Medicare, ACA, and Life Insurance News

MYGA Cross-Marketing Letter for Medicare Clients

Written by www.psmbrokerage.com Admin | Mon, Jul 31, 2023 @ 07:54 PM

Selling annuities can offer numerous advantages in today's insurance industry, allowing insurance professionals to fulfill their clients' financial security and peace of mind objectives. While you may already provide a range of insurance products, exploring the sale of annuities can be highly beneficial.

View sample prospecting letter below:


Dear [Client's Name],

I hope this letter finds you well! I am reaching out because I wanted to share an opportunity to further secure your financial future. As a valued Medicare client, I know you prioritize peace of mind when it comes to healthcare and retirement planning. Given the current market landscape, many clients are exploring options like the Multi-Year Guaranteed Annuity (MYGA) as a smart way to add stability to their retirement portfolio.

Why Consider a MYGA?
A MYGA provides a guaranteed interest rate for a fixed term—often ranging from three to ten years—without the uncertainty of market fluctuations. This type of annuity can be an ideal way to grow savings with a predictable, tax-deferred interest rate, making it a stable addition to your retirement planning.

Benefits of a MYGA for Medicare Clients:

  • Guaranteed Growth: Lock in a fixed interest rate for the full term.
  • Tax-Deferred: Earnings grow without immediate tax impact.
  • Flexible Terms: Choose a term that aligns with your retirement goals.

Since you’re already focusing on secure health coverage through Medicare, a MYGA might be the perfect complement to enhance your financial well-being without added risk.

If you’d like to learn more about MYGA options and how they could benefit your overall financial plan, please feel free to reach out at [Your Phone Number] or by replying to this letter. I’m here to answer any questions and help you explore all your options.

Thank you for trusting me with your Medicare needs, and I look forward to discussing how we can further support your financial future.

Warm regards,

[Your Name]
[Your Title]
[Insurance Agency Name]
[Contact Information]

Resources:

  • Explore our complete multi-year guarantee annuity rate table here
  • Pdf sample of prospecting letter
  • Annuities 101 Guide