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NAAIP Admin

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  1. Question: on www.naaip.org/allianz-life you wrote about 145 percent participation uncapped.. what does that mean. Answer: Allianz offers a few different uncapped strategies with participation rates. Currently they offer a at least two uncapped strategies with 160% participation rates. So, if the index returns 10%, with a 160% par rate, the client would earn 16%. Uncapped means there is no cap placed on the client’s earning potential. Makes sense?
  2. Question: 1. I would like to start selling Annuities and would like to start by selling myself my Annuity where I would like to start with 50K in an index annuity for highest potential return. I was born in 1979. Answer: I am happy to provide some growth annuities for you, but you will get considerably more bang for your buck by dropping the 50K into an IUL or whole life policy. Would you like to see both or just stick with the annuity? Please advise. Attached please find Allianz’s IUL using their premium deposit account so you can single pay the policy without creating a MEC (Modified Endowment Contract). It is essentially an internal side fund that earns interest and pays the premiums into the policy on an annual basis. We assumed a crediting rate of 6.9% and a blend of the three indicies that have performed the best over the last 20 years. For the annuity, we used DE Life’s Retirement Stages 7. It’s a good product for accumulation and offers a return of premium rider in the event you need your money back during the 7 year contract period. We used the S&P annual point to point with a 5.80% cap. There are other options, but lately clients want the S&P. American Equity offers a good growth annuity, the Choice 10 with no income rider using the S&P with a 54% participation rate. You are 1 year too young for the Athene Agility. Integrity offers the Indextra line of products that include a 3 year Goldman Sachs index. All of these are good choices. However, annuities are tax deferred, life insurance policy loans are tax free. Allianz offers several uncapped strategies with high participation rates. Your money also buys a nice death benefit should your heirs ever need it and it has chronic illness rider. If LTC is important, we could look at John Hancock’s new Accumulation IUL that should look similar to this, but with a true LTC rider. In my opinion, there is nothing wrong with buying an annuity at your age and rolling it into new products at the end of the contract periods and eventually adding an income rider when the time is right. However, at age 39, I am confident overfunding life insurance is a better call. As a side note, the commission on this life design is almost double that of the annuity. I hope you find this helpful. Please let me know if you have any questions or concerns.
  3. Question: - I am looking for a first to die term policy for my client? Answer: www.naaip.org/assurity-life offers a 1st to die whole life product, but not term. https://www.naaip.org/protective-life offers a second to die term product, but they do not offer a first to die rider. I am not aware of any carriers that offer a 1st to die/joint term product.
  4. To start, log into NameCheap back office - make nameserver default if you are hosting elsewhere. Delete forwarding if that is an issue. Please follow these steps: 15:15Namecheap:- go to Domain List - choose the domain in question - click on Manage next to it; 15:15Namecheap:- move to Advanced DNS tab - Host Records; 15:16Namecheap:- click on Add New Record two times below the existing host records and choose the A record both times from the drop-down menu; 15:16Namecheap:- fill @ for Hostname and 23.111.70.25 for Value; 15:16Namecheap:- fill www for Hostname and 23.111.70.25 for Value; 15:16Namecheap:- click on the green checkmark next to it, to save changes; 15:17Nataly Leonova:- then delete the URL Redirect for @ Hostname and the CNAME record for www Hostname. Just click on the Trash icon next to each of them. 15:20Namecheap:It usually takes up to 30 minutes (in rare cases, up to 12 hours) for the newly-set records to be accepted globally. that would be step #2 then you would have to do do step # which is would be to edit NAAIP's back office - profile settings -. It should look like this in Namecheap.
  5. There is another round beginning on the last week of June and more stores could potentially show up on that list. I received an updated list of stores from this week as well, if someone wants stores in any counties just ask me I’ll get the available list sent right away. However there will also be another round of store selection which will be during the last week of June and stores that have been requested by other FMOs but not paid for will end up in that open pool. I believe all of these stores we requested for other agents are still available.
  6. You take a picture of a check addressed for $500 and send it in the mail. We need confirmation by Monday morning at the latest. You will be able to get half of it returned to you when you become ready to sell for three MA carriers with us. $250 will also be available to be refunded to you at the end of the program. Please send Josh the list of at least 4 stores that you want to work at - number in order of your want. We have until noon on Monday Jun 17th at Noon for this round of store selection then Round 3 will last until the 27th. Has to be paid by check or money order.
  7. Question: On a term policy, if someone dips is he considered a tobacco user for rating him or not? Answer: John Hancock, Prudential, and Lincoln Financial Group will consider STD NS JH is my favorite carrier - they only go up to 20 year term - not 30 year. but through us it is good compensation.
