Surebridge Stats and Updates!
I hope you are finishing the 1st quarter of 2022 strong. Below are some updates from Surebridge.
Survivor Views Cancer Debt Statistics
Bonus – There is still plenty of time for agents to qualify for Surebridge’s current bonus program (attached). Now is a great time to remind agents of the incentive to make sure they hit the baseline to qualify.
New Signature Process – Surebridge is implementing a new signature process on 3/25 which will no longer require Docusign. This change will improve the onboarding process for new agents and streamline the signature process on the application.
Product Highlight – This month I’m highlighting Surebridge’s CIWise (Critical Illness). I have attached a recent survey from the American Cancer Society. Key Findings include:
- 70% are concerned about incurring medical debt from their cancer care and treatment
- 51% of cancer patients and survivors report incurring medical debt as a result of the cost of their cancer care
- 53% of debt-holders (as a result from cancer) are facing collections
Critical Illness is one way to protect against the financial risks of cancer. Surebridge’s CIWise Highlights include:
- Issue Ages: 0 to 90 (Max Issue Age in CA is 64)
- Benefit Amounts: $5,000 to $100,000 ($50,000 for 64+)
- Guaranteed Issue of $5,000 or $10,000 (Ages 0 to 63)
- 3 Category Approach (Cancer, heart, and other) allows multiple payouts and ability to carve out a category
Prime DVH Rate Adjustment – There will be a rate increase for Prime DVH on 5/7 in 13 states. Additional states will follow. If we have not had a chance to discuss this change, please let me know if you would like to schedule a call.
