Specialized Benefit Services (SBS) has accelerated into the marketplace offering a highly coveted product platform. This desirable product offering consists of Individual and Family Dental, Telemedicine, Vision Care, and Medical Cost-Share Programs. Each benefit has genuine worth to the consumer. The updated SBS platform is even more robust adding individual and group health plans, medically prescribed weight loss, personal health care benefits and much more. The SBS subscription plan is usually selected by the consumer more often than not, and carries a persistency rating in the mid-ninety percentile. A significant value for the consumer and broker.
National Independent Agencies has been selected as the exclusive distribution channel for SBS. The SBS benefit package www.sbsbenefits.com has been an immediate success since inception and continues to be a top seller. Since the plan is a high-volume item with a low price point, brokers typically bundle SBS with other ancillary products and/or Health Care Plans. The monthly residuals (Level & lifetime) has made SBS a broker favorite.
Among all the National and Regional Health Carriers, there is a new guy on the block, it’s called Medical Cost sharing. With health insurance premiums spiraling upward, consumers are under more and more pressure to find cost effective coverage that’s affordable. Nobody wants to pay more for less, yet that’s what’s happening in the insurance market today: Coverage is going down as cost is going up. Medical cost sharing programs are not technically insurance yet provide affordable and effective alternatives. Medical cost sharing is growing at a rapid pace, providing genuine solutions for Individuals and business. Aliera Companies and One-Share have chosen National Independent Agencies (NIA), as their distribution channel in Massachusetts and neighboring states.
National Independent Agencies has been awarded an exclusive program with Comprehensive Dealer Services www.cdsdealers.com to broker contracts to automotive dealers who sell warranties to cover 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 $5,000 to $10,000 per month in additional revenue by presenting these warranty products to dealers who sell them in turn to clients when a new or used motor vehicle or craft is being sold. These warranty products are Insured and backed by International Stop Loss carriers.