Washington National Insurance Company and National Independent Agencies have formed a strategic partnership in the State of Massachusetts that is sure to benefit major medical policyholders. NIA is now the preferred distribution channel for the Activecare Product Line and Washington Nationals Worksite Products. Agency availability will be exclusively managed through NIA. This strategic alliance heralds for the first time in many years that a leading National Carrier has launched a new supplemental product line in Massachusetts. Brokers and Agencies will also be beneficiaries since these products carry a significant top line commission rarely seen.
Washington National and NIA continue to work closely developing new products and training agents to grow the national awareness for supplemental benefits in the wake of increasing health care costs and the Affordable Care Act (ACA).
The “New Beginnings” critical illness plan from Mutual of Omaha promises to be a hot product Brokers will surely want to offer their clients. With simplified issue, knockout questions, nearly instant underwriting and the name Mutual of Omaha… this will be an immediate success. The Critical Illness Package is designed to be one of the most comprehensive programs in the marketplace today. Consumers will receive feature rich benefits with affordable premiums hence more protection for less. The celebrated name Mutual of Omaha is synonymous with quality and dependability. This product will be sold in all 50 states starting with Massachusetts September 1, 2015 with more states to follow.
Mutual of Omaha has chosen National Independent Agencies – NIA, as their exclusive distribution channel in Massachusetts and “Preferred Commissions” Nationally for NIA Affiliated Brokers and Agencies.
National Independent Agencies has been awarded an exclusive program with Comprehensive Dealer Services to broker contracts to automotive dealers selling every type and equipment of motor vehicles, motorcycles, recreational vehicles, off road sport vehicles and watercraft.
These Benefit Groups represent a majority of the US marketplace in this field. This industry can generate for a serious broker $4,000 to $50,000 per month in additional revenue by presenting these products to dealers who sell them to their clients when a new or used motor vehicle or craft is being sold. These products are backed by International Stop Loss carriers at the top of the industry.