Be well prepared to sell Short-term Care insurance

Be well prepared to sell Short-term Care insurance Wellabe’s Short-term Care insurance plan helps clients protect their finances from an unexpected situation in the future if they need extended care. To help you be successful selling Short-term Care policies, we offer sales and marketing tools on the agent portal. This reference for marketing and sales professionals can be used to answer your top questions. It also features a quick summary of the product. The Short-Term Care insurance underwriting guidelines walk you through the entire underwriting process, from start to finish. The article “How to explain Short-term Care insurance to clients”
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

Security enhancements coming this summer

Security enhancements coming this summer It’s vital to make digital programs secure in a world where cyber security is threatened regularly. To fulfill our commitment to keep you and your clients well protected, Wellabe will be implementing multi-factor authentication for the agent portal on July 1, 2024. We want to make this as easy as possible, so we’ve selected the simplest process available. Once the upgrade is live, you’ll be required to re-register to verify your identity when you log into the agent portal and access MyEnroller®. To re-register, you will need your:         • Wellabe agent
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

Wellabe.com isn’t just for clients

Use Wellabe.com as a sales tool Wellabe.com has resources to help you communicate the importance of having supplemental health insurance and being well protected. Direct your clients to free checklists, such as the Best foods for seniors shopping list and the Fall prevention at home checklist, to help promote healthy living. Use What is Medicare? Learn the ABCs — and Part D with clients who are new to Medicare and need a little extra help understanding what the different parts mean. Cover the expected and unexpected with supplemental insurance breaks down the different types of supplemental insurance and helps clients
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

New application requirements are coming soon

Coming Soon: New Application Requirements Beginning April 1, 2024, you will be required to provide the Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for all new Health and Final Expense insurance applicants. This requirement will help streamline the application process by improving instant-decisioning and straight-through processing. SSNs and ITINs are a reliable and universal way to verify a person’s identity and will allow us to determine if someone already has coverage while reducing the number of duplicate accounts. We’ll also be able to properly identify household discount allocation for customers with multiple policies and verify coverage threshold.
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

Short-term Care insurance is a big opportunity

Wellabe’s Short-Term Care insurance is expanding Beginning March 1, 2024, our Short-Term Care insurance will be available in 24 states — which gives you a great opportunity to expand your portfolio. And we offer resources to help you start selling.   Why sell Short-Term Care insurance? This product helps clients protect their finances from cots arising from health situations that would require them to receive care in their homes or in a facility. It’s easier to qualify for compared to Long-term Care insurance, which makes it an attractive option for a wide range of clients. Access sales resources and additional
Read More

Categories: Industry News, Medicare Supp./Adv., and Wellabe.

Wellabe Short-Term Care insurance is coming to 24 states!

Our Short-Term Care insurance is expanding Beginning March 1, 2024, our Short-Term Care insurance will be available in 24 states. Agents in Alabama, Arizona, Arkansas, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Michigan, Mississippi, Missouri, Nebraska, Nevada, North Carolina, Ohio, Oklahoma, South Dakota, Texas, West Virginia, Wisconsin, and Wyoming can get contracted to sell Wellabe’s Short-term Care insurance plans. Contact GoldenCare to get contracted today by emailing marketing@goldencareusa.com or calling 800-842-7799.   Questions? Please contact the Wellabe’s Agent Support by calling 800-547-2401, option 3, or emailing healthagentsupport@wellabe.com.   Wellabe Short-Term Care insurance is coming to 24 states!    
Read More

Categories: Industry News, Medicare Supp./Adv., and Wellabe.

Kentucky SEP commission changes coming Jan. 1

Kentucky SEP commission changes coming Jan. 1 Wellabe has adjusted the Annual Special Enrollment Period (SEP) compensation. While underwritten and open enrollment/guaranteed issue commissions will remain the same, the commissions for the SEP have changed. Underwritten Medicare Supplement applications through Wellabe will get you the highest paid commission in comparison to other types of applications. Plus, this quarter you can earn even more with our Medicare Supplement incentive. With a minimum of 3 approved and taken applications, you will qualify to earn $150 for each one. That’s an easy $450.   Visit the Commissions and Incentives section on the Wellabe
Read More

Categories: Industry News, Medicare Supp./Adv., and Wellabe.

Wellabe Debt Recovery Process

Debt Recovery Process As of Oct. 16, 2023, our updated debt recovery process will be effective, and agents’ debts will be addressed accordingly. Generally, a debit balance is created when an agent receives an advance commission, and the policy terminates before that commission was earned. If you have outstanding debts, Wellabe will reach out to you twice over a 60-day period. GoldenCare will be copied on such messages and will also be in communication regarding debt repayment. If payments are continually missed, the agent will have their Agent Agreement terminated and their obligation will be reported to Vector One.  
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

Get Started with Wellabe’s STC Agent Incentive Program!

Wellabe’s Short-Term Care insurance, underwritten by Medico, is launching an agent incentive program! This is an amazing opportunity to get started with this new product! EXAMPLE Sell 18 policies and receive: First five = $1,000 Next five = $750 Eight additional policies = $800 Total payout = $2,550 These payouts apply in all states where the products are available.   For qualifying Short-term Care applications between Aug. 19, 2023, and Dec. 31, 2023. A minimum of 5 qualifying applications must be submitted and approved to qualify for the payout. Bonus tiers are counted accumulatively throughout the bonus period. Payments are
Read More

Categories: Industry News, Short-Term Care, and Wellabe.

Announcing Aflac’s Final Expense Agent Incentive Program!

Aflac is back with another exciting Final Expense incentive! To participate, you simply need to place one or more Aflac Final Expense Whole Life policies between March 1 and June 30, 2023. Here are the rewards and recognitions you can achieve: Place one policy and be listed on the Aflac Leaderboard Place 10 policies and receive a Distinguished Sales Award Earn rewards based on the number of policies placed: 3 policies = $200 6 policies = $500 10 policies = $1,000 Check out the Aflac Final Expense Incentive Flyer and share it with your colleagues!     #goldencareagent #medicare
Read More

Categories: Aflac, GoldenCare News, Industry News, and Life Insurance.