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These topics address common questions about the software fee structure, how we provide training, software support, etc. If you do not see your question addressed here, please contact us or try a Live Chat, below.
No. Minuteman is a software program. As with our other programs, you license it from us for a fee. For complete details, see the Minuteman web site.
We currently have two levels of software licensing available. (Please visit the MCP Premium web site for complete details.)
We make extensive use of internet-based systems for a live, interactive Demos of the MCP Premium software. These "Webinars" are held twice a week and all sessions are free; you just need to register. Please visit the software web site to view the current schedule.
Online pre-recorded tutorials are available 24 hours a day, 7 days a week. A private one-hour "Orientation" is also made available to each new user. Beyond that, periodic (weekly and/or monthly) small group Webinar training sessions are held. 'Live Chat' and Email technical support are always available during regular business hours. If needed, case preparation help or sales support are offered for an additional hourly fee.
The fact that many large IMOs are wholly owned by insurance companies (and that other IMOs are deriving substantial revenues from inferior products or sales systems) means that they are directly contributing to a greater mediocrity in the industry. If insurers didn’t own any IMOs, they would only make money on the sales of their own EIA products and not be able to benefit from the sales of other insurer’s products.
Since the insurance industry isn’t run the same as the securities world, disclosures aren’t as strict. For example, there is no central data depository requiring Insurers to disclose their EIA renewal histories.
We are doing the best we can to provide a central location for this information, but it won’t have an impact in the industry until advisors take action, by refusing to place business through non-independent channels, and with companies that are willing to disclose their renewal rate histories. We want to take whatever steps we can to support independent IMOs and insurers issuing quality EIA products.
All firms that would like to take a leadership role in promoting industry transparency and disclosure are welcome - regardless of affiliation or ownership. We have very brief Disclosure forms to complete, depending on your company type: These can be submitted by fax, standard mail or email. It takes about 1 week to complete the review and have your firm added to our database.
The Professional Referral Program is only available to agents who are users of our MCP Premium software and meet other special training and screening requirements. Please review the Program Requirements to see if you are disqualified from participating.
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