Brokers Alliance Weblog

MGA & IMO Contracts

brokersalliance — Sat, 21 Mar 2009 02:53:30 +0000

Brokers Alliance offers MGA contracts and can assist current IMOs and aspiring IMOs with IMO contracts from many carriers, for Annuities and Life. If your company or you have a verifiable track record of sales and/or recruitment in your State or multi-State, please inquire.

Contact Mark D. Graham 7 days per week: 1-800-290-7226 x-120

Email: mark@brokersalliance.com

Forethought Income 125 State Availability

brokersalliance — Sat, 07 Feb 2009 00:10:22 +0000

The new Forethought Income 125 Fixed Indexed Annuity is becoming a very popular income annuity for us and we urge agents and advisors nationwide to consider working with us. States are being approved on a weekly basis and it is important to become appointed so you will be ready.

States that are currently approved (updated weekly):

Alaska, Alabama, Arkansas, Arizona, California, Colorado, D.C., Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, KY, Louisiana, Maine, Massachusetts, Michigan, Missouri, Nebraska, New Hampshire, New Jersey, N. Carolina, N. Dakota, Ohio, Oklahoma, PA, Rhode Island, S. Dakota, Tennessee, Texas, Vermont, Virginia, W. Virginia, Wisconsin, Wyoming

Contact Mark 7 days per week: 1-800-290-7226 x-120
Email: mark@brokersalliance.com

Brokers Alliance Introduces the Forethought Income 125 Fixed Indexed Annuity

brokersalliance — Wed, 14 Jan 2009 01:10:18 +0000

25% Bonus to Income Account Value – DOUBLE the Income Account Value in 10 Years!

When searching for the BEST Lifetime Income Benefit Annuity, look no further than Forethought’s Income 125. With a 25% Bonus, 5% Guaranteed Interest on the Income Account Value and a 5% Guaranteed Death Benefit Rider, there is NO competition.

Ø With a 25% Bonus on the Income Account Value, 5% Guaranteed Interest;

Ø Guaranteed to Grow by 5% for 10 years, compounded on 125% of premium. That is MORE THAN 30% Growth for Income Account Value in the first year**

Ø Optional 5% Guaranteed Death Benefit Rider***

Ø 10-Year Surrender

Ø NO Cost for Lifetime Income Benefit on the Forethought Income 125

Ø No Annuitization Required: Access with Control of Principal even after taking Income

Ø Full Contract Value upon Death

Ø Commissions: 8.0% Ages 0-75 – Step-ups for strong producers.

· Contact Mark D. Graham: 1-800-290-7226 x-120 7 days per week
Email: mark@brokersalliance.com * Bonus applied to Guaranteed Lifetime Income Account Value (GLIAV) – not available on Cash Surrender.
** 5% Guaranteed Interest on GLIAV for 10 yrs
*** 5% simple interest increase for 10 yrs

Multi-Year Guaranteed Annuities

brokersalliance — Sat, 15 Nov 2008 00:55:38 +0000

If you would like to increase your portfolio of services, as an Agent or Adviser, you can offer Multi-Year Guaranteed Annuities (MYGA), which compete very well with CDs and Money Markets. Many MYGAs beat the interest rates that CDs and Money Market provide and interest that MYGAs earn is tax-deferred. There are many customers that would be very interested to know about these short-term instruments.

Brokers Alliance has a grid showing the top MYGAs, first year interest, subsequent year interest rates, AM Best ratings and commissions.

Most MYGAs at the end of their terms, have a 30-day window in which the customer decides whether to sign for another term, or to completely cash out.

If you are an Agent or Adviser and if you have interest in possibly offering MYGAs, please send an email to Mark at Brokers Alliance with a brief bio.

Mark D. Graham: mark@brokersalliance.com

Annuity Marketing

brokersalliance — Wed, 29 Oct 2008 16:12:35 +0000

We try to make it easier for the Agent and Adviser by providing comparison searches for SPIAs and illustrations for the top three with the highest ratings and also illustrations for growth and income annuities. This is a complementary service for our agents and advisors. These illustrations have the Agent’s/Adviser’s name on it as prepared by and has the Client’s name as prepared for. This is very professional and shows the client that you have his/her best interest.

