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Drennan Insurance Marketing, Inc. offers to you, as an independent insurance agent, a wide range of life, health, annuities, accident, ancillary and senior products for you to sell.

MEDICARE ADVANTAGE
A type of Medicare health plan offered by a private company that contracts with Medicare to provide your clients with all their Part A and Part B benefits.  Medicare Advantage Plans include Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO), Private Fee-for-Service Plans (PFFS), Special Needs Plans (SNP), and Medicare Medical Savings Account Plans (MSA).

If your client enrolled in a Medicare Advantage Plan, most Medicare services are covered through the plan and aren’t paid for under Original Medicare.  Most Medicare Advantage Plans offer prescription drug coverage.

These plans are sometimes referred to as ‘Medicare Replacement’ plans.

A Medicare Advantage Plan is not a Medicare Supplement Plan

MEDICARE SUPPLEMENT

A Medicare Supplement Insurance (Medigap) policy, sold by private companies, can help pay some of the health care costs that Original Medicare doesn’t cover, like co-payments, coinsurance, and deductibles. 

Some Medigap policies also offer coverage for services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Original Medicare and your client buys a Medigap policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then the Medigap policy pays its share. 

A Medigap policy is different from a Medicare Advantage Plan. Those plans are ways to get Medicare benefits, while a Medigap policy only supplements your Original Medicare benefits.

UNIVERSAL LIFE
Cash value building life insurance which offers a flexible premium, flexible death benefit, and competitive interest rate.  Issue amounts are generally $100,000 and up.
TERM LIFE
The lowest cost life insurance when a prospect knows that they only need the death benefit for a short time.  Term life insurance generally produces no cash value.  Available for 1 year, 5 years, 10 years, 20 years, and 30 year term periods.  Issue amounts are generally $50,000 and more.
WHOLE LIFE
Cash value building life insurance with a fixed and often guaranteed premium.  Issue amounts from $25,000 and up.
TRAVEL

IMG offers a full line of international medical insurance, trip cancellation, and stop-loss programs, as well as 24/7 emergency medical and travel assistance to meet the needs of anyone traveling or residing away from home.

CONTRACTING

QUOTES

DISABILITY INCOME
Replaces a person’s income when off of work due to illness or accident.  Available as a short-term benefit (up to 52 weeks) or long-term benefit (to age 67).  We offer DI plans for blue-collar risks as well as gray and white collar risks.
FINAL EXPENSE
Whole Life insurance offered in lower face amounts, generally $5,000 – $50,000.  FE is generally issued from age 18-80.  Normally features easy underwriting and high commission.
LONG TERM CARE
Protects a policyholder against the high cost of home health care, assisted living, and nursing facility costs.  Generally issued from age 50-79 for applicants in good health.  People buy LTCi with their health, not their money!
DENTAL / VISION / HEARING
Insures individuals and families against the high cost of dental care.  Some policies also include vision and hearing coverage.
CANCER COVERAGE
Very popular coverage which provides a bucket of money to protect the insured in the event of cancer.  Amounts available:  $5,000-$100,000.  Issued from ages 18-99.
HOSPITAL INDEMNITY

Insurance that provides cash to pay for gaps left by other insurance.  Offers a variety of options.  “Cash in your pocket” type of policy.

ANNUITIES
A financial product that pays out a fixed stream of payments to an individual, primarily used as an income stream for retirees. The income can start now (immediate annuity) or in the future (deferred annuity).

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