Offer More Value With Platinum Advantage Discounts

July 26, 2019
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You can close more sales by emphasizing Platinum Advantage’s top quality and great value. No matter where your clients are on their career paths, they’ll appreciate knowing you’re looking out for their needs and budgets. The overview below shows how to make the most of our Multi-Life, Residency and Business Owner discounts and rewards. Note that discounts apply to gender-distinct rates.1

Employer-Based Multi-Life Discounts

We offer a 10% discount on each policy when we receive applications on three or more lives from the same employer — or two business owners — within six months. You can also offer this discount to contract workers (Form 1099) sharing a common worksite.

Expanded Discounts at Residency Institutions

You can now offer a 10% discount to all employees of institutions that have an established Residency Multi-Life Discount.2 This means you can offer discounts to more prospects — not just residents and fellows. The discount applies when we receive applications on at least three resident or fellow lives within a six-month period. The discount can be established at programs accredited by the Accreditation Council for Graduate Medical Education, the American Osteopathic Association and the Commission on Dental Accreditation. Learn more by checking out this recent article: The Resident Sales Opportunity With The Standard and find established Residency Discount programs.

Discounts and Rewards for Business Owners

Qualifying business owners can receive a Business Owner Discount of 10% on Platinum Advantage and a 15% discount on Protector Platinum.3 They may also be eligible for a 10% Employer-Based Multi-Life Discount if two or more owners of the same business purchase policies. You can layer those discounts with a Multi-Product Discount of 5% if the same client also purchases a Business Overhead ProtectorSM or Business Equity ProtectorSM policy. Your clients may even be eligible for Business Owner Rewards (New York version), such as upgraded occupation classes or increased coverage limits.

Ready to put more discounts to work for your clients? You’ll find details in our Premium Discounts Flyer and Online Reference Product Guide.

 

Categories: 
Business Owner / Platinum Advantage / Sales Insights