Eleven states, including Illinois, Iowa, Indiana, Louisiana, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, and Virginia will see the release of the new Forethought Medicare supplement product this fall from Forethought Financial Group. Forethought enters the Medicare supplement market at a very good time when millions of baby boomers are now turning 65 and becoming eligible for Medicare and related products, such as the Forethought Medicare Supplement (Medigap). These newly minted seniors are seeking Medigap products with competitive premiums, an excellent financial strength rating, and highly regarded customer service. Forethought is one of the few companies on the market that is consistently rated highly for each of the aforementioned traits.
Precision Senior Marketing (PSM), a full-service, national insurance marketing organization, is currently offering direct contracts to independent senior insurance agents who wish to add the Forethought Medigap product to their portfolios. PSM is proud to be an exclusive distributor of the Forethought Medicare supplement. PSM experienced remarkable success last year with the release of several new Medicare supplement products. Fast growing demand for these Medigap products exceeded the expectations of the new carriers in the market. This excessive demand required these companies to hire additional staff. PSM expects the Forethought Medicare supplement to generate the same level of demand and success upon its release.
Forethought is also offering a new final expense product in addition to offering a new Medicare supplement product. Agents can sign up consumers for both products in one application known as a “combo-app.” Independent senior insurance agents will notice this combo-app will simplify and speed-up the application process. The new Forethought final expense product offers superior features compared to competing final expense products – even Forethought’s older final expense product. Agents are encouraged to contact Precision Senior Marketing at 1-800-998-7715 or at info@psmbrokerage.com for more information about either product.
Forethought Financial Group has serviced more than 2 million policyholders since its humble beginnings in 1985. Forethought’s financial strength stems from the fact that it has over $4 billion in assets, more than $5.6 billion of life insurance and annuity business in force, and nearly $1 billion in annual revenue.
Despite these rough economic times, Forethought continues to grow and prosper unlike many of its competitors who are shrinking or stagnant. Forethought expects to expand its offering to other states, as the company is licensed to sell in 49 states, the District of Columbia, and Puerto Rico. Agents can check http://www.psmbrokerage.com for the latest Forethought Medicare supplement release information.
Learn more about the Forethought Medicare Supplement, and Forethought Medigap at Alex Stone’s website.