  8. All carriers pay the same for MA & PDP to the agent level producer, Med Supp can be different and #2 pays more. The details about how #1 pays Med Supp commission can be very confusing, Contact us if you need specifics. The #2 Med Supp commission in FL is 20% years 1-6 and 3% 7-10, then 2% 11+ and you are automatically advanced 9 months of it upfront.
  9. level 4 is the highest available level for direct producing #3 Carrier agents. There is only LOA and Level 4, we also provide incentives and co-op dollars to help you along the way since marketing dollars is the only way agents can be compensated more according to CMS rules(incentive details attached). There is another way to earn more as well, a value based enrollment(details attached) can earn you a service fee. If another FMO decides to pay a lesser amount than what Fair Market Value is then they would be contracting their agents as LOA and paying them a lesser amount-we would never do this. CMS dictates Fair Market Value, #3 Carrier continues to pay based off the current FMV unlike most carriers they will increase your commission annually as the FMV is raised. CMS recently announced FMV is being increased next year by about 6%, here is a nice chart explaining how much MA & PDP agent level commissions have increased the past few years: Agent FMV History: Year National CT, PA, DC CA, NJ PR PDP 2015 408/204 461/230 510/255 280/140 56/28 2016 429/215 483/242 536/268 294/147 63/32 2017 443/222 498/249 553/277 304/152 71/36 2018 455/228 511/256 567/284 312/156 72/36 2019 482/241 542/271 601/301 331/166 74/37 2020 510/255 574/287 636/318 350/175 78/39 We have not seen a carrier decide to pay less than current FMV for new business but most companies only pay renewals at the rate established for the year the business was written. By the way, #3 Carrier is switching to a new contracting platform after the 17th we will have more information they will re open their contracting as well as their certification so that agents can certify for 2020.
  10. I don’t think a business related debt would prevent you from obtaining your state resident license, you haven’t been found guilty of any crime. I found information about this and each state is different. Here is South Dakota’s law on this and according to this chart SD doesn’t run a credit check. They have a list of what would cause a refusal or suspension of someone’s license: https://www.naaip.org/state-requirements-background-checks-insurance-industry-1.pdf For your state of SD, I found this https://law.justia.com/codes/south-dakota/2015/title-58/chapter-30/section-58-30-167/ You can definitely represent companies even with bad credit history but some carriers can also be selective about their review process. You may end up getting declined by a few companies but there is definitely opportunity to do well even if a few companies decline your background. You can also appeal a decline and explain everything to the carrier if you receive a decline.
  11. Question: Is having bankruptcy and bad credit a no-go when it comes to getting an insurance license?
  12. https://www.naaip.org/nate - you can easily put on your own domain.
  13. If bad credit and want to work in Walmart. You can definitely represent companies even with bad credit history but some carriers can also be selective about their review process. You may end up getting declined by a few companies but there is definitely opportunity to do well even if a few companies decline your background. You can also appeal a decline and explain everything to the carrier if you receive a decline.
  14. Key Dates to Remember: Round 1 - Store lists released to FMOs 05/01/19 Round 1 — Store Selection for Round 1 Closes 05/16/19 Round 2 — Store Selection for Round 2 Begins 05/22/19 Memorial Day Holiday 05/27/19 Round 2 — Store Selection for Round 2 Closes 06/17/19 Round 3 — Store Selection for Round 3 Begins 06/24/19 Round 3 — Store Selection for Round 3 Closes 06/28/19 July 4°" Holiday 07/04/19 Agents RTS with 2 or more carriers 09/10/19 First Day in Store 10/07/19 AEP ends 12/07/19 Last Day in Store 12/13/19 https://www.naaip.org/walmart-program-agent-detail-2020-1.pdf https://www.naaip.org/walmart-medicare-selling-1.pdf
  15. If we have a confirmation that a store has been obtained for you which will come at the end of this week then we will need a check for $500. You can be refunded $250 soon after you become ready to sell with 3 MA carriers through us. At the end of the program the other $250 will be refunded to you after you participate in the program as agreed which is to clock in for minimum of 20 hours per week at Walmart.
  16. Dear Agent, I am excited about the helping agents earn a good livelihood by setting up a table at a Walmart and selling Medicare plans during AEP. The first step would be to be contracted with UHC, Humana and SilverScript. When that is done successfully I would have you contract with Aetna/Coventry. Three Medicare Advantage contracts will get the price of the table down to $250. More details on Walmart retail is listed on the forum link below. https://www.naaip.org/community/topic/69-naaip-newsletter-4-18-2019-walmart-retail-medicare-program/ I personally am being swamped getting agents set up at Walmart. I need your cooperation. We still need more agents and there is time. But we need to move fast. It should be noted that NAAIP's special offer on Medicare gifts agents 1,000 free mailers for every 5 Medicare sales. We really want you! My assistant Joshua is the point of contact to set up your Walmart Store and the Medicare mailer program. I have sent you a AgentXcelerator link to contracting with UHC and others. Please search your emails for "NAAIP/AgentXcelerator eContracting for: UHC". The link to contract via AgentXcelerator will be on that email. Over 2,500 Walmart stores are available. Click here for the list. Same Walmart List that is Hosted on NAAIP's Servers I hold a six day per week conference call. All next week, including tomorrow at Sunday at 2pm ET I will be talking up getting agents set up at Walmart.
