Coronavirus May Bring More Cash Bonuses and Fewer Incentive Trips

Coronavirus May Bring More Cash Bonuses and Fewer Incentive Trips
July 12, 2020

Due to the coronavirus pandemic, we are seeing many senior market insurance companies moving away from incentive trips and more towards cash bonuses. While some trips – like the 2021 trip to Portugal from Capitol Life – are still on, many trips are being cancelled.

If a trip you have qualified for has been cancelled, you'll likely be offered cash. If you have any questions about incentive trips, please let us know, and we'll find out the status for you.

As we turn to cash bonuses, we can't help but notice the $225 bonus being offered by CSO. That's for every issued underwritten Plan F – no app minimums. All other underwritten cases get you $125 cash. That's one heck of a bonus.

Make sure to download our Cash Bonus Tip Sheet to get a quick view of which carriers are offering bonuses right now. This sheet is updated regularly.

Cash is king as they say, so work towards some great bonuses as we move into the second half of the year.

Sincerely,

Jeff Sams

Want to be the first to hear the latest senior market announcements? Join our list and we'll send them right to your inbox.