Company Research Report: Innovative Financial Group (IFG)
Company Overview
Name
Innovative Financial Group (IFG)
Mission of the Company
To provide unparalleled support and superior customer service to all our clients through a needs-based approach to insurance.
Founded
January 25th, 2014
Founders
No information available
Key People in the Company
No information available
Headquarters
3147 S 17th Street, Suite 300, Wilmington, NC 28412
Number of Employees
No information available
Revenue
No information available
What is the Company Known For
Innovative Financial Group is known for its client-centric insurance brokerage services, focusing on Medicare, Life Insurance, and Retirement Planning. It is one of the fastest-growing insurance brokerages in the country.
Products
Medicare
High-Level Description
Original Medicare, Part A and B, pays for many health-care services and supplies but doesn't cover everything. IFG offers Medicare Supplement plans (Medigap) to help cover additional costs.
Key Features
- Part A (Hospital Insurance): Covers inpatient care, skilled nursing facility care, hospice care, and home health care.
- Part B (Medical Insurance): Covers services from doctors, outpatient care, home health care, durable medical equipment, and preventive services.
- Part C (Medical Advantage): Bundled plans including Part A, Part B, and usually Part D, sometimes with additional benefits.
- Part D (Prescription Drugs): Covers the cost of prescription drugs, including many recommended shots or vaccines.
Life Insurance
High-Level Description
IFG offers various life insurance products tailored to meet individual needs.
Key Features
- Final Expense Insurance: Covers end-of-life expenses; no medical exam required, tax-free benefit, builds cash value.
- Mortgage Protection: Ensures the house payment is covered in case of unexpected death or disability; options include death, disability, critical, chronic, and terminal illness coverage.
Retirement Planning
High-Level Description
IFG provides tailored retirement planning solutions to help clients achieve their financial goals.
Key Features
- Tax-Free Retirement Annuities: A steady stream of income during retirement; funds accrue on a tax-deferred basis.
- Social Security Optimization: Helps clients maximize their retirement income by navigating over 700 different Social Security Strategies.
Recent Developments
Recent Developments in the Company
- Ranked No. 78 on the 2022 Inc. 5000 list of fastest-growing private companies in America.
- Continuing to attract new clients with their needs-based approach.
New Products Launched
No information available
New Features Added to Existing Products
No information available
New Partnerships
- Foresters Financial announced "Fund Your Dreams" cash incentive program.
- Broker incentives with Humana for Medicare Supp plans submitted and approved from January to March 2023.
Contact Information
Home Office:
3147 S 17th Street, Suite 300, Wilmington, NC 28412
Local: 910-834-6410
Toll-Free: 888-200-1777 | TTY 711
Office Hours: Monday - Friday | 9 am to 5 pm, ET
Email Contacts:
- ACA Contracting: aca@teamifg.com
- Commissions: commissions@teamifg.com
- Life Contracting: contracting@teamifg.com
- Medicare Contracting: mapd@teamifg.com
- Marketing / Creative: marketing@teamifg.com
- Reporting: reporting@teamifg.com
- Customer Service: support@teamifg.com
- SunFire Support: sunfiresupport@teamifg.com
- Technology: techteam@teamifg.com
Social Media:
Visit their Facebook Community: Innovative & Friends