What are Ancillary Products?
Ancillary insurance products are a great way to enhance your clients’ benefits and further attract and retain valued customers. Many clients find significant value in these popular products and are often accustomed to receiving such benefits from a previous employer.
What Ancillary Products are available through MCC Brokerage?
Some of the various ancillary products we offer are:
- Critical Illness
- Heart Attack
- Home Health Care
- Hospital Indemnity (HI)
- International Health Care
- Short-Term Major Medical (STMM)
How do Ancillary plans work?
There are two types of ancillary product plans: Coordinate and non-coordinate
- Coordinate plans work in conjunction with your primary health plan. The most you can receive from these plans is your maximum pay out- of -pocket exposure with the carrier.
- Non-coordinate plans do no coordinate the benefits with insurance. In other words, it doesn’t matter if you meet your deductible. You still get paid the benefits of your policy. We prefer this plan because you can use this money on whatever you would like.
Get Started Today
If you would like to learn more about how to cross-sell products to your client and, in turn, increase your revenue stream, as well as, client loyalty, contact us today.