If you would like to see an example comparison for a SPIA search or illustration for a growth and income annuity, please contact Mark at any time with the following information:

1. Name of Client (generic name is fine):

2. State Client resides in:

3. Gender of Main Client:

4. Date of Birth of Client (and numerical age):

5. Date of Birth of Client’s Spouse (if Spouse) (and numerical age):

6. Married or Single:

7. If married, is Client interested in a Joint Survivorship (100%)?

8. Is Client wanting Growth; Or, does the Client require immediate funds; Or, does Client request both (split)?

9. Total Amount Client is considering for deposit – $

10. Are funds Qualified or Non-Qualified?

11. If the deposit is split, what amount will go toward immediate income (SPIA)? $ What amount will go toward Growth? $

12. If SPIA, when does Client request payments to begin – 30 days, 60 days, 90 days, etc.?

13. Does the Client have interest in Wealth Transfer? In other words, a portion of funds can be placed into a UL policy (single premium) where there will be a guaranteed interest rate for Cash Value (best current rate is 4.5%). The Client may take out loans on Cash Value or withdraw. Death Benefit is tax-free for beneficiaries, as opposed to the Death Benefit being taxed as ordinary income with an annuity:

Notes (This area can be used for any additional information):

Please send inquiries to Mark, anytime: mark@brokersalliance.com

Insurance Agent Forum

brokersalliance — Thu, 11 Sep 2008 14:42:27 +0000

I have been privileged to be a member of Insurance Forum for a while now, which happens to be the best and most comprehensive internet resource for new and experienced insurance agents and advisors to share and learn and also make valuable friends.

You are cordially invited to visit, register and be a part of this forum. Just click on the link below. There is also a link to the top right – Insurance Forums 2008.

Insurance Agent Forums

Custom Annuity Illustration Services for Agents

brokersalliance — Fri, 29 Aug 2008 01:45:10 +0000

Agents and Advisors, if you are working on any type of annuity quote, whether it is for Growth and Income, a SPIA quote and comparison or Universal Life, let me develop an illustration(s) for your client(s) to consider. If the client is interested, we can get you appointed at the same time you send in the application. Just send me generic information (no names if you like). Please inquire 7 days per week: mark@brokersalliance.com

Complete Annuity Case Management

brokersalliance — Sun, 24 Aug 2008 15:26:47 +0000

Brokers Alliance provides complete Annuity Case Management, where we scrub all applications for Agents, then send to the right people at the carrier. Our Case Managers are in close contact with the carrier to make sure that the process is completed in a timely manner. Should information be required, our Case Managers will inform the Agent so that any and all issues can be resolved quickly.

Contact Mr. Mark D. Graham for immediate assistance on how to get appointed with our best-selling annuity: mark@brokersalliance.com

Brokers Alliance Announces Revenue Solutions for Real Estate and Mortgage Professionals, Nationwide

brokersalliance — Wed, 30 Jul 2008 23:19:18 +0000

Many Real Estate and Mortgage companies and professionals are seeking new and innovative ways to diversify their services in order to increase revenue that may have been lost due to the housing crisis. Brokers Alliance offers large and small Real Estate companies and Mortgage professionals solutions that they can seriously consider. Some require an insurance license, but Life Settlements do not require a license, currently (see #3 below). Based on our past and current experience of working with these professionals, we can offer products that can quickly add revenue to the bottom line. These products are listed below:

1. Instant Issue Life Insurance (for insurance licensed agencies/agents) – This particular product is an Instant Issue, non-med Term Life product up to $300,000 that takes approximately 20 to 30 minutes over the phone with electronic signature and pays commissions every Friday, by an A-Rated carrier. The pricing is very reasonable and comparable to prices by other leading carriers that take up to 2 months of underwriting. “Non-med” means that there are no medical exams. Underwriting takes from 48 to 72 hours. For agencies, Brokers Alliance offers a 115% contract if the agency signs several agents underneath it. For individuals, a 98% contract to start.

2. Fixed Indexed Annuities (for insurance licensed agencies/agents) - Our leading annuity provides the annuitant a 15% immediate initial bonus to the principal, guaranteed 5% interest annual income the annuitant can systematically withdraw for as long as the annuitant lives. Activate at any time after age 59½ (and after the first contract year). Contract Value continues to receive positive indexed interest gains even after electing to begin the Guaranteed Lifetime Income Benefit. Income Account Value - Guaranteed to be at least 115% of the premium, less prior withdrawals, accumulated at 5% interest on the date the benefit is exercised. Opportunity to receive annual indexed interest gains based on change in the S&P 500 Index®. 100% Participation with no annual caps and no annual fees, all guaranteed for 5 years. This means the annuity will equal more than 187% of Premium in 10 years (if not touched) as a Worse Case Scenario. The commissions are 9% to age 75 and 7.5% from age 76 to 85.

Brokers Alliance is now recruiting licensed insurance agents and agencies in the following States to offer annuities to their portfolio of qualified customers and future customers:

Alabama, Arkansas, California, Colorado, DC, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Michigan, Missouri, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, West Virginia, Wisconsin, Wyoming.

