available in all states. Neither Americo Financial Life and Annuity Insurance Company nor any agent representing Americo Financial Life and Annuity Insurance Company is authorized to give legal or tax advice. Please consult a qualified professional regarding the information and concepts contained in this material. This is a brief description of your coverage. For a complete description of benefits, exceptions and limitations, please read your outline of coverage and your policy. Neither Americo nor its Medicare Supplement insurance policy are connected with or endorsed by the US government or the federal Medicare program (07/16) Americo

24 Some of the Best Rates in Your State! Example: Iowa , Plan F for a Female, age 65, Non-Smoker, includes 10% HHD, Monthly Premium Rates Carrier Plan F Policy Fee Americo $ $00.00 Company X $ $20.00 Company Y $ $ % Household Discount 1 Great Rates on Plans F & G No Policy Fee Easy Application Process Competitive Commissions 1 Some products and benefits may not be available in all states (07/16) Americo

25 Open Enrollment & Underwritten Plans G and F $100 Bonus for every Plan G $50 Bonus for every Plan F Submitted & approved by Sept 30, 2016 using Americo's eapp $25 Bonus for All available Plans Submitted & approved by Americo s paper application (04/14) Americo (07/16) Americo (07/14) AMERICO FOR AGENT USE ONLY. NOT FOR AGENT PUBLIC USE USE. ONLY. NOT NOT FOR FOR PUBLIC PUBLIC USE. USE.

26 Thank You If you have questions on anything presented today, to order applications and sales materials, please contact Americo Sales Support at (07/16) Americo (07/14) AMERICO FOR AGENT USE ONLY. NOT FOR PUBLIC FOR USE. AGENT USE ONLY. NOT FOR PUBLIC USE.