Life and Long Term Care Insurance Brokerage Contracts
Long Term Care and Life Insurance MGA
ACACIA Insurance is one of the largest Managing General Agent’s (MGA) for hybrid and traditional long term care insurance. We’ve specialized in life and long term care insurance solutions since 1990.
We have Managing General Agent contracts with the nation’s leading long term care insurance companies. As an MGA with the major hybrid and traditional long term care insurance companies, our goal is to build lasting relationships with independent long term care insurance agents and brokers.
Our contracts offer the highest long term care and life insurance commissions. If you’re an independent long term care insurance agent, broker or agency, contact us to discuss how we can help you grow your business.
Long Term Care Insurance Brokers and Agents
We provide independent insurance agents with:
- Highest insurance commissions for all major long term care, hybrid and life insurers
- Immediate vesting and all commissions paid directly from the carriers
- Exceptional hybrid and traditional long term care lead programs for top producers
- Industry leading sales and back office support for hybrid and traditional LTCi
Product Lines and Insurance Companies
- Long Term Care Insurance
- Hybrid Long Term Care Insurance
- Short Term Care Insurance
- Critical Illness Insurance
- Life Insurance
Partial list of insurers we represent:
What Is A Managing General Agent?
A Managing General Agent (MGA) is contracted directly with the insurance carriers. The insurance companies require MGA’s to place a substantial amount of premium each year to maintain their contract. And independent insurance agents do not typically place enough business to be contracted as a Managing General Agent.
Managing General Agents are granted authority by the insurer to appoint independent insurance brokers. The Managing General Agent has expertise that benefits the insurers. This expertise is often too costly for the insurer to develop on an in-house basis. So the MGA supports the business goals of the insurer and the independent insurance agent.
Difference Between Managing General Agent and General Agent
We’re often asked about the difference between a Managing General Agent (MGA) and a General Agent (GA). As outlined above, the difference is in the relationship to the insurers.
The General Agent (GA) is an independent insurance agent, or agency, that is appointed under an MGA. The General Agent represents different insurance carriers to distribute various insurance products to consumers. Thus, the hierarchy flows from the insurer, to the MGA, to the GA, to the broker.