What if I am already contracted elsewhere?
AMAC Broker Services appreciates the relationships you have made with your current FMO. We believe we can offer you additional contracts not available through your current FMO. AMAC is proud to bring several semi-exclusive products to our contracted agents. Call us to discuss your options!
Some agents find that the AMAC Broker Services contract is more competitive than their current contracts. Note: You must be released from your current contract in order to become contracted with the same carrier(s) through AMAC Broker Services. Each carrier has different criteria for releasing an agent. Contact your current FMO, or contact the carrier directly to determine the specific guidelines for obtaining a release.
Why do agents want to work with AMAC Broker Services
Our agents appreciate our Conservative values and the opportunity to work with an alternative to AARP. We understand that small business is the backbone of America, and we believe that the entrepreneurial spirit is the fuel that drives our economy. We provide our agents with exceptional service, qualified leads, A-rated carriers, and competitive commissions, allowing you to bring exceptional value to your clients.
What about Free Leads?
AMAC Broker Services is the only FMO aligned with AMAC, the Association for Mature American Citizens – the second largest senior organization in the nation – and a conservative alternative to AARP. Senior AMAC members need the guidance of trusted agents like YOU to help them navigate the world of senior insurance .
Leads come at no cost to the agent, but may be limited. Leads will be distributed at the discretion of AMAC Broker Services and are not guaranteed.
Since the majority of our leads are from seniors ready to purchase coverage, we ask that you contact the lead within 48 hours or return the lead to AMAC Broker Services via email at [email protected]
What carriers do you represent?
We are proud to work with Assured, Anthem/Empire, ARLIC/CIGNA, ACI/CLI/AHLIC, Aetna/Coventry, Heartland, Humana, Medico, Mutual of Omaha/United/Omaha, Renaissance Life & Health, Silverscript, and Transamerica.
ABS is also excited to offer you a semi-exclusive Medicare Supplement product with Everest Reinsurance Company.
Our carriers are A-rated or better, which is why our list of carriers reflects our philosophy of quality over quantity.
In what states is AMAC Broker Services contracted?
We are contracted in all fifty states and the District of Columbia.
Do you work with Independent Agents?
Yes! We are dedicated to helping our independent agents across America grow their businesses!
Who will pay my commission?
Your commission will be paid directly by the carrier whenever possible. The majority of our carriers pay the independent agent directly, so you will work with their individual accounting departments if there is a question concerning your commissions.
As of April 3, 2017, Renaissance Life & Health commissions will be paid daily. Funds may take approximately 2-3 days (from the date the policy is issued) to be deposited into your account.
Is there a large Medicare market?
Yes! Every day over 10,000 people reach age 65, and that number is expected to increase over the next twenty years.
Does it cost anything to be contracted with you?
No. Our products, training and support are offered at no cost. In the event there is a cost associated with contracting with a specific carrier, agents will be notified prior to contracting.
Can I obtain E&O coverage through AMAC Broker Services?
Yes. We are happy to offer contracted agents (and those in the process) coverage through CNA Insurance Company, or one of their A.M. Best “A” rated carriers. Upon contracting, you will be given a personal login and password for access into the Your Broker Portal section of our website. You will be able to obtain a quote, read a sample policy, and view state specific endorsements.
Highlights include: Coverage available for life, accident and health, LTC, Medicare, and managed health care organizations, along with optional coverage for annuities, mutual funds, variable annuities, variable insurance, disability, and 24-hour care.
- Limits up to $1M/$3M (Defense Costs included within limit)
- Claims-Made Basis
- Prior Acts coverage included back to first date of continuous E&O coverage
- Pay-in-full OR make monthly payments via credit card or Electronic Funds Transfer (EFT)
- Low deductibles
In the event you need coverage while you are still in the contracting process, please call an ABS representative at 1-888-776-6565 and a link will be sent to you.
I have more questions. Who do I call?
Please call 1-888-776-6565 and we will be happy to answer any additional questions. Or email us at [email protected]