Symetra Sales Flash for September 2024
Symetra earns “Best Term Life Insurance Company of 2024” from USA Today
USA Today has recognized Symetra as the best term life insurance company of 2024, citing our low level of customer complaints and our SwiftTerm® life insurance policy as being one of the most affordable in their analysis.
USA Today also noted that SwiftTerm can be converted to permanent life insurance coverage and customized with several riders.
Additional SwiftTerm accolades include automatic policy renewal to age 95 after the term period expires, policy convertibility to age 70, and instant coverage for qualified applicants.
Product & Program Updates
Five advantages of selling Symetra SwiftProtector℠
Why choose SwiftProtector as your go-to IUL solution? You’ll get:
- Competitive product features combined with a simplified buying process to deliver policies in as little as 25 minutes for qualified applicants.2
- A fully automated, 100% online process that can help you and your clients do business easier and faster.
- Fully integrated illustrations that reduce the need for manual entry, giving you more time to consult with and nurture your clients.
- A user-friendly and secure interview that your clients can complete at a time and place that’s convenient for them.
- Always-on communications to ensure you and your clients are kept informed of any progress, changes and actions needed along the way.
Our SwiftProtector interactive user’s guide (PDF) outlines the online process and offers valuable tips and resources to get started.
When the weather turns cold, executive bonus plans get hot. Here’s why.
Odds are, many of your business-owner clients are in year-end planning, including preparing next year’s budgets, performance reviews and ways to incentivize—and keep—key employees. It’s a great time to introduce a mutually beneficial use of life insurance to employers and their executives: executive bonus plans.
- Executives get employer-sponsored life insurance and direct access to the policy’s cash value.
- Employers record tax-deductible premiums as bonuses to the executive.
Learn how this tax-efficient structure can help your business clients plan for the new year and attract and retain key talent in this flyer (PDF) and client brochure (PDF).
Reminders
Update to Symetra appointment process
For appointment requests not immediately tied to a specific sale, producers will now be placed in a “just-in-time” (JIT) appointment status.*
No impact on business submission
- This change will not hinder producers from submitting business through our EOE (electronic order entry) platforms, including SwiftTerm platforms.
- Producers will be able to submit drop tickets with a JIT appointment status.
- Please note, both the producer and agency must hold active insurance licenses to proceed. If not, you will be unable to submit a drop ticket until both are licensed.