  17. Humana’s 2020 cert comes out June 25th, UHC’s is July 1st and Aetna is typically the first to come out with the new 2020 certification. If you wait then you will be able to sell for the rest of the year and next year with one certification and you won’t have to recertify until after the same time the following year. Aetna is transitioning to a new contracting system and they will cancel all contracts for agents who haven’t certified so we will get you that info about what you need to do when it happens.
  18. You may have read Friday's email blast which is archived on our forum. https://www.naaip.org/community/topic/72-naaip-newsletter-5-10-2019-advertisements/ The changes will be that monthly charge to hide ads will be lowered to $9.99 per month. You still get a free month for selling/referring to NAAIP. Every sale or referral sale/payment credits you a month. As well, at the daily conference call (6 days per week) I will give out the Promo Code to make the first month either $0.99 or $4.99. I need agents to help us in this project. Top quality programming, design and hosting costs money. Recently, I discovered that GoDaddy charges $18 per year for domain registration after the first year's 99 cent promo code. I highly recommend that you transfer your domain to CloudFlare which will do similar at the wholesale price of $8.03 per year. If you own multiple domains or intend on keeping your domain for a long time then it is definitely worth the few minutes it takes to transfer. The ads that appear on your site may not be visible to you because you are viewing an old version of the site. Clear the "cache." In Chrome: Control+Shift+Delete. Sell one of 100 carriers at the Highest Commissions in the Industry! Don't Pay - Sell at the Highest Compensation! Your site {$link_url} should be on a domain name that you own! Talk to me and we will get this done. Thank you for giving me the opportunity to help you earn more money
  19. Hello {$name}, My programmers are having a party. NAAIP has created a website builder for insurance agents that is far superior to anything anywhere. Quite a few agents contract and sell through us and enjoy guaranteed highest commissions. The 125 FEX Club, The 123 Term Life Club, The IUL Club. Sadly, not enough sales are coming in to pay our bills. Here's the plan. After 1,000 hits (I have decided to lower this to 25 hits), advertisements will appear on your website. I really don't want your money. The fact is that each additional user does not cost NAAIP extra expenses. It is a computer program, doggonit. Anyways, Click Ads/Sales List/Paypal in your NAAIP back office. It will be on the left side buttons, towards the bottom, right above "Invite a Friend." After 25 hits ads will appear on your site. Input your paypal/credit/debit card, or sale information to remove ads. Sales made with NAAIP upline will credit you for a free month. We will gladly revert the charges. Referred agents are appreciated. Every sale or payment by a referred agent will get you a free month. If you pay NAAIP and make a sale or referral sale later, I will revert the charges or send you cash via PayPal. Example: You are over 1,000 hits (I have decided to lower this to 25 hits) and pay $9.99 per month for 3 years. Suddenly, You make 36 Medicare, annuity, life, dental, health or anything sales. I will send you back the cash you have paid. I don't want to lose even one agent - I will be super generous - At our daily conference call I will tell you the Promo Code that will have the payment be $0.99 per month for the first month, instead of the normal $9.99. If you are super unsuccessful in this business, I can be even more generous, send me an sms or email and explain to me why $9.99 is too much for you. Sell one of 100 carriers at the Highest Commissions in the Industry! Don't Pay - Sell at the Highest Compensation! Your site {$link_url} should be on a domain name that you own! Talk to me and we will get this done. Thank you for giving me the opportunity to help you earn more money https://www.naaip.org/buy-domain Scroll down and you will see step one and two and a 3 minute video. Watch it. If you still cannot figure out just send me your user name and PW from GoDaddy. I am only only allowed to go in your registration (i.e. GoDaddy) back office if you have hidden the adverts on your NAAIP site that appear after 25 hits. Either by selling, paying or referring. We can discuss on daily conference call.
  20. Humana - It’s already that time of year to start preparing for AEP 2020 and Humana is here to help. We are excited to announce that we will be launching certification and recertification courses earlier than ever before this year! Both courses will launch at noon Eastern Time on June 25, 2019.
  21. for agent that contracted thru Other Upline with #1 but did not certify? He can fill out a new contract through us. He needs to write a letter that he wants to us to be his NMA instead of Other and sign it then send it to us. We can process the contract and submit the letter at the same time. He needs to wait until we confirm that the change has been made before certifying. If he certifies then the contract will stay with other for a while unless he gets released or makes that request and waits. fo follow up question: When you say write a letter and sign it. Can it be done by email with typed signature? Answer: I believe an e-mail can be accepted. We usually ask agents to apply a wet signature to a letter.
