People
Insurance Agency – They are in 42 locations in IL, IN, WI. This account was enrolled last year face to face and missed some locations.
Company offers 35K basic life and a buy-up for Group life up to 150K GI that is NOT portable
Situs: IL, IN, WI
Benefits Basics
***The 11/12 enrollment end date is only pertaining to the Cincinnati Life insurance policies being offered.\
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We are in the process of finalizing our group health and ancillary benefits offered through Dimond Bros and we will have a separate open enrollment for all employees later in November.***
Cincinnati Life is the only carrier
Enrollment is October 11 – Nov 12th.
Payroll Deduction – Bi-WEEKLY first deduction date is 12/3 Contract Date is 1/1 (Coverage is date of app)
PLEASE TRY TO SELL ALL WITH ADB AND WOP AND USE THE CORRECT RATES
Term Life / Term ROP
Whole Life 65 / 100
EasySend Production Application Link
Dimond Brothers Insurance
Where it asks for Employer* Copy and Paste company name above into Employer field on first page.
Monthly/SemiMonthly Rate table
Highlights
CinFin offers three comprehensive options:
"IF”: Term Life insurance provides guaranteed protection for a specified time period and pays a benefit if you die in this period of time.
“WHEN” Whole life insurance is permanent life insurance and costs more than term because the policy is designed to cover you for your whole life.
”THEN”ー Return on Premium life insurance with a money-back guarantee after the 20 years.
Employee Guarantee – any combination of WL/Term/Term ROP.
Ages 18 – 50 = $100,000 / Ages 51 – 60 = $75,000/ Ages 61 – 70 = $25,000
Spouse Guarantee Must work outside the home 20 hours or more per week
Ages 18 – 60 = $15,000 WL Products Only / Ages 18 – 60 = $25,000 WL/Term/Term ROP with stipulation that employee purchased on self. Non Working Spouse can purchase
Ages 61 – 70 = Simplified Issue
Dependent Children Guarantee
Ages 15 days – 17 years = $10,000 WL Products Only
Ages 18-25 = $10,000 WL Products or $25,000 of Term/Term ROP.**
**Choose one of these options for Guaranteed Issue
Must be Full-time Students, unmarried, and not in the military.
Grandchildren
Ages 15 days -18 years = Simplified Issue Whole Life Products Only