AD&D

Program Highlights for the Bank Market:
• $3,000 of AD&D insurance is provided at no cost to everyone 18 and over
• $3,000 “Thank You” gift helps build customer loyalty and retention
• Optional coverage can be purchased with benefits ranging from $10,000 to $300,000
• Marketing Method: Direct mail, statement inserts, e-mail blast, web link
• Customer participation generates recurring fees
• Excellent revenue opportunity

Coverage:
• Guaranteed issuance of coverage to all applicants
• Plan is backed by American General/United States Life Insurance Company
• Available for single, spousal or family benefit programs
• Coverage never terminates (benefits reduce 50% at age 70)

Administration:
• Program is administered by NBFSA
• All costs are paid for: printing, postage, administration, etc.
• No up front cost or risk to participating institutions
• Payment methods – deduction from savings, checking or addition to mortgage payment
• Monthly and quarterly billing available
• Complete turnkey operation

5 Benefit enhancements for Optional coverage at no additional cost include:
1. Escalator: For every two continuous years coverage remains in force, the amount of insurance will be increased 5% every two years up to a maximum increase of 25%
2. Higher Education Benefit of 2% of Principal Sum up to $5,000 a year for up to 4 years
3. Seat Belt Coverage provides additional 10% benefit up to $10,000
4. Spouse Retraining provides 1% up to $3,000 for spouse in institution of higher learning
5. Rehabilitation Benefit up to $5,000

Rates and Total Compensation
• Low monthly cost for Basic $3,000 is $0.03 per participant
• Single coverage: $1.00 per $10,000 per customer per month
• Family coverage: $1.50 per $10,000 per family per month

Mortgage Life Insurance

Mortgage Life Insurance insures a specific debt, your mortgage. In protecting your mortgage you are securing one of your largest liabilities. Upon an accident or death your mortgage will be paid for by the insurance company.
Securing your debts from unseen harm is the benefit to any insurance plan. If you have been laid off, started your own business, or just don't carry life insurance now might be the time to look at a mortgage life policy. It can be built in with your mortgage payment and will be less than a life insurance policy. Meek and Associates can help provide coverage. Contact us today!

Marketing Through Financial Insitututions

Meek and Associates provides complete marketing assistance for any program. With various partnerships Meek and Associates is capable of direct mail, statement stuffers, email marketing. Ensuring the best marketing program is essential when introducing any product to customers. Meek and Associates works to ensure complete security and ease of use for both the Financial Institution and the customer. Contact Us today to discuss Marketing Opportunities.

Insurance Through A Financial Insitution

Financial Institutions provide various Insurance products. Offering those products allows for a consistent financial outlook. Saving money is a crucial component, but insuring safety and protection for those assets is as important. Making sure you are able to protect your assets from un seen loss is what and Insurance policy can cover. Every customers must look at their financial picture and decide what is the most appropriate policies. Financial Institutions provide advisory positions to present the scope of products and resources. Discuss your opportunities with your Financial Institution. Meek and Associates works alongside your Financial Institution to provide the resources and solutions your customers need. Deliver consistent service and protection for your assets.

Life Insurance

How much Life Insurance Do I Need?
Life Insurance can be the most important Insurance product one will buy outside of Home owner's and Auto. Life Insurance will protect your debts and secure your beneficiary's. There is nothing worse than suffering through a tragedy and then realizing there is no one to pay the mortgage. The first thing to remember is not to be scared into buying a policy. Listen and research your opportunities. Take some time to think about it and make the right decision.
Life Insurance is important no matter when or how you decide to purchase it. There is Term Insurance, which is just that. It will most likely be the cheapest and only provides coverage for a certain amount of time. Whole Life Insurance will insure just that, your whole life. It is typically the most expensive and will provide coverage up to a certain dollar amount. Ensuring all of your debts are covered is essential when looking at a whole life policy. Life Insurance provides essential coverage and should be looked at carefully and fully discussed. Contact us today with any questions. The next question is where to buy it!

What Is An Annuity?

An Annuity is a contract between someone and an insurance company. An annuity provides a certain amount of return for a period of time. There are two types of annuities: Fixed and Variable. Fixed will provided a specified return. Variable will provide a minimum and the maximum is determined by the stock market. Variable Annuities only fit a very specified buyer, typically mutual funds are more appropriate. Fixed Annuities provide a healthy return and have a set amount. They provide stability and when C.D. rates are down are the best alternative. Annuities provide tax benefits as well. Talk with your adviser about your opportunities to discover the potential.

Mortgage Life Insurance

Mortgage Life Insurance will protect the mortgage customer in case of death or disability. Customers are able to receive peace of mind that their mortgage will be covered and paid off in the event of an emergency. The Financial Institution or Lender receives coverage on assets in case of emergency. Mortgage Life helps protect assets outside of Life Insurance coverage, and covers customer's largest debt. Mortgage Life can be offered at point of sale through Loan Officers or direct mail. More and more protection is offered only through point of sale to save on mailing costs. Mortgage Life is a product designed to protect the insurer and the Lender.