InPocket Plan - Health Insurance Supplement by BAI

Selling the InPocket Plan

 

Startling statistics underscore a sobering reality: over 60% of Americans maintain a bank balance of less than one thousand dollars. This financial constraint can pose significant hurdles when confronted with unforeseen medical expenses.

In our last newsletter, we introduced the InPocket Plan — a revolutionary health supplement designed to address the challenges faced by individuals struggling with high out-of-pocket costs and hefty deductibles. This plan works alongside an existing Comprehensive Health Plan by lowering the deductible and adding additional benefits.

Since then, several of our agents have had great success in promoting and selling this product. We recently spoke with one of our top general agents in MO about selling the InPocket Plan. He shared with us insightful information about the ins and outs of selling this great product.

Visit the InPocket Plan website to learn more about the plan and how it works.

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Leaders become great not because of their power, but because of their ability to empower others. — John Maxwell
 

Incentives

 
Group Connect by MWG

Group Connect Premium Saver Incentive

Receive a $50 bonus for every Premium Saver group with 10+ submitted through Group Connect.

Effective Dates: Nov 2023 – Feb 2024

Bonus will be paid in March 2024

Download Incentive PDF

Bundling Bonus

Every group sold through Group Connect with 3 or more products = $100 gift card.

Effective Dates: Nov 2023 – Feb 2024

New Business Only • Bonus paid in March 2024

Download Incentive PDF
Bundling Bonus
Premium Saver Bonus Incentives

Premium Saver Bonus Incentive

$1,000 Bonus

for groups with 100+ enrolled

$500 Bonus

for groups with 41-99 enrolled

Effective Dates: Dec 2023 – Feb 2024

New Business Only • Bonus paid in March 2024

Download Incentive PDF

InPocket Plan Agent Incentive

$500 Bonus: 25 Enrollments
$1,000 Bonus: 50 Enrollments
$2,000 Bonus: 100 Enrollments
$10,000 Bonus: 500 Enrollments
$20,000 Bonus: 1,000 Enrollments
 

Effective Dates:
Sept 01, 2023 – Mar 01, 2024

Enrollments must come through IFE

Download Incentive PDF
Inpocket Plan Agent Incentive
VPS Individual Vision Plans - Let Your Rewards Soar

2023 VSP Bonus

Earn a $100 Tango® Gift Card for every five new VSP® Individual Vision Plan enrollments.

It's That Simple. Watch your Enrollments and Earnings Grow!

Rewards will be distributed in January 2024.

Download Incentive PDF

Premium Saver Monthly Incentive

$100 Gift Card for every Premium Saver group with 5+ enrolled

Bonus paid every following month!

Download Incentive PDF
Premium Saver Extra Incentive
One America Annual Bonus Incentive

OneAmerica Annual Incentive!

Earn up to 10% in bonus percentage!

Sell a minimum of 10 lines of coverage and $50,000 annualized new business premium; or
A minimum of five lines and $500,000 annualized new business premium
 

Effective Dates:
Jan 01, 2023 – Dec 15, 2023

Download Incentive PDF
 

Insurance Leadership
Podcast

 
Insurance Leadership Podcast - Tools for success specifically for the insurance business

Lead You with Bobby Harrington

Episode 29

 

Bobby Harrington, renowned author and CEO of Rubicon COA, joins the podcast to discuss growth as a leader. Harrington shares valuable insights drawing from his diverse background in college football, the Marines, and years of corporate leadership in Fortune 100 companies. His latest book, "Lead You," places a strong emphasis on the importance of self-leadership. Throughout the conversation, Harrington sheds light on the demanding nature of leadership and emphasizes the significant role that self-leadership plays in attaining success.

Watch on Youtube

Voluntary Disruption with Eric Silverman

Episode 30

 

We are joined by Eric Silverman, a prominent figure and catalyst for change in the realm of enhanced employee-funded benefits. Eric's expertise and innovative approach have significantly impacted the insurance industry. He provides a fresh perspective on employer benefits and marketing strategies that will challenge conventional thinking. He shares about his unique business model, which he developed in response to identified gaps within the insurance market. Eric also emphasizes his philosophy on renaming voluntary benefits to better convey their value to employees. This episode promises a wealth of insights that will reshape your understanding of insurance and benefits.

Watch on Youtube

ACA Enrollment Platforms with Chad Hogan

Episode 31

 

Ryan Eaton and Chad Hogan explore the invaluable benefits that Quotit brings to carriers in the insurance landscape. As the president of Quotit, Chad explains crucial aspects such as pricing models, implementation strategies, and the significance of building strong partnerships in the insurance ecosystem. The conversation is a deep dive into their innovative approach, emphasizing the delivery of clean data and a seamless experience for agents and consumers alike. Tune in as Chad Hogan shares his expertise and unveils their approach to enrollment that is reshaping the insurance industry.

Watch on Youtube
 

Breast Cancer Awareness Month

 
Image of the MWG Broker Services team wearing pink
 
Breast Cancer Awareness Month, held yearly in October, aims to promote screening and prevention of the disease. Breast Cancer impacts one in eight women in the US yearly and 2.3 million women worldwide. MWG Broker Services team decided to wear pink as a reminder for all women to have their yearly screenings, in honor of friends and family members battling breast cancer, and in memory of those who lost their battle to this deadly disease.
 

In the Spotlight

 

As always, we take pride in having a strong, insightful team. Every day we are reminded of how lucky we are to work with such great people. Meet two members of our team: Ashley Saffold and Rebecca Cooper.

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Image of Ashley Saffold

Ashley Saffold

Sales Coordinator

Image of Rebecca Cooper

Rebecca Cooper

Concierge Renewals Specialist

Webinars

Cooper Simmons, Technology Trainer

 

How to Sell MWG’s new InPocket Plan

November 14, 2023 11:00 AM CST

We know everyone is excited to start selling MWG's new individual product we call the InPocket plan but want to make sure everyone understands how to get to the point of sale. In this webinar, we will go over the following:
• Contracting with AmFirst and Standard Life
• Registering the Broker Portal
• Accessing and Customizing IFE Link

Please take time to join this webinar or register for the recorded version so that you are prepared to offer the InPocket plan to your clients in 2024!

Register Online
 

4th Quarter Broker Portal Review

December 5, 2023 11:00 AM CST

Utilizing all the ins and outs of MWG’s complimentary Broker Portal could be the difference between you and the competition! In this upcoming webinar we will review the Broker Portal and make sure you are equipped with the knowledge to separate yourself from your competitors. Take this opportunity to refresh yourself on all things Broker Portal and enhance your value as an agent!

Register Online
 

Using MWG's Insurance For Everyone Platform

January 9, 2023 11:00 AM CST

We hope you have heard about MWG's new individual version of our Premium Saver plan. In this webinar, we will go over how to quote and enroll the product within your IFE site. Any questions that you have before, during, or after can be sent in and will be answered as quickly as possible. This is an exciting product that can save your clients money without sacrificing coverage and we hope that you will put it to work!

Register Online
 
 
 

And if you missed any webinars, please check out our website:

 
Previous Webinars
 

Our goal is to connect you with valuable info from the nation's top insurance companies and brokerages. Within each issue, you'll find sales strategy updates, broker tools, marketing material, and compliance updates.