Combined Independent Agency

[kim.mcnamee89]

I am wondering if anyone has any information about Combined Insurance Independent Agency. I am currently captive with Combined but saw this on their website. My manager doesn't seem to know much about it. I like several of Combined's products but am not sure if I want to stay captive for very long. Thanks!

 

[DHK]

https://www.combinedinsurance.com/independent-agency-partnerships.html

I didn't know this existed until now. However, it appears that they want to partner with P&C agents, not L&H:

"Our high quality, affordable supplemental insurance products can enhance your current P&C offerings and expand your product portfolio."

I sure hope the payouts are better though. My old Combined selling contract had me at 30% for existing customers and 45% for new customers.

There are other companies out there besides Combined. Take a look at Assurity life sometime for their term, DI, CI, and accidental death & disability plans. They also have "Assurity at Work" for payroll deduction plans.

 

[kim.mcnamee89]

I had no idea until I was logging in the other day and saw it. I did not see the P&C though. It doesn't surprise me too much that they won't do a L&H agency. The payouts are still the same unless you get Account Executive then it goes to 35% and 55%.
I haven't had a chance to do much looking at other companies yet. But I like the accident & sickness protector as well as the sick pay disability policy. I haven't been able to find the latter of the two any where else yet. Please let me know of any other companies that offer something similar.

 

[DHK]

Accident & Sickness policies are simply "Hospital Indemnity" plans with an itemized schedule of benefits payable.

"Sick pay disability" may simply be a DI policy or a STD (Short-Term Disability - get your head out of the gutter). I don't remember selling a "sick pay disability" policy in California. We did have a DI policy but I didn't like it except for business owners.

Quite a few companies offer cancer policies too. They may not be paid up in 20 years, but they are out there.

 

[kim.mcnamee89]

The sick pay pays day one rather than having an elimination period. But it is essentially a short term disability policy (and my head wasn't in the gutter until you said something haha). I just like the no elimination period. I think it was introduced a year or two ago.
As I said I haven't done much looking yet but haven't heard of anything similar.