4. The Competitive Edge “ By having a partner who’s flexible and provides multiple options, you can cover the breadth of your agency’s clientele. It gives you the tools to be able to satisfy clients in different size categories who care about their employees and want to communicate effectively to them.” Brian Tarpey, president of The Tarpey Group, LLC, N.J. Distinguish Yourself… Furnish Solutions… Preserve Your Clients…
5. The Competitive Edge Enjoy the Ease and the Accolades 6 Is a Perfect Number! 2008 Benefits Selling Readers’ Choice Awards Best disability product Most innovative carrier Carrier at the forefront of the consumer-driven health market Most broker-friendly carrier Best voluntary life insurance product Best enrollment company (honorable mention)
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21. Broker Commissions Company A STD Gross Commission 65.0% Enrollment Costs (70% of gross) 45.5% Net After Enrollment (30% of gross) 19.5% How much do you net from your voluntary benefits business? Example of Net Earnings
22. 1 When you compare nothing but net , you can typically earn more with us than you net with our top competitors! Higher Broker Commissions Nothing but NET Colonial Life Can Give You HIGHER Commissions ! WHY? Because we significantly raised our commission rates in 2008 and we don't charge to enroll your business. Applies to new accounts with an effective date of Nov. 1, 2008, or later
Can your clients maintain a competitive benefits program and a strong bottom line? They’re looking for someone with solutions – and you want to be the person they can count on. With Colonial Life as your benefits partner, you can. Our voluntary benefits, one-to-one benefits counseling, and flexible enrollment options offer the kinds of solutions you and your clients are looking for.