Monthly Bank Draft or Pay Annually for a Medicare Supplement?

The question we often get, “Should I pay annually for my Medicare Suppplement?”
Often times, seniors think they'll get a discount for paying annually. Well, with Medicare Supplements, they do not. Life insurance? Maybe, depends on the carrier, but NOT with Medicare Supplements.

There is a HUGE downfall to paying annually, in fact, with a Medicare Supplement, and this is something your clients MUST KNOW.

See the video.. the dangers of paying annually (or quarterly) for a Medicare Supplement:


Medicare Supplement Training

Mutual of Omaha’s Direct-to-Consumer Application Process

Is it a good idea for a senior to fill out their own electronic application for Medicare Supplement coverage?
Should you, as an agent, send out direct mail with a carrier's website and a six-digit number code after it, and expect seniors to sign themselves up?
Absolutely not.. see the video:

 

medigap training

Residual Income and Insurance Sales

Medicare Supplement Training

 

I'm often asked, by agents considering coming into the niche of marketing insurance to seniors,

“Which way should I go? Life insurance sales or Medicare Supplement sales”

See the video:

The question really is, are you looking for one-time income or residual income?
If you can pay your bills right now, while starting to build your residual income, that's the best strategy.

Life insurance should be pursued in niche marketing. “The riches are in the niches.”
Medicare Supplement sales should be pursued to build a residual income for the future. This is a great retirement plan.

Mentioned in the video:

https://MedicareAgentTraining.com – Medicare Training

Thanks for watching..

Chris Westfall
[email protected]