Simplifying Insurance

Transcription

1 Simplifying Insurance

2 About Us Coverage41.com is a subsidiary of (Kat)al+yst Group, LLC our marke ng, so ware and agency capital division. Offering insurance solu ons to individuals and families throughout the United States; Coverage41.com delivers products through an MGA/FMO selling pla orm. At Coverage41.com we provide the funding and turnkey marke ng solu ons to take your insurance produc on to the top 1% in the industry. Our proprietary marke ng and technology pla orm enables agents to leverage top er commissions to fully or par ally subsidize marke ng costs delivered on a revenue share basis in exchange for produc on. This equals a return on investment opportunity unmatched in the industry. When partnering with Coverage41.com, we ll provide the volume of quality prospects you need to accomplish your income goals and the technology to easily manage your daily ac vity. Stop gambling your marke ng dollars on programs that produce li le to no results. Coverage41.com has a program that works and provides the best way to find new prospects and grow your business! How our program works Step 1: Prospect searches the web for Insurance Quotes Step 4: A er we have confirmed the prospects informa on we live transfer the call to you to complete the sale! Step 3: A Coverage41 representa ve contacts the prospect on your behalf to confirm their quote request and eligibility Step 2: Prospect submits their informa on through our website

3 ProducerPath Sales Automa on So ware Lead Qualifica on by Live Transfer Each day our Marke ng Team will scrub leads on your behalf to uncover the prospects that are serious about purchasing and then live transfer them to your phone. Spend your me doing what you do best Closing new business! Daily Territory Monitoring We monitor conversion rates on a daily basis by state to make sure you are only selling in the most profitable markets. Phone and Sales So ware Integra on Full click to call integra on. Never manually dial another phone! Result Call Automa on A er each call you simply tell our system what day and me you would like to ini ate your next call and when that day arrives the so ware will automa cally prompt the callback. Never miss another scheduled appointment! Call Recording Lets face it, the more you sell the greater your chance of facing that dreaded unhappy client. Rest assured, our system records every call and stores a digital copy should you ever need it. Triggers Along with a full catalogue of prebuilt proposal templates, our system will automa cally send s out on your behalf based on the result of each call. No more need to manually type s! Alerts Each is sent with a series of embedded code that alerts you when the prospect has opened your . Imagine having the ability to follow up with your prospect at the exact moment they are reviewing your proposal!

4 Sponsored Agent Contract As a Sponsored Agent you received a generous base pay without the downside of unpredictable chargebacks; unlimited phone verified prospects provided to you at no charge; access to a single system for prospect and client management; a repor ng system that keeps you up to date on all pending, submi ed and approved business; and the support of an underwri ng and case management team that handles all of your ongoing client support for you! Compensa on Coverage41.com Sponsored Agents receive guaranteed weekly base compensa on in exchange for ac vity at a pay rate of up to $ per transfer based on their closing percentage! Premium Score is calculated by dividing the total produc on points earned within a given period by the number of new prospects received. Premium Score Pay Per Transfer Premium Score Pay Per Transfer $ $ $ $ $ ,000 1,249 $ $ ,250 1,499 $ $ ,500 1,749 $ $ ,750+ $ Sale Example 1 Major Medical Cancer, Heart & Stroke Accident Dental Total Monthly Premium Sale Example 2 Health Access Cancer, Heart & Stroke Accident Dental Total Monthly Premium Sponsored Agent Produc on Points Per Sale Sale Example 1 Sale Example 2 Medical / Health Access 1,234 (4.8x) 1,668 (11.04x) Cancer, Heart & Stroke 1,012 (24.48x) 1,012 (24.48x) Accident 588 (23.52x) 588 (23.52x) Dental 517 (22.08x) 517 (22.08x) Total Points 3,351 (9.66x) 3,785 (15.72x) Net Income from Sales 30 Sales Per Month $5,813 (670 PS) $6,938 (757 PS) 150 Phone Verified Prospects Monthly No Charge No Charge ProducerPath So ware with Live Connect ($340) ($340) Total Income $5,473 $6,598 Annualized Income Total $65,676 $79,176 Annualized Premium Produc on 1,498,046 1,040,256

5 Sponsored Agent Compensa on (con nued) Numbers illustrated below assume net income a er all marke ng expenses. These numbers are low averages and therefore assume no addi onal sales generated from cross selling or referrals.

