There is a new Medicare Supplement available in multiple markets from National Guardian Life Insurance Company (NGL).
NGL is headquartered in Madison, Wisconsin and their very first application was written in 1910. Their mission is to “partner with our customers to share life’s financial risks and rewards” and in doing so, they have joined with over 1.28 million policyholders. NGL had a 119% increase in the number of in-force policies over the past eight years, and a total of $732 million in sales for 2016.
NGL’s Medicare Supplement plans offer “Just in Time Appointments” for agents, and the average contracting turn-around time is just 24 to 48-hours. Their online contracting system is easy to navigate and offers agencies the opportunity to send their own contracting to downline agents to help manage their internal processes.
Commissions are paid daily and offer a 6, 9, or 12-month advancing option. Their e-application is extremely simple to use; e-signatures and voice signatures are accepted.
Agents will receive all underwriting decisions via email on all e-applications, reducing the turnaround time, and a dual-applicant paper application is also available for those wanting to write two individuals on the same application.
According to NGL’s Medicare Supplement Underwriting Guide, coverage will be considered for all applicants with well-controlled health conditions and they have a 2-year look back for cancer, heart attack, and stroke. NGL’s Medicare Supplement plans offer a 7% household discount and is available in Plan A, Plan F, Plan G, and Plan N options.
If you would like to add NGL’s Medicare Supplement to your portfolio, please click here to learn more about contracting, underwriting, and rates!
