introducing tuition rewards. protecting assets with ltc insurance and funding higher education...
TRANSCRIPT
Introducing Tuition Rewards
Protecting Assets with LTC Insurance and Funding Higher Education
• No-cost way to reduce the cost of college tuition
• Over 200 Private Colleges across the country – and growing continually
• Only Available to GoldenCare USA Agents and their clients
What Is Tuition Rewards?
• SAGE Scholars Inc. - Incorporated in 1995– Largest U.S. private college savings program
• Basically, an incentive program to help market financial products
• Tuition Rewards can save thousands of dollars off the cost of tuition at over 200 private colleges in 35 states
Why do colleges participate?
• Opportunity to attract qualified students who might not otherwise be familiar with their school.
• Colleges realize they need to remain affordable.
• They want to reward families who conscientiously save and prepare for their child’s education.
How it can work for you?
• Use as a lead generation to increase LTCi sales
• Offer free to prospects who set an appointment to discuss LTCi
• Annual follow-up sales potential
• Again, FREE of charge to you and your clients– Whether or not they purchase coverage
How Does It Work
• Contract with GoldenCare USA
• Register on site
• Offer to prospects
• Give qualified prospects your Access Code
• They immediately start receiving points upon enrollment
How Does Tuition Rewards Work?
• Each point = $1 in tuition reduction
• First, 5,000 bonus points are awarded upon enrollment with SAGE – 10,000 per couple!
• Each year, client can log on to validate account and will receive 2,000 additional points!
Individual Example
Redeeming Rewards
• Using the example – married couple has 50,000 points
• Assume one year’s tuition is $27,000 and the maximum award the school allows is 25,000 points
• They divide the maximum award by 4 to get 6,250 award points/year
• $6,250 scholarship awarded each year!
How Tuition Rewards Can Benefit Your Sales
• Provides you with a unique lead generation tool
• Creates opportunity to meet with prospects – now & in the future
• Helps grow your business while helping your clients fund a college education
Who Would Be Interested?
• Parents• Grandparents who want to assist
grandchildren and/or leave a legacy behind
• Aunts and uncles who want to help support their niece’s/nephew’s college education
• In fact, almost every LTCi prospect!
Here’s How To Do It
Fill Out Registration
Any Active Writing Number with any of the
GoldenCare LTC carriers will be accepted!
• Pic of email
GC123456MN
Access Code
• After you register & receive your Access Code via email, keep it somewhere safe
• Your Access Code is the same for all of your clients
• Write Access Code on back of Consumer Brochure
GC123456MNFamilies with $200,000 in assets
(INCLUDING their house) OR $80,000 in income are eligible
When they register
• Clients register at www.ltcrewards.com
GC123456MN
Set up your
own
Account!
JSample45Sage
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After Your Client Registers
• Agent receives email notification
Set a reminder for 11 months later to contact clients for a
review as well as a reminder to validate their Tuition Rewards to earn the additional 2,000 points!
Tuition Reward Deadlines
• Enrollment – Must enroll students by June 30th following their
sophomore year in HS
• Allocation– Must award points to specific student(s) by August
31st before their senior year of HS
• Application– Must submit rewards statements to colleges along
with the student’s application to the college
Participating Collegeswww.tuitionrewards.com
Click on Participating Schools
Tuition Rewards
• Not only a Lead Generation System today, but an ongoing system for the future
• FREE & exclusive to GoldenCare USA agents
• We must monitor agent access codes for abuse… The “Rule of Ten” – 1 sale for every 10 Reward Packages
Our commitment to help you succeed!
Sign up Today!
• Go to www.ltcrewards.com
• Sign up as an Agent
• Get your access code
• Set up your own account
Take The 1st Step Today – Thank You!
GoldenCare USA -- 800-842-7799