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Senior Benefit Services, Inc

A field marketing organization (FMO) specializing in the senior insurance market

Withdrawal of BFLIC Medicare Supplement in Texas

Bankers Fidelity

Bankers Fidelity Medicare Supplement

Texas Withdrawal of BFLIC Medicare Supplement

Effective October 15th, 2021, Bankers Fidelity Life Insurance Company is discontinuing the marketing and sale of BFLIC Medicare Supplement plans in the state of Texas.

Medicare Supplement can continue to be written in Texas through their subsidiary, Bankers Fidelity Assurance Company® – Plans A, B, F, G and N are currently available.  Any Bankers Fidelity Life Insurance Company (BFLIC) Medicare Supplement applications currently in house and dated prior to October 15th, 2021 will be processed. Any application dated on or before October 15th, 2021 will be returned.

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In addition to Bankers Fidelity Assurance Company®  (BFAC) Medicare Supplement, Texas’s product portfolio includes Cancer, Senior Hospital Indemnity, Short-Term Care and Final Expense.

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Bankers Fidelity Medicare Supplement

Pennsylvania Withdrawal of BFLIC Medicare Supplement

Effective October 15th, 2021, Bankers Fidelity Life Insurance Company is discontinuing the marketing and sale of BFLIC Medicare Supplement plans in the state of Pennsylvania.

Medicare Supplement can continue to be written in Pennsylvania through their subsidiary, Bankers Fidelity Assurance Company® – Plans A, B, F, G and N are currently available.  Any Bankers Fidelity Life Insurance Company (BFLIC) Medicare Supplement applications currently in house and dated prior to October 15th, 2021 will be processed. Any application dated on or before October 15th, 2021 will be returned.

Click Here To Request Rates

 

In addition to Bankers Fidelity Assurance Company®  (BFAC) Medicare Supplement, Pennsylvania’s product portfolio includes Cancer, Senior Hospital Indemnity, Short-Term Care and Final Expense.

Contact Senior Benefit Services, Inc.

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Bankers Fidelity Medicare Supplement

Vantage Care – Lump Sum Cancer Insurance Now Available

Bankers Fidelity Life Insurance Company has announced the immediate sales release of Vantage Care. This is a lump sum cancer plan that is now available in Maine and Wisconsin. All forms and insurance agent selling tools are available in the ADDS Library for download and online ordering. The eApplication for this product is also available.

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Get Rewarded!

Attention Bankers Life Insurance agents! Vantage Care is an eligible product for the bonus program, App2Reward. Each cancer policy written and issued will count towards a $50 bonus credit. Agents will need 5 credits in order to redeem their rewards. Click here for more details!

Get Appointed!

Request contracting today with our online Express Contracting: https://srbenefit.com/econtracting/.

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Bankers Fidelity Medicare Supplement

Medicare Supplement Rate Increase in West Virginia

Reminder for West Virginia insurance agents selling Bankers Fidelity Assurance Company. There will be a rate increase effective June 1, 2021 for Plans A, F, G, and N for the B21492 Preferred and Standard Medicare Supplement products.

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Medicare Supplement Plan A, F and G will have a 9.9% rate increase.

Great news! Plan N will only have a 3.9% rate increase.

The updated outline of coverage is available on www.bflic.com in the ADDS library on June 1, 2021. 

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App2Reward Update

Beginning May 1, 2021, policies eligible for bonus redemption must have a minimum of $300 annualized premium. Any policies written before that date with an annualized premium amount less than $300 will still be honored.

Click on the button below to get the full details of this program.

App2Reward Program
Contract With Bankers Fidelity

Complete your contracting today with our online Express Contracting! – Click Here – to get started!

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Bankers Fidelity Rate Revision for Pennsylvania

Effective March 20, 2021, a rate revision will apply to Plans A, B, F, G and N for the B 21092 Preferred and Standard Medicare Supplement products with Bankers Fidelity Life Insurance Company® in Pennsylvania. Please refer to the chart below:

  • Plan A – 8% Increase
  • Plan B – 8% Increase
  • Plan F – 8% Increase
  • Plan G – 12% Increase
  • Plan N – 8% Increase

The updated outlines of coverage will be available in the ADDS® library on March 20, 2021.

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