ISA Updates and New Products

Companies all across the country are feeling the crunch of our economic crisis, with millions of people finding themselves without a job, and consequently, without health insurance . Even employees who do not lose their jobs, may be downsized to part time and will also lose their benefits.


It’s not only big investment firms and banks that are laying off people. As of March 2008 the following Wall Street Firms have cut the following amount of jobs:


Citigroup~ 6,200

Lehman Brothers~ 4,990

Bank of America~ 3,650

Morgan Stanley~ 2,940

Washington Mutual~ 2,600

Merrill Lynch~ 2,220

HSBC~ 1,650

Bear Stearns~ 1,550

WestLB~ 1,530

UBS~ 1,500

Goldman Sachs~ 1,500

National City~ 900

Credit Suisse~ 820

Royal Bank of Canada~ 500

Fortis~ 500

Wells Fargo~ 500

Wachovia~ 443

Deutsche Bank~ 370

JPMorgan Chase~ 100


TOTAL ~ 34,463


If your client was receiving health insurance through their job, their employer may be required by law to give them an opportunity to remain on the employer's plan under COBRA continuation coverage. However, they will no doubt be shocked by the high cost of premiums at a time when they no longer have any income.

Travel Medical Insurance

Do you know that of all the major International Insurers worldwide, 75% of the international market still remains untapped?


More and more Foreign Nationals, Expatriates, and International Travelers are purchasing Travel Medical Insurance, and we at Insurance Services of America are here to help you make money in this rapidly expanding market.


There are a myriad of groups and organizations who travel Internationally. Church groups, Foreign exchange students, missionary teams and many more are in need of International coverage. Senior Citizens who travel internationally may not know that Medicare does not cover them outside the USA. Many travelers do not realize they are required to show proof of International Insurance in order to enter the country they are visiting.






Because it's EASY!





Our International Travel Medical Plans are Guaranteed Issue with LOW premiums. Plus, you may write this plan on anyone, anywhere, without the need of a non-resident license. They are a great addition to your website! Give us a call, we'll make you a link to put on your agency's web page.


When you or your client applies online, you can print out your ID card and Embassy letter immediately, so it is perfect for the last minute traveler.


The leads are infinite! A quick search on the Internet will show you the multitudes of businesses and organizations that travel Internationally, and US companies with overseas employees.

We at Insurance Services of America are pleased to represent the Amigo Short Term Plan. As you already know, the Amigo Short Term Health plan is an excellent choice for your client's short term health care needs. The Amigo gives your clients freedom to choose any physician, and has a unique $50 Urgent Care co-pay which is not subject to meeting the deductible.



Here are some other things that you may find helpful when completing the Amigo application:



How to apply:



I recommend our agents apply for this plan online whenever possible. When you apply online, you can be assured that the rates you quote are the current and most accurate rates available, plus, the quoting tool will do all the math for you!



Another benefit to applying online is that this plan is instant issue! You can print out your client's policy and ID card on the spot~ no waiting for policy status.



As an Insurance Services of America broker, we will gladly send you your own personalized link that you may email to clients, or place on your website. Any business done from that link will be automatically coded to you, so you will never have to worry about not getting credit for the cases you write.



If you prefer to do things the old fashioned way, no problem! Call one of our friendly agents who will be happy to run an instant quote for you. You may mail or fax your application to our office, and based on the date of the incoming fax or the postmark on the envelope, we will be able to honor your client's requested effective date. Even if you mail in your app, you can still get a day after postmark effective date.



Payments:

Your client can pay their insurance premiums one of two ways. If your client wishes to pay monthly, they can provide a credit or debit card. If your client wishes to pay by check, they must pay a lump sum premium. When paying in a lump sum, your client will save typically 30% over the already low premium.



Citizenship:

Although the Amigo Short Term plan does not require a Social Security number or proof of citizenship, it is important to note question #5 on the application:



If you are not a US citizen, do you expect to legally reside in the US for the duration of the policy?



If you are in this country illegally, you may NOT apply for the Amigo Short Term plan. This plan is great for people making a short term visit to the United States, looking for an affordable, comprehensive short term health plan.

Of course, this plan is also an excellent alternative to costly COBRA plans, and is ideal for US citizens who need to bridge the gap between retirement and Medicare, or for recent college graduates who are no longer eligible for their parents plan, or folks who are just looking for a way to safeguard their family's health at a reasonable rate.



We all know these are tough economic times. Getting sick while uninsured can be financially devastating. The Amigo Short Term plan is a cost effective solution. We are glad you have made the decision to represent this fantastic plan from an A+ rated carrier, and we want to help!



Not already appointed to sell this plan? Call our marketing department today for a sales kit.