NAR’s REALTOR Benefits® Program Has You Covered with a New Offering
Commentary by NAR’s REALTOR Benefits® Team
Healthcare options can be as confusing as they are essential. Many members of theNational Association of REALTORS® (NAR) want coverage, but can’t find affordable options or don’t have the resources to thoroughly research what type of policy is best for them and how to track down the best provider.
Now these members can easily find coverage options, with a new benefit available through the REALTOR Benefits® Program called the REALTORS® Insurance Marketplace.
NAR and its long-time insurance partner, SASid (Smart And Simple insurance development—the trusted administrator of NAR’s REALTORS® Core Health Insurance and REALTORS® Dental Insurance), have joined together to provide this exciting and timely benefit. The REALTORS® Insurance Marketplace is a private, online one-stop shop for all of your health and wellness insurance needs. Using the latest technology, NAR members can research coverage options, compare plans, obtain quotes, and purchase coverage directly online.
“REALTORS® Insurance Marketplace is easy to use, with full plan information, rates, convenient enrollment options and FAQs,” says Bob Goldberg, NAR senior vice president, Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions. “A great benefit of this new offering is that SASid representatives are available to help our members navigate the confusing waters of health insurance. They understand the unique needs of real estate professionals and can help guide members in making the best decision.”
Choose from a Variety of Coverage Options
REALTORS® Insurance Marketplace was created to address NAR members’ current needs for health care coverage. Members can use it to research and compare a wide variety of health insurance and wellness products, including major medical, short-term medical, limited medical indemnity, dental coverage, and pharmacy savings. The Marketplace includes the existing NAR offerings of REALTORS® Core Health Insurance, REALTORS® Dental Insurance and Drug Card America (a free discount pharmacy drug card offering savings on select generic and name brand prescription drugs at pharmacies nationwide), and was designed to allow for the addition of new options in the future. Today, it also features two new insurance offerings for NAR members:
- A Major Medical Health Insurance Exchange featuring HMOs, PPOs, High Deductible (Catastrophic) Plans and plans that qualify for Health Savings Accounts (HSAs) through nationally recognized, top-rated insurance carriers.
- Short-Term Medical Insurance is designed to be an affordable temporary major medical policy which can last from 30 days to 6 months to provide coverage in the event of a gap between longer term policies
Note that for all plans, member eligibility varies by product. Terms, conditions and limitations apply, and availability may be based on state laws. The online marketplace includes details on availability of plans in your state.
To access plan and rate information, you’ll need your NAR membership (NRDS) ID number. (If you don’t know your NRDS ID number, you can look it up at https://reg.realtor.org/roreg.nsf/retrieveID?OpenForm.) With that number, you can browse insurance options at http://www.RealtorsInsuranceMarketplace.com and purchase coverage directly online, or you can learn more by calling (877) 267-3752. SASid representatives are available to personally consult with members on their individual insurance needs.
Investigate Other Types of Insurance Coverage
REALTORS® Insurance Marketplace is the latest addition to the REALTOR Benefits® Program, which includes other valuable insurance offerings for brokers and their agents:
- Errors & Omissions Coverage from Victor O. Schinnerer: Obtain coverage for errors and omissions at competitive rates—available for both firms and individual agents, and for a broad range of real estate specialties. Several premium credits are also available, as allowed by state law, including: a credit for being an NAR member; holding select NAR designations; continuing education; use of standard contracts; use of home warranties; risk management programs; and more. Learn how Victor O. Schinnerer can help protect you and your business at www.schinnerer.com/NAR.
- Auto/Home/Renters from Liberty Mutual Insurance: Protect your most valuable assets and your peace of mind by taking advantage of exclusive savings from NAR’s home, auto and renters insurance provider. Liberty Mutual offers
personalized coverage, multi-policy discounts, 24-hour claims
assistance and much more. Visit www.libertymutual.com/NAR to learn more. Qualifications and limitations may apply.
Explore a Wealth of Exclusive Offers
These are just a few of the many exclusive products and services available to REALTORS® through NAR’s REALTOR Benefits® Program. NAR has partnered with more than 30 companies recognized as leaders in their respective industries, including marketing, technology, financial services and personal protection, insurance, office services, education and travel to increase the value of NAR membership. All offer unique savings and added value on solutions that can help REALTORS® save time and money, gain a competitive edge and grow their business.
Bob Goldberg is the NAR senior vice president, Sales & Marketing, Business Development & Strategic Investments, Professional Development, Conventions.
Reprinted with permission from RISMedia. ©2013. All rights reserved.