On August 23, 2010 Forethought Financial Group announced its new Medicare supplement product will be available this fall in eleven states, including Illinois, Iowa, Indiana, Louisiana, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, and Virginia. The Forethought Medicare Supplement (Medigap) comes at a very good time when millions of baby boomers are now turning 65 and becoming eligible for Medicare. These newly minted seniors will be seeking Medicare supplement products from companies such as Forethought that offer competitive premiums, an excellent financial strength rating, and highly regarded customer service. The Forethought Medigap offers all of the aforementioned and more.
Precision Senior Marketing (PSM), a full-service, national insurance marketing organization, is an exclusive distributor of the Forethought Medicare supplement, and is currently offering direct contracts to independent senior insurance agents who wish to add the Forethought Medigap product to their portfolios. PSM experienced tremendous success last year with the release of several new Medicare supplement products. Exploding demand for these Medigap products exceeded the expectations of the carriers, requiring them to hire additional staff. PSM expects the same level of demand and success for the release of the Forethought Medicare supplement.
Forethought is also offering a new final expense product in addition to offering a new Medicare supplement product. Agents can sign up consumers for both products in one application known as a “combo-app.” Independent senior insurance agents will notice this combo-app will simplify and speed-up the application process. The new Forethought final expense product offers superior features compared to competing final expense products – even Forethought’s older final expense product. Agents are encouraged to contact Precision Senior Marketing at 1-800-998-7715 or at [email protected] for more information about either product.
Forethought Financial Group meets the needs of more than 2 million policyholders. The company was established in 1985 and has grown into an industry leader since then. With over $ 4 billion in assets, more than $ 5.6 billion of life insurance and annuity business in force, and nearly $ 1 billion in annual revenue Forethought is one of the most financially stable companies in the nation.
Despite these rough economic times, Forethought continues to grow and prosper unlike many of its competitors who are shrinking or stagnant. Forethought expects to expand its offering to other states, as the company is licensed to sell in 49 states, the District of Columbia, and Puerto Rico. Agents can check http://www.psmbrokerage.com for the latest Forethought Medicare supplement release information.