AIMC announced today that Aflac will cease sales of its Medicare Supplement. Below is an excerpt of an email we received this morning that states the following:
“In October 2012, Aflac and AIMC agreed to begin selling Medicare Supplement policies. After careful consideration of the results to date, Aflac has decided to discontinue Aflac Medicare Supplement sales.”
Here are the three most important things you need to know:
- Final applications will need to be submitted by 9/27/2013
- Pended business will follow normal business rules
- Commission agreements are vested
Now is the time for agents who have been selling Medicare Supplements to explore new carriers in their markets. There are many competitive products out there – contact us today to find out how this news affects you. Our number is 1-800-962-4693.