Seattle, WA - September 15, 2015
QuoteWizard, a privately held internet lead provider unveiled a new product today: Medicare Supplement Insurance Leads. The release of this product comes just in time for the Annual Enrollment Period where demand peaks for Medicare Supplement (MedSup) insurance, though the product is available year-round.
The insurance product itself is designed to close the gap between what consumers need from their health insurance and what Medicare provides, earning the nickname “Medigap”. Medigap plans have become a favorite amongst agents and brokers due to the high commision rate, and demand is increasing rapidly as more and more baby boomers reach retirement age. Ten thousand people become eligible for Medicare Supplement plans every day.
QuoteWizard’s MedSup leads are generated when seniors turn to the internet to shop for Medicare Supplement coverage and fill out detailed quote requests. That information is then verified and matched to agents based on the demographic and geographic filters they’ve activated.
Scott Peyree, CEO and President of QuoteWizard, had this to say about the new lead product: "We are excited to offer the MedSup product to our clients. Since launch, we've seen great engagement from our senior consumers who are looking for one place to help them navigate this complex, and at times, cluttered market. We know that there is high demand for this product from our agent base, so we are excited to now be offering it to help our agents engage with even more in-market consumers for insurance products."
There are two types of MedSup insurance leads available, shared and exclusive. Shared leads are sold to a maximum of four agents but never more than once to the same carrier. Exclusive leads are only sold to one agent. All leads are eligible consumers aged 64½ and older and pass through two layers of identity verification before being delivered to the agent.
QuoteWizard launched a MedSup product in 2014 to a limited audience of corporate clients, and it has quickly become the fastest growing vertical, prompting the company to roll the product out to all agents and brokers. As of September 1, 2015, QuoteWizard allowed agents to claim their geographic territory on a first-come first-serve basis to prepare for a September 15th launch.
The new MedSup product will join QuoteWizard’s line of insurance lead products, consisting of Auto, Home, Renters’ & Condo, and Life leads. The Seattle, WA-based firm run by President & CEO Scott Peyree sells more than 1 million leads a month to 7,000+ agents and ranks as one of the fastest growing private companies in Washington State.
More information can be found at: www.QuoteWizard.com/health_insurance_leads