  22. Good morning Agent that has no MA plans in your county, Since there are no MA carriers participating in the Walmart program available in your county you would be eligible for the $250 discount if you have three PDP carriers who also offer MA through us such as Aetna, Humana & UnitedHealthcare. We will have the confirmed list of 2020 AEP Direct Health participating carriers soon and there will be more details available at that point in time too. You can sell Medicare Supplements while in the store. Please call me at your earliest convenience as there are details I would like to discuss with you concerning the Med Supps available in your area.
  23. They confirmed the date for round 2 store selection is still beginning on May 22nd but the payment deadline is in June and not September like before.
  24. Hello {$name}, Subject Line: Join the Walmart Retail Program with NAAIP The Walmart Retail Program is returning for AEP 2020. The program allows NAAIP agents to reserve a Walmart store during AEP. Agents have the opportunity to interact with Walmart shoppers, answer their questions, and enroll them in Medicare plans. Stores Must Be Reserved Agent reservation is exclusive; no other agents will be allowed a presence in that Walmart. The sooner you apply for a store the better your chances of reserving it. For AEP 2020 there are more than 2,500 unclaimed stores. Must be contracted through NAAIP with at least two Medicare Advantage carriers who offer plans in the store area. Must complete Medicare certifications for AHIP and your Medicare Advantage carriers by September 10, 2019. Agent must be in store three days per week for a total of 20 hours per week between October 7 and December 13. This can be divided between multiple agents. $250 application fee per store. Agents can can be credited to cover this cost. You Must Apply and Submit their Store Selection with NAAIP by May 17, 2019 Available Stores Click to find stores in your area. May 1 to 16 - Round 1 of Store Selection For returning agents only. Renewals for agents who had stores the previous year. May 17 - NAAIP Deadline for Store Selection Agents must submit their store selection to NAAIP by May 17. May 22 to June 17 - Round 2 of Store Selection Open to any agent. Agents can apply for stores whether or not they had the store the previous year. June 24 to 28 - Round 3 of Store Selection Open to any agent. Agents can apply for stores whether or not they had the store the previous year. September 1 - Payment Deadline Deadline for agents to submit $250/store application fee. September 10 - Certification Deadline Agent must have completed Medicare certifications for AHIP and at least two carriers who offer Medicare Advantage policies in the area. October 7 to December 13 - Agent Present in the Store Agent must be in store three days per week for a total of 20 hours per week. This can be divided between multiple agents. Your site {$link_url} should be on a domain name that you own! Talk to me and we will get this done. Thank you for giving me the opportunity to help you earn more money. posted April 23 Walmart Round 2 SNEAK PEEK has been released so you can begin marketing. Attached are last year’s participating carriers and key details, keep in mind these are from last year, things CAN change but probably not by much. See below email as well. · For agents interested, please get at least 3 desired requests for better chances of getting a store. I will request all in hopes to get at least one, we could get all and give back what they don’t want. · First come first serve, so send me your agents requests as you receive them. · For those that make requests prior to Round 2 being released, they will need to send the deposit as soon as we have confirmation of the store, approximately 5/24/19. Copy of the check prior to mailing is required as proof of mailing. · Agents making requests DURING Round 2 will also need to send deposits as soon as the store is confirmed. Stores are generally confirmed day after the request is made. Copy of the check prior to mailing is required as proof of mailing. · FULL $500 will be due if they do not have 3 Active MA carriers with us. If they reach 3 carriers with us by program start, 10/7/19, they will be eligible for the $250 discount. · If check has not been received and no proof before Round 2 closes, store will be dropped.
  25. Walmart Round 2 SNEAK PEEK has been released so you can begin marketing. Attached are last year’s participating carriers and key details, keep in mind these are from last year, things CAN change but probably not by much. See below email as well. · For agents interested, please get at least 3 desired requests for better chances of getting a store. I will request all in hopes to get at least one, we could get all and give back what they don’t want. · First come first serve, so send me your agents requests as you receive them. · For those that make requests prior to Round 2 being released, they will need to send the deposit as soon as we have confirmation of the store, approximately 5/24/19. Copy of the check prior to mailing is required as proof of mailing. · Agents making requests DURING Round 2 will also need to send deposits as soon as the store is confirmed. Stores are generally confirmed day after the request is made. Copy of the check prior to mailing is required as proof of mailing. · FULL $500 will be due if they do not have 3 Active MA carriers with us. If they reach 3 carriers with us by program start, 10/7/19, they will be eligible for the $250 discount. · If check has not been received and no proof before Round 2 closes, store will be dropped.
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