Important Levinson Carrier News and Updates – 10/6/23 … Ameritas
Ameritas 4th Quarter Bonus $300-$500 Cash!!
an update on FLX Underwriting. As September came to an end, Ameritas had one of our BEST months on record since we began our Independent Distribution Channel in 2017. When looking at cycle time from Submit-to-Issue, underwriting averages were:
Non-Med: 5.2 Days
Fully Underwritten: 12.9 Days
Underwriting on FLX products is in a very good place right now as the vast majority of cases are going through initial UW review within 24 hours. If you are having difficulty elsewhere or if it has been awhile since you’ve written with Ameritas, I would encourage you to give us a look. You may be pleasantly surprised as many agents have expressed in recent conversations!
Second – Ameritas is planning on holding a 4th quarter bonus for ALL agents. The brief details of the planned bonus are below:
- Only FLX IUL is eligible
- Applications must be submitted in November and issued by end of 2023
- Minimum policy count of 3, with no cap thereafter
- After the first 3 apps are issued, that gives the agent a bonus of $300. For every additional app, the agent will receive an additional $100
- Must be submitted via eApp
- Bonuses will payout in January 2024
Example: Agent submits 3 apps in November and has them issued by end of 2023; they will earn $300 bonus. If the agent submits 5 apps in November and gets them all issued by end of 2023, they will earn a $500 bonus.
