SilverCare Insurance. Anyone have experience with them?

Discussion in 'Senior Insurance Forum' started by backinthebiz, Oct 2, 2008.

  1. backinthebiz
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    backinthebiz Member

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    This agency sets Medicare Advantage appointments for agents and offers good commissions. Has anyone worked with them before?
     
  2. mickeyma
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    mickeyma Well-Known Member

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    Are they in the San Jose, CA, area? I worked for a Silver Care agency there two years ago. They promised appointments with people on MediCal throughout the year. The appointments held up. Only problem was that everyone was happy with their doctor and no one saw the advantage of switching.
     
  3. backinthebiz
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    backinthebiz Member

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    I know they are based in the central valley, but I'm not sure if they have an office in San Jose. I know they do business with agents all over CA. Agents sell MA plans to seniors all day long, if they are serious about setting the appointments, all you got to do is sell them.
     
  4. Guest
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    I am investigating this, too. What I don't like is that I have to pay $200.00 just to work for them, and then another $100.00 to take the Medicare AHIP test...what's up with that?
     
  5. Dave020
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    Dave020 Super Moderator Moderator

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    CA DOI shows license date 02/06/2008

    Isn't this the second thread started about this today?
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    Name: SALSABELA, INC. License#: 0F00725DBA: SILVER CARE INSURANCE SERVICESComments:
    "SILVER CARE INSURANCE SERVICES" MUST BE USED FOR ALL INSURANCE BUSINESS CONDUCTED IN CALIFORNIALicense type: Accident and HealthStatus: ActiveStatus Date: 02/06/2008Exp Date: 12/31/2009License type: Life-OnlyStatus: ActiveStatus Date: 02/06/2008Exp Date: 12/31/2009License type: Fire and Casualty Broker-AgentStatus: ActiveStatus Date: 02/06/2008Exp Date: 12/31/2009Business Address: 230 W. FALLBROOK #105 FRESNO, CA 93711Company AppointmentsThis licensee is authorized to transact on behalf of the following insurers: LINCOLN NATIONAL LIFE INSURANCE COMPANY (THE)For: Accident and HealthEffective: 07/24/2008LINCOLN NATIONAL LIFE INSURANCE COMPANY (THE)For: Life-OnlyEffective: 07/24/2008MONUMENTAL LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 08/07/2008PACIFICARE LIFE AND HEALTH INSURANCE COMPANYFor: Accident and HealthEffective: 10/08/2008PACIFICARE LIFE AND HEALTH INSURANCE COMPANYFor: Life-OnlyEffective: 10/08/2008PACIFICARE LIFE ASSURANCE COMPANYFor: Accident and HealthEffective: 10/08/2008PACIFICARE LIFE ASSURANCE COMPANYFor: Life-OnlyEffective: 10/08/2008RELIASTAR LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 07/31/2008SECURITY LIFE OF DENVER INSURANCE COMPANYFor: Life-OnlyEffective: 07/31/2008TRANSAMERICA LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 10/17/2008TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 10/17/2008UNITED HEALTHCARE INSURANCE COMPANYFor: Accident and HealthEffective: 10/08/2008GUARANTY INCOME LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 08/26/2008UNITED HEALTHCARE INSURANCE COMPANYFor: Life-OnlyEffective: 10/08/2008ANTHEM BLUE CROSS LIFE AND HEALTH INSURANCE COMPANYFor: Life-OnlyEffective: 03/06/2008ANTHEM BLUE CROSS LIFE AND HEALTH INSURANCE COMPANYFor: Accident and HealthEffective: 03/06/2008AMERICAN GENERAL LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 09/28/2008AMERICAN GENERAL LIFE INSURANCE COMPANYFor: Accident and HealthEffective: 09/28/2008AETNA LIFE INSURANCE COMPANYFor: Life-OnlyEffective: 08/13/2008AETNA LIFE INSURANCE COMPANYFor: Accident and HealthEffective: 08/13/2008GUARANTY INCOME LIFE INSURANCE COMPANYFor: Accident and HealthEffective: 08/26/2008
     
    Last edited: Jul 13, 2011
  6. backinthebiz
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    backinthebiz Member

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    I didn't really understand that $200 thing. The contract seems to say it gets taken from your first commission check. I don't know about your experience, but the agency contract seems to be poorly written. No offense to the agency, but a professional should probably rewrite it for their protection and the confidence of others.

    The most concerning part of the contract is where you must acknowledge that stealing employees or clients will cause damages and you have to agree to the damages. I've seen a lot of agency contracts in my life and I've never seen a contract like this. They may have experienced this in the past, but I don't feel comfortable with signing something like that.
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    That's what it seems like. Perhaps the corporation was just created 8 months ago, and the owner/agent was operating as a sole prop or other entity before.
     
    Last edited: Oct 25, 2008
  7. policy doctor
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    policy doctor Well-Known Member

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    The caution here is : STAY AWAY
     
  8. Guest
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    Being an ex-agent for NY Life, I loved the idea of prospects being fed to me, however, I became extremely suspicious of this company after I attended their "Webinar", completed the online registration form and then never heard anything back from them. I called and emailed them several times over 2 weeks and finally spoke with someone. They are a very disorganized group. I am taking your advice and staying away from this one. Thank you very much!
     
  9. CALTCAgent
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    CALTCAgent Well-Known Member

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    Hello,

    Anymore information on Silvercare?

    They sent me an e-mail trying to recruit me and I wanted to know the "scoop" on them.

    Thanks!
     
  10. dominga
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    dominga New Member

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    I am also looking into this but do they really get you the appointments as promised.
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    They told me that they have in business for 10 yrs but the DOI says in business since 2008.
    And they say they have 400 agents which does not sound believeable.
    The IHIPA test is $100 ok that I understand because they do not charge for that. It is IHIP who is charging for it.
    But do they really set the appointments for the agents and why would they make the agents self employed and not employees?
    Anyone have a good experience with them?:cool::idea:
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    Could you please tell me if you had any experience with
    Silvercare?

    Please tell what happened.....:SLEEP:
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    Anyone have a good experience with them?
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    CA DOI shows license date 02/06/2008

    But they said they have been in business for 10yrs.
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    Has anyone worked with them before?
     
    Last edited: Oct 22, 2010
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