6 Wri ng Agent Contract As a Wri ng Agent, you receive the same great benefits of unlimited phone verified prospects provided to you at no charge; access to a single system for prospect and client management; a repor ng system that keeps you up to date on all pending, submi ed and approved business; and the support of an underwri ng and case management team that handles all of your ongoing client support for you! Wri ng Agents receive compensa on based on a percentage of issued premium paid directly by the carrier plus residual commissions! Compensa on The examples below detail the compensa on a Wri ng Agent can expect. These numbers are based from historical averages and therefore provide a real example of your income poten al with Coverage41.com. Our average prospect is 39 years old with only 14% of those prospects including a spouse. In addi on 15% of our prospects have one child, 7% have two children, 2% have three children, 1% have four children and 1% have five or more children. Our average premium per sale is as follows. Sale Example 1 Major Medical Cancer, Heart & Stroke Accident Dental Total Monthly Premium Sale Example 2 Health Access Cancer, Heart & Stroke Accident Dental Total Monthly Premium Wri ng Agent Gross Commission Per Sale Sale Example 1 Sale Example 2 Medical / Health Access $154 (5%) $181 (10%) Cancer, Heart & Stroke $114 (23%) $114 (23%) Accident $60 (20%) $60 (20%) Dental $51 (18%) $51 (18%) Total Commission $379 (8%) $406 (14%) Net Income from Sales 30 Sales Per Month $11,370 $12, Phone Verified Prospects Monthly No Charge No Charge ProducerPath So ware with Live Connect ($600) ($600) Total Income $10,770 $11,580 Annualized Income Total $129,240 $138,960 Annualized Premium Produc on 1,498,046 1,040,256

7 Wri ng Agent Compensa on (con nued) Numbers illustrated below assume net income a er all marke ng expenses. These numbers are low averages and therefore assume no addi onal sales generated from cross selling or referrals.

8 General Agent Contract As a General Agent, you receive transfers at a rate of $27.50 per prospect; access to a single system for prospect and client management; a repor ng system that keeps you up to date on all pending, submi ed and approved business; and the support of an underwri ng and case management team that handles all of your ongoing client support for you! General Agents receive compensa on based on a percentage of issued premium paid directly by the carrier, residual commissions and the ability to recruit and receive overrides on hierarchy produc on! Compensa on The examples below detail the compensa on a General Agent can expect. These numbers are based from historical averages and therefore provide a real example of your income poten al with Coverage41.com. Our average prospect is 39 years old with only 14% of those prospects including a spouse. In addi on 15% of our prospects have one child, 7% have two children, 2% have three children, 1% have four children and 1% have five or more children. Our average premium per sale is as follows. Sale Example 1 Major Medical Cancer, Heart & Stroke Accident Dental Total Monthly Premium Sale Example 2 Health Access Cancer, Heart & Stroke Accident Dental Total Monthly Premium General Agent Gross Commission Per Sale Sale Example 1 Sale Example 2 Medical / Health Access $ (10%) $ (20%) Cancer, Heart & Stroke $ (45%) $ (45%) Accident $89.96 (40%) $89.96 (40%) Dental $75.88 (35%) $75.88 (35%) Total Commission $ (18%) $ (28%) Net Income from Sales 30 Sales Per Month $22,499 $24, Phone Verified Prospects Monthly ($4,125) ($4,125) ProducerPath So ware with Live Connect ($600) ($600) Total Income $17,774 $19,397 Annualized Income Total $213,288 $232,764 Annualized Premium Produc on 1,498,046 1,040,256

9 General Agent Compensa on (con nued) Numbers illustrated below assume net income a er all marke ng expenses. These numbers are low averages and therefore assume no addi onal sales generated from cross selling or referrals.

