To Weigh Anchor is to bring it aboard a vessel in preparation for departure. The phrase “anchors aweigh” is a report the anchor is clear of the sea bottom and, therefore, the ship is officially underway.
The Frankenmuth Insurance Marine program is “anchors aweigh,” and with this announcement, you’ll have an opportunity to help it gain momentum.
Throughout the second quarter of this year (April 1 – June 30), Frankenmuth Insurance Marine is offering its “Anchors Aweigh” sales incentive. This contest will reward agents for quoting and placing new business with opportunities to win pre-paid VISA gift cards.
Placing Qualified Quotes
Each agent submitting a single qualified yacht quote during the contest dates will receive an entry in a drawing to be held at the conclusion of the incentive. If an agent, for example, submits three qualified quotes during the second quarter, they will receive three entries in the open drawing. An agent submitting 10 quotes during the contest would receive 10 entries…and so on!
Winners from the submitted entries will be drawn for $150, $100 and $50 pre-paid VISA gift cards.
Placing New Business
Each agent who issues a minimum of four (4) new yacht policies during the second quarter will qualify for a $50 pre-paid VISA gift card. And, under “Anchors Aweigh,” another $50 pre-paid VISA gift card will be granted for every additional four new yacht policies. So, if an agent issues 12 new yacht policies during the contest period, he or she would receive three $50 pre-paid VISA gift cards!
Contest Rules
Qualifying Rules
· Quotes and New Business will be a summary of submitted and issued business as reflected in iBIS.
· Quoted Yacht business submitted by June 30, 2013 with an effective date prior to October 1, 2013.
. New Business for any signed application submitted by June 30th for issuing with any effective date through the 3rd quarter.
· New business placed on quotes made prior to 1 April will qualify toward the count for the new business initiative.
· Quotes underwritten and returned via iBIS for customer signature. (Final decisions on all matters will be determined by the Frankenmuth Yacht Product Manager and the Director of Personal Lines.)
Non- Qualifying Rules
· Re-quotes or updated quotes from those originated prior to April 1, 2013.
· Cancel and reinstatements.
· Endorsements adding tenders, dinghies, PWC’s and outboard motors to existing policies do not count as new business.
The drawing for quoted business entries will be held on July 8, 2013. Additionally, through this contest, agencies with multiple locations will be tracked as a single agency by Master Code.
We’re certainly Anchors Aweigh at Frankenmuth Insurance Marine, and we’re looking forward to your participation in this exciting program. Should you have any questions, comments or concerns, please don’t hesitate to contact Marine Product Manager Eric Kinney at extension 2975.
