CSI Life Insurance Company Drops Final Expense

Today, Central States Indemnity Company (CSI Life) announced that they are ending the sale of final expense plans effective March 1, 2014.

A company news release through their distributor, AIMC, today said they will not be renewing any state appointments for CSI life.

The release says that any business in place with CSI Life will continue to remain in force as long as the insured pays the premium, and that renewal commission will continue to be paid.

They also say that they are very committed to the Medicare Supplement market.

This is the second carrier in as many weeks that has announced they are leaving the final expense market.

Last week, we covered the fact that Forethought Life Insurance Company told their FMO‘s that they are leaving the final expense market and will no longer accept applications after January 31, 2014.

Foresters Final Expense by Phone

Foresters has announced the addition of new states to their PlanRight sales by phone process.
Foresters allows producers to sell final expense by phone if the producer is licensed in that state and has certified through the voice signature process with Foresters.

Foresters is a fraternal benefit society with extra benefits not found in other typical life policies. They have very competitive rates, legal assistance including the creation of a simple will for free, college scholarship opportunities for children and grandchildren of certificate holders, and much more.

 

Foresters-by-phone-statesClick the image to see the state availability map.

 

Voice Signature on PlanRight now available in Michigan, Florida, Indiana and Nevada

The Voice Signature on PlanRight (VSOP) service is now available in Michigan, Florida, Indiana and Nevada. VSOP is a great opportunity to expand your business .

To get started using this powerful sales tool, go to Foresters producer website, click on Toolbox > Voice Signature. You'll find training, tips and a link to a sample PlanRight voice signature application along with the advanced notification packages.

PlanRight voice signature is now available in 28 states. We've updated the PlanRight State Availability Map.

Foresters contracting is available here for new agents.