10 Recruiter Compensa on & Point Schedule Recruiter Compensa on Whether through insurance renewals or forming your own agency, most individuals enter the insurance business for the opportunity to build passive income; where revenue arrives on a regular basis with li le effort needed to maintain it. At Coverage41.com we have the opportunity for you to accomplish just that! When you successfully recruit a new producer to Coverage41.com, we pay you 1% of the approved points submi ed within your hierarchy. The only requirement for this compensa on is that you con nue to be the producers direct point of contact for ongoing training and support. Our recrui ng model allows you to build that significant passive income, less all of the headaches associated with managing a block of business and/or your own agency. The illustra on above assumes each recruited producer accepts 150 transfers monthly with each producer within your hierarchy averaging a 500 Premium Score. Bonuses are paid monthly. Product Point Schedule Point Value How to Calculate Points Assurant Health Major Medical 4.80 Health Access Critical Illness Cancer, Heart & Stroke (CHS) Accident Accidental Medical Expense (AME) Dental Sale Example: 39 YR Single Male $ MTH of Health Access (1,358 PTS) $17.06 MTH of CHS (418 PTS) $22.90 MTH of Accident (539 PTS) $15.90 MTH Dental (351 PTS) $ Total Monthly Premium 2,665 Total Points Premium Score is calculated by dividing the total produc on points earned within a given period by the number of new prospects received. Producers may write with any carrier they wish however will only earn produc on points when wri ng the products above. (1 st Months Premium) x (Product Point Value) = Sale Premium Point Total (Premium Point Total) / (New Prospects Received Total) = Premium Score

11 Ge ng Started Profile Configura on Sponsored Agent Start Up Wri ng Agent Start Up General Agent Start Up ProducerPath Online Tutorials Included Included Included HTTP/XML Real Time Prospect Data Post Included Included Included ed Sale & Approval Notifications Included Included Included Proposal & Follow Up Automation Included Included Included Result Call Automation Included Included Included Next Best Call Routing Included Included Included Daily Activity & Production Reporting Included Included Included CounterPath Softphone System Included Included Included Click to Dial VOIP Call Integration Included Included Included Training Training with a 600+ Premium Score Producer Up to 8 hours included. Addi onal training me can be purchased in 5 hour blocks for $150 or 10 hour blocks for $250 Included Included Included Phone Verified Prospects Spend your time selling, not following up on leads! We will contact each prospect on your behalf to verify interest, determine purchasing me frame and budget over a recorded line. A QuoteTell representa ve will then forward only the serious prospects to your along with a copy of the recorded verifica on call. Our verifica on service brings the serious buyers to the front of the line so you can spend your me doing what you do best selling! Unlimited Unlimited 200 Included $5,500 Per 200 Ongoing Support Dedicated Success Partner Included Included Included Total Start Up Fee $775 20% down then 6 weekly installments of $ $775 20% down then 6 weekly installments of $ $6,275 10% down then 12 weekly installments of $ Ongoing Dues ProducerPath Licensing Fee Included Included Included Unlimited Live Transfer Prospects Included Included Included Access to Aged ( med out) Database Included Included Included Integrated Phone System with Unlimited Calling Included Included Included Enterprise Level Inbound/Outbound Call Recording Included Included Included Complete Underwri ng Case Management Included Included Included Total Weekly Dues $85 $150 $150

12 225 Michigan Avenue NW PO Box 3770 Grand Rapids, MI Phone: x2 Managing General Agency Lead Qualifica on & Live Transfer Sales Process Automa on Producer Back Office Coverage41.com is a subsidiary of (Kat)al+yst Group, LLC our marke ng, so ware and agency capital division. Offering insurance solu ons to individuals and families throughout the United States; Coverage41.com delivers products through an MGA/FMO selling pla orm. Simplifying Insurance At Coverage41.com we provide the funding and turnkey marke ng solu ons to take your insurance produc on to the top 1% in the industry. Our proprietary marke ng and technology pla orm enables agents to leverage top er commissions to fully subsidize marke ng costs delivered on a revenue share basis in exchange for produc on. This equals a return on investment opportunity unmatched in the business. When partnering with Coverage41.com we ll provide the volume of quality prospects you need to accomplish your income goals and the technology to easily manage your daily ac vity. Stop gambling your marke ng dollars on programs that produce li le to no results. Coverage41.com has a program that works and provides the best way to find new prospects and grow your business!