ISA Updates and New Products
Thursday, November 20, 2008
Dear ISA:
I get a lot of great insurance related inquiries emailed to me each day. I thought I would post a few of them here in case your clients had similar questions. Hopefully you will find some useful info below, and please be sure to email me at Kina@isaBrokers.com to get your question published in our next Q&A blog.
Q: My family is traveling to Canada for the Holidays, and we want to get travel medical insurance. However, my 62 year old dad recently had a heart attack. The doctor says he is OK to travel, but we are worried that we won’t be able to get insurance for him because of his a pre-existing condition. Is there anything out there that can help him? ~ Charlotte from IN.
A: Hi Charlotte, sorry to hear about your dad. Thankfully though, we do have a plan that will cover him. With the Atlas international Plan, acute onset of a Pre-existing condition is covered for clients under age 70 for up to $15,000.00 and up to $25,000.00 for emergency medical evacuation.
Q: We are going to Italy next month. Since Italy has socialized health care, do I need to purchase travel medical insurance? ~ Larry, Olympia WA.
A: Great question Larry. While countries like Italy do provide socialized health care for their citizens, people who are just visiting are not entitled to their free health care system. It would be a wise choice to go ahead and purchase travel medical insurance.
Q: My mother and I are taking a cruise. She is 70 and I see that most plans don’t cover pre-existing conditions if you’re 70. She is on Medicare, but I heard that doesn’t cover overseas. What do you recommend? ~ Amber in KY
A: You are correct about Medicare not covering outside of the United States, Amber. Your mother would be an excellent candidate for the TravelGap Excursion Plan, which covers pre-existing conditions up to age 84.
Q: My son is studying abroad in Spain next summer; does your insurance cover moped or motorcycle riding? ~ Carmen from Tulsa
A: Sounds like your son is in for quite an adventure. As long as he will be riding his cycle as a means of transportation, I recommend the Atlas Travel Plan, since that type of coverage is already included with the plan at no additional cost.
Q: I’m taking a large group down to Mexico and want to insure them for accidents, what plan do you recommend and can I enroll everyone at the same time or do they have to apply individually?~ Marco, AZ
A: Well Marco, we have a plan called the Day Tripper that would be perfect for your group. You can upload your group’s information onto a spreadsheet and avoid having to do lots of extra paperwork. Plus, you will get a much lower group rate, beginning at around 95 cents a day!
Q: If I buy one of these plans and need help, how can I reach you from out of the country? What if it is an emergency and there is no one available because of the time difference? ~ Tom, Chicago
A: Never fear, Tom, our plans come with a 24 hour worldwide assistance telephone number, which you can call collect. You will find that number on your policy ID card, and it is not only for emergencies; we can help you find a doctor, arrange evacuation, lost baggage, and travel assistance.
Q: My clients who own a company that sends employees to China multiple times a year, what plan do you recommend? ~ Dave from California
A: Have you heard about the versatile new Atlas Corp plan, Dave? This unique new plan is great for companies who send multiple employees overseas at different times. This plan gives you 500 days of travel medical coverage, which you can distribute among all the travelers in the group. Give us a call at 800.647.4589 for more details.
If you have clients with tough travel needs, do not hesitate to call the experts at
Insurance Services of America.
We can help you find the perfect plan for your client, and we only deal with top-rated carriers. Call our marketing team today at 800.647.4589 and we will be happy to send you supplies or additional info.
Have a question you would like to have answered in our blog? Email me at Kina@ISAbrokers.com.
Happy Thanksgiving from Insurance Services of America,
a cornucopia of Insurance Niche know-how for 38 years!
Thursday, November 13, 2008
Health Insurance for ANYONE!
An AFFORDABLE alternative to expensive state risk pools
INSURANCE~NOT an Association Discount Plan
Available to Individuals or Families
Up to $1,500.00 per day hospital indemnity!
Up to $1,500.00 per day while in intensive care!
Up to $15,000.00 per year all surgeries!
(2 surgeries per year maximum of $7,500 per surgery on a scheduled basis)
20% of Surgery Benefit for Anesthesia Benefit!
Up to $75.00 Doctor Office Visits! (5 visits per year – 10 visits for families)
Up to $75.00 for Preventive Care! (Annual physical plus much more)
Up to $150.00 for Outpatient Diagnostic, X-ray, Lab!
(Up to $750.00 per year)
Up to $150.00 for Emergency Room!
Up to $100.00 for Ambulance!
Issued to Age 64 –coverage terminates at age 70!
Underwritten by an A+ Superior Company!
Call our Marketing Department today so that we can get you set up to sell this amazing plan!
800.647.4589
Just another fabulous niche product from the pros at Insurance Services of America!
The Value Access is currently approved in ALL states EXCEPT: AR, CA, CT, DE, HI, ID, IN, MD, MN, MT, NH, NJ, NY, OR, SD, WA, WV
Friday, October 24, 2008
Weak Economy Leads to Mass Layoffs
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.
Thursday, October 16, 2008
Hey ISA Broker! Expand Your Portfolio!
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.
Wednesday, October 8, 2008
Important Things to Know When Writing the Amigo STM:
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.
Friday, September 12, 2008
British Travel Company Collapses:
SOURCE:Air Security International
Spokesmen at XL Leisure Group Plc announced the company has gone into administration on 12 September 2008, stranding thousands of travelers around the world. British Civil Aviation Administration officials stated that approximately 89,000 travelers who used the XL airline and travel agency will need to make other travel arrangements as the company will be unable to continue operating. An announcement on the XL Website cited rising fuel costs and a slowing economy as reasons for the financial collapse. XL Airways officials announced that all scheduled flights have been canceled and the company's aircraft will be unable to operate. TUI Travel Plc, a rival tour company based in Europe, announced that the firm will try to assist stranded travelers with making alternate travel plans.
Friday, September 5, 2008
Amigo adds 5 more states!
That's right, now residents of Alaska, Oklahoma, New Mexico, Delaware, and Oregon can enjoy the low low rates and fantastic benefits of the AMIGO Short Term Plan, Including:
*EZ Decline question*EZ Major illness question*GENEROUS weight maximums
*OK issue for high blood pressure or cholesterol*OK issue for Mental or Nervous disorders
*$50 Urgent care visits, not subject to deductible
*Bilingual customer support
*Very competitive rates, and a 2 Million Dollar policy maximum from an A+ rated carrier
*NO PROOF OF CITIZENSHIP REQUIRED!
When you apply online for the Amigo Short Term Plan, just request electronic issue and you can download and print out your policy and Id card instantly.
FIELD ISSUE* Short-Term :Our “AMIGO” 6 or 12 month short term major medical Plan!
TOP rated A+ (Superior) Company – GREAT Administration.
* When applying online just request everything to be done electronically and you can download for your client the “welcome letter”; payment receipt; ID card & the actual policy.
Yes, right there on the spot – Instant issue from your computer!
Your Friend in Short Term Health Insurance~ That's why we call it The AMIGO!
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