3. Full Disclosure Life Settlements Services for non-licensed and licensed insurance agents – This service is for minimum age 65 prospective customers that own certain Life Insurance policies (that qualify), that the owner does not really need, or the policy is about to lapse. Many people whom own Life policies, have no idea that the policies may be worth cash money that they could use for any purpose. Brokers Alliance differentiates from many Life Settlements companies, by offering one of the only services that provides 100% Full Disclosure to clients at all times and to the agents at all times. 100% Full Disclosure means that no commissions or money can be skimmed off the top without the customer or agent knowing about it. All procedures, steps, offers, commissions and progress are constantly disclosed to customer and agent. Commissions can range from 3% to 4% and higher of the face value.

Interested Real Estate and Mortgage companies (large and small) and professionals may inquire via the contact information, as follows:

Contact Procedures: For these opportunities, please contact the National Business Development Manager, Mark D. Graham, initially via email at: mark@brokersalliance.com Weekend inquiries welcome.

Privacy: Any information from inquiries is strictly private and will remain private, whether business is conducted or not. Also, you will not be placed on any email list.

The Elite Producer Program

brokersalliance — Mon, 14 Jul 2008 01:12:26 +0000

For Experienced Agents

Insurance carriers today contract with agencies known throughout the industry as Broker General Agencies. These agencies function as the marketing arm of the carrier’s products. In addition to this, they are required to provide standard services to their agents including Sales Materials, Sales Support, Pre-Screening underwriting, contracting, and applications and Coordinating the sales process from start to finish.

All of these functions provided, in essence, are paid through an override commission by the carrier. In addition to the override, carriers provide bonus incentives based on the premium volume and in some cases paid and submitted business ratios.

As a member of The Elite Producer Program, you will share in the overrides and bonuses paid to Brokers Alliance, without sacrificing service, in return for a nominal fee and minimum premium requirements. Being part of The Elite Producer Program will:

Increase Your revenue
Reduce Your Cost of Doing Business
Save You Time

Would you like to earn $125,000 from $100,000 of target premium? This is possible through our Elite Producer Program!

Links to The Elite Producer are on the top right of this page. Or, use the following link to go directly to The Elite Producer website: The Elite Producer

Health Insurance Agencies Increase Revenue

brokersalliance — Sun, 13 Jul 2008 23:59:11 +0000

If you have a Health Insurance agency, we would like the opportunity to assist your company increase revenue with an Instant Issue Term Life product, that is designed to compliment your core products.

We realize that you are able to offer Life Insurance in the sales process through your Health Insurance carriers. However, in our opinion, it is limited and they do not provide the customer detailed information. Your company is also missing out on maximizing your profit potential. Our marketing suggestion is for you to offer an Instant Issue Term Life Insurance policy that does not require a medical exam (non-med). It also utilizes an electronic signature. The application process is quick, 100% online after the agent logs in and completes in approximately 20 to 35 minutes, maximum. The carrier is A-Rated and is the most innovative carrier offering Instant Issue. Life Insurance is higher risk than Health Insurance, so this Instant Issue is really for healthy individuals and is up to $300,000. Soon, it will be up to $500,000. High blood pressure and high cholesterol are ok if it is controlled, or if the person is not on anymore than 1 medication. Pricing is typically significantly higher for Instant Issues. However, with this carrier, it is often lower than fully underwritten carrier policies that take up to 2 months for underwriting.

Brokers Alliance is the #1 Broker for this carrier and we are able to offer you top contracts of 115% to 125%, dependent upon current volume and/or potential. If you started at 115%, you will have the opportunity to move to 125% within a short period. Underwriting for this product takes from 48 to 72 hours, maximum. The advance is 75% and paid every Friday. This means quick money for your agency and agents. We also provide marketing suggestions such as exit scripts. You could also add a link for Life Insurance section and quotes on your homepage. Our marketing and initial training has helped generate sales ratios well-above the rest. The average policies that are issued and paid through this carrier are ~70%. Because of our training and marketing suggestions, our partners enjoy an 84% issue rate, and out of that, 90% go paid.

If you would like to explore this opportunity, please contact Mark D. Graham: mark@brokersalliance.com 7 days per week for immediate assistance.

Agents & Financial Advisory Firms Increase Revenue w/ Full Disclosure Life Settlements Exchange Platform

brokersalliance — Sat, 28 Jun 2008 14:48:00 +0000

This is to announce that Brokers Alliance, Inc. now provides complete turn-key setup and implementation services for experienced Insurance Agents and Financial Advisory and Wealth Management Firms, nationwide, that wish to diversify by adding Full Disclosure/Full Transparency Life Settlements to their product portfolio to increase revenue. Brokers Alliance firmly believes that it is essential for today’s successful insurance professionals/advisors to adapt their practice to facilitate skillful life settlement transactions. In this respect, Brokers Alliance is strategically positioned to provide producers with a comprehensive business platform that will act as the catalyst for their growth in this secondary market. Full Disclosure is explained below.

