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New Year, New Career! LEARN ABOUT WORKING WITH AMERICA'S #1 FMO • WHY KINGDOM INSURANCE? As America's #1 FMO, we are committed to improving lives through insurance. As a network of reformers, we are committed to changing the insurance industry for the better, one person at a time. Last year, we launched several new tools for helping agents that includes an innovative digital lead generation system that ensures agents are never short on leads. We encourage you, or your agency, to explore the many benefits of partnering with America's #1 FMO today! • HERE ARE THE TOP 5 REASONS TO CHOOSE THIS CAREER. 111 The Recession-Proof Career in a Booming Industry! A new Medicare milestone has been reached. As of 2023, more than 31 million Americans are now enrolled in Medicare Advantage plans. In just one year, Medicare Advantage enrollment grew by 2.3 million people (8%)! A career as a Medicare agent offers endless opportunities for sales in this rapidly accelerating population. As of 2024, 11,000 people will be turning 65 every day, and that number is expected to continue to grow in the coming years. Plus, since Medicare is a government-paid program, the benefits are guaranteed to recipients. This means even when the economy is struggling, Medicare is practically recession-proof. Not many careers have that level of protection. ElIncreased 2024 Broker Commissions for the Ninth Year in a Row! The rates that are paid for Medicare Advantage enrollments typically have increased each year from 1% to 5%. In 2023, the national average rate increased by 4.89%, and in 2024, it increased again by 1.66% (see the table). These increases have happened consecutively for the past nine years, and all indications show this should only continue. That means agents in this career are seeing wage increases year AGENT COMPENSATION RATES 2023-2024 lINITIAL %MN 1.66% Product Region 2023 Rate 2024 Rate MAPD National $601 $611 CT, PA, DC $678 $689 1.62% CA, NJ $750 $762 1.60% Puerto Rico, U.S. Virgin Islands $411 $418 1.70% PDP National $92 $100 8.70% RENEWAL Product Region 2023 Rate 2024 Rate % Increase MAPD National $301 $306 1.66% CT, PA, DC $339 $345 1.77% CA, NJ $375 $381 1.60% Puerto Rico, U.S. Virgin Islands $206 $209 1.46% PDP National $46 $50 8.70% 0 High-Income Potential in a Recession-Proof Growing Industry! In this career, being a Medicare Advantage agent can be a rewarding and lucrative career. The average starting income ranges from $80K to $100K, and from there, annual salaries typically grow quickly. This is because it's one of the easiest careers to begin earning residual income, meaning the people you sign-up today will continue to pay you commission possibly for years to come. For example, if you average 3 enrollments per week for five years, factoring in a 10% sales growth per year, you would be earning $346K+ per year. This is very achievable for anyone wanting to put in the effort. 1:1 Medicare-Eligible People Are Growing by 50 Million! Medicare sales are expected to increase because 50 million more Medicare Advantage beneficiaries are coming into the market in the next decade. The Congressional Budget Office (CBO) has projected the percentage of Medicare beneficiaries enrolled in Medicare Advantage Plans to increase from the current 51% as of 2023 to 62% by the year 2033. That means in less than ten years, the percentage of Americans enrolled in Medicare will grow by over 10 percent! ElAmazing Residual Income that Protects Your Family. The key to making money in this business is to understand the power of renewals. When you work a typical job, you get paid for the work you do. Whereas Kingdom agents get paid for the work they do and what they did. Kingdom pays LIFETIME RENEWALS, which means if you are a licensed agent of the state in which the enrollment is written, you will continue to receive those commission payments for the life of that contract year-after-year for each active member. There is nothing quite like it! Now, how do renewals protect your family if you die? Kingdom has made special negotiations with carriers to ensure that future commission payments are given to an agent's family for the life of those policies. That can translate into many years of payments to help your family. The bottom line? Kingdom protects your loved ones. • JOIN THE POWER OF KINGDOM TODAY! The demand for new agents to help these individuals is HIGHER THAN EVER. Thanks to the company culture we have, the leading technology we provide, and the stellar agent training and support we give, Kingdom is set to staying ahead of the competition. But more importantly, it allows our agents the ability to thrive and grow to their highest potential in a fast-growing industry. The online technology and resources Kingdom provides agents with are easy to use and completely paperless. Work from anywhere in the country with E-contracting and online quoting tools. Each agent receives an online portal to easily receive new leads year-round, manage leads, and enroll clients with the click of a button. Medicare agents serve an important role for many people who are unaware of the benefits entitled to them. They serve sensitive populations and offer knowledgeable and caring attention to people who need it most. A career as a Kingdom agent is meaningful and virtuous while also providing a lucrative career. Discover this exciting career opportunity and make a fresh start in 2024 with Kingdom Insurance. Join the Power of Kingdom Today! Learn how Kingdom Insurance Can Guide You on Your Career Path to Incredible Success as a Medicare Sales Agent Click On One of The Following to Learn More: PACKET REQUEST Click here to receive a packet that contains all of the information you need to become a licensed insurance agent. 7 SCHEDULE MEETING Click here to schedule an appointment online to speak directly with one of our team specialists about this amazing career video 1 video 2 get the Kingdom packet
Kingdom Insurance
Home Office:
515 N Broad Street
Thomasville, GA 31792
(800) 922-8007
info@thekingdomgroup.net
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