Medicare Supplement and Advantage

How to Increase Your Medicare Supplement Insurance Sales Online

Are you an independent agent looking to increase your Medicare supplement insurance sales?

If so, we have some good news for you. First, the overall trend when it comes to Medicare supplement insurance is one of growth. According to data from the BLS, Medicare spending grew 6.7% to $799.4 billion in 2019 alone and made up 21%of the total NHE.

If you're looking to tap into this growth and increase your Medicare supplement insurance sales, targeting leads online is the way to go. Consumers are increasingly looking to digital avenues for purchasing insurance. 

Marketing insurance online is not only an effective strategy; it's also cost-effective. Selling insurance online can reduce your overhead and travel costs and give you access to a wider target market. 

Selling Medicare supplement insurance in-person restricts you to the areas you can physically service. On the other hand, selling insurance online means you can serve clients throughout your state. You can even sell insurance to clients in another state, providing you apply for a non-resident insurance license. 

Ready to start ramping up those Medicare supplement insurance sales? Continue reading to find out how to grow your sales online.

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Medicare Supplement and Advantage

10 Key Strategies for Selling Insurance Online, Especially Medicare

Have you ever stopped to think about just how much of our lives happens online these days?

We interact with friends online, check our bank balances online, communicate with our doctors online, and even work online. With everything going digital, why should internet sales still be stuck in the dark ages?

Selling insurance online can be a great way to grow your business, especially if you sell Medicare. Read on to discover some top tips and tricks for online insurance sales success.

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Medicare Supplement and Advantage

How to Help Your Clients Find the Best Medicare Insurance Policies

10,000 baby boomers turn 65 every day and become eligible for Medicare. The problem is not signing up for Medicare; it is making choices on Medicare Part A, B, C, and D, and finding the best Medicare insurance supplemental plan.

The easiest way to determine the best medical insurance for your client is to review their lifestyle and needs. Help them to understand what Medicare does and does not cover.

A 65-year old couple who chose retirement in 2020 will spend about $295,000 on medical care throughout their retirement.

This does not include the cost of any long-term care. A private room in a nursing home costs about $105,852.

Your job is to advise your client on what they need, show them their options, and provide them with the best policy for their needs.

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Insurance Insights

10 Perks of Being a Part-Time Insurance Agent

Selling insurance can be a profitable line of work. According to the Bureau of Labor Statistics, insurance agents earn a mean annual salary of around $67,780. Statistics also show that higher-earning agents can net over $125,000 per year. 

What's more, not only is insurance selling well paid, but there is increasing opportunity in the market. It's estimated that by 2029, 50% of the current insurance workforce will have retired.

Insurance can be lucrative, but jumping into a new career can be risky and stressful. Fortunately, there's nothing stopping you from becoming a part-time insurance agent. 

Being a part-time insurance agent has numerous advantages. If you've been wondering whether you should try selling insurance—but aren't sure how to start, selling insurance on the side could be the perfect way to begin. 

Wondering whether insurance is for you? Keep reading for 10 perks of being a part-time insurance agent.

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