Brokers Alliance provides this service for experienced Insurance Agents and Financial Advisory Firms

 We guarantee Full Transparency and that we will create the highest demand for your client’s Life policy in the marketplace. How do we do this? We provide complete access to the marketplace and have relationships with every institutional funding source in the USA and abroad. In other words, the world. Every time a policy is brought to us, we access all of our funding sources (up to 41), to create the highest level of demand.

 Full Disclosure: Everything is disclosed to the Life policy owner and agent. The complete (gross) offer from the funder is disclosed to the Life policy owner and agent. The Life policy owner is paid directly from the Funder, whether it is a Bank or an Insurance Company. In other words, no money can ever be skimmed off the top by any brokers. This is the proper and ethical way to do business. We only do business by ethical compliance. Full Disclosure is very important, even though this industry is not regulated. When and if this industry does become regulated, you will be safe with us. If you are with a company that does not provide full disclosure to the client and to you, then you will have to find a company like us to work with.

 Brokers Alliance differentiates from other Life Settlement companies, as a Partner with the Settlement Exchange and by providing Full Disclosure to the client and agent. Whereas, most “Life Settlement” operations you see on the internet, no matter how sophisticated, are brokers who work with selected funders that do not provide Full Disclosure. Without Full Disclosure, the client and the agent have no way of verifying that they are being treated fairly.

Turn-Key Life Settlements Exchange Platform – Setup and Implementation

Brokers Alliance provides the following features:

• Brokers Alliance is the state-of-the-art Settlement Exchange Founding Member

• Industry Leading Education and Compliance Education

• Access to all of the market’s institutional funding sources (U.S. and Abroad)

• Transparent Negotiations (Bidding and Commissions)

• Market Expertise/Case Strategy

• Case Management Solutions

• Cutting-Edge Systems

• Single Point of Access to Leverage Life Insurance and Life Settlement Sales

• Industry Representation

• Industry Training/Sales Development

• Case Qualification

• Case Processing

• Ordering of APS’s/LE’s

• CE Credits

Compliance

• Brokers Alliance is a steadfast supporter of industry regulation, and we recognize that it is very difficult for our Marketing Centers to remain current with the rapid changes in this marketplace. As a result, we are committed to providing industry updates on compliance, trends, and breaking news to our Marketing Centers.

Company Contact Information: Brokers Alliance, Inc. For immediate detailed information, please contact MD Graham at: mark@brokersalliance.com

Welcome

brokersalliance — Mon, 23 Jun 2008 16:33:24 +0000

Welcome to our blog. Brokers Alliance is a Life and Annuity Marketing Organization that partners with IMOs, FMOs, MGAs, GAs, small, large and starting Agencies, Brokers and Broker-Dealers, that have an interest in diversifying with Annuities and/or Life and/or Life Settlements; have a need for a Professional Marketing Team and Case Management to support all agents; and, that have interest in more competitive contracts to increase their margins.

Our Program enables you to maximize earnings on every sale without sacrificing service. In fact, you will find an overall improvement in service, benefits and earnings.

Please send an email to: mark@brokersalliance.com for initial communication. Weekend and Holiday inquiries welcome and encouraged.

If you visit our website, please make sure you tell them you saw our blog. We just want to know that it is working.

Thank you

New Agencies – Complete Product Set-up

brokersalliance — Thu, 08 May 2008 00:47:37 +0000

If you are just starting to put together your agency and need products and you need generous commission structures and guidance, we would like to help you. We can assist you with Life and Mortgage Protection, Annuities, Life Settlements, Buy/Sell products.

Please feel free to email 7 days per week for immediate assistance: mark@brokersalliance.com

If you visit our website, please make sure you tell them you saw our blog. We just want to know that it is working. Thanks.

Instant Issue Non-Med to $300K and Mortgage Term to $500K Product for Agencies & Brokers

brokersalliance — Wed, 16 Apr 2008 01:23:09 +0000

We are a leading FMO. Our purpose is to form business alliances with small, large and starting Agencies and Agents, nationwide. One of our products that is emphasized here, is an Instant Issue Term Life policy to $300,000 and Mortgage Protection to $500,000 policy.

Agencies and agents are paid every Friday. Application is taken over the phone on carrier’s website, non-med, electronic signature, approval is within 48 to 72 hours.

For smaller agencies and agents with volume less than $250,000, your starting commission is 98% with the opportunity to move up.

For agencies and agents whose volume is approximately $250,000 minimum, your starting commission is 115% with the opportunity to move up.

For agencies and agents whose volume is $600,000 minimum, your starting commission is 125%.

Please send an email to: mark@brokersalliance.com for initial communication. Weekend and Holiday inquiries welcome and encouraged. If you visit our website, please mention that you saw our blog. Thank you.