Update News for May 2006

Here is a quick run-down on what you will find in this bulletin:

• • FREE PDA Insurance Quote Button

     

    

  • Compulife will Pay up to Half Your MDRT registration

     

     

  • We’d Rather Pay You Than Get a Booth

     

     

  • Compulife Promotions for Your Meetings

     

     

  • Win a FREE used Palm PDA and One Year Subscription to Compulife

     

     

  • Compulife Offers The Low Cost Palm Zire 31

     

     

  • Newest Version of Palm Software

     

     

  • Try a Used Palm FREE for 30 Days

     

     

  • What’s Next for Compulife

     

     

  • QuickerQuoter for PDA Will Follow

     

     

  • Next Monthly Update

     

     

These topics will be dealt with in more detail throughout this bulletin. We would encourage you to read on.

FREE PDA Insurance Quote ButtonCompulife has just ordered a large quantity of 3 1/2″ pins which carry the message:

These are the same types of pins worn to support political candidates. The pins are intended to be worn by subscribers who carry a PDA with Compulife on it. The objective is to have a consumer see the pin and ask you about it.

The button is FREE to Compulife subscribers. Call to request your FREE button (800) 798-3488.

Compulife will Pay up to Half Your MDRT registrationIf you have a PDA and are using Compulife’s PDA software, and if you are planning to attend this year’s MDRT, Compulife is willing to pay up to one half of your $750 registration fee.

NOTE: The offer is limited to 20 subscribers.

Here is how it works:

You wear your PDA button at the MDRT which says:

Compulife provides you with 20 – SD memory cards loaded with our PDA software. You give the cards to other MDRT members for FREE. Compulife pays you $17.50 for each card that you give away.

Here are the conditions in order to be able to give out the card:

1. The MDRT member that you give the card to must have their PDA with them. No PDA, no card!

2. The MDRT member must not already have Compulife.

3. When you give the SD card you need to make sure that they can make Compulife work on the PDA. Show them how it works.

4. Record the name and e-mail address of the person that you give the SD card to.

NOTE: Each person you give a card to will then be sent a 30 day trial of Compulife with the ability to extend that to a 4 month FREE subscription.

IMPORTANT: If you cannot give the member an SD card, for any of the above reasons, feel free to take their business card and request a 30 day trial on their behalf. If you ask for the trial, and if the trial user completes the Dare to Compare challenge, Compulife will give you a $10 credit toward your next purchase of Compulife. There is NO limit on the number of $10 referral credits that you can earn.

NOTE: the SD card compensation is paid to you as cash.

Once again, each card that you give away entitles you to $17.50 cash from Compulife. To claim the compensation you must return the unused cards together with a list of e-mail addresses and names of those that you gave the SD cards to.

For example, if you gave away 10 cards, then you will send Compulife the remaining 10 cards and the 10 names and e-mail addresses for those you gave cards to. Compulife will send you a check for $175.

We’d Rather Pay You Than Get a BoothA booth at MDRT costs about $5,000. That does not include the cost of travel, cost of accommodation or the time spent. Altogether we think our total cost to have a booth at MDRT is between 8 and 10 thousand dollars. We would rather pay our subscribers to promote our services. Under this proposal, if we can get 20 members to give away 20 cards, the total cost is $7,500 plus the cost of the 400 SD cards.

We would rather give our subscribers the cash providing that those subscribers are willing to help us. What do you think?

If you are planning to attend MDRT, and are willing to help us with this, please call Bob Barney at 888-798-3488.

Compulife Promotions for Your MeetingsCompulife would be happy to talk to any subscriber who is planning on attending or organizing meetings where there will be other agents.

We are prepared to provide PDA door prizes, SD cards with Compulife and/or incentive/discounts for those who attend the meeting. If you have such a meeting coming up, and you would like to work with us, please give Compulife a call. We’d would like to discuss what we might be able to do for you.

Once again, call Bob Barney at 888-798-3488.

Win a Free Palm PDA and One Year Subscription to CompulifeDuring the month of May there is a contest at:

www.americaninsurancebroker.comEach person who becomes a new member of the message board during May (membership is FREE), and who makes a first posting to the board, will automatically be entered into the contest draw. At the end of May the winner will receive a Palm Zire 31 PDA from Compulife and a FREE 12 month subscription. If you are already a Compulife subscriber, the 12 months will be added to the end of your current subscription.

If you are already a member of the board, and you use Compulife’s PDA software, there is another upcoming contest where you too can win a FREE one year subscription to Compulife. That contest will award prizes for the best stories related to the use of Compulife on PDA’s with consumers. You can look for that announcement on the message board:

www.americaninsurancebroker.comCompulife Offers The Low Cost Palm Zire 31Compulife has purchased a large lot of Palm Zire 31 PDAs so cheap that we are able to offer them to you for ONLY $74 each.

The Zire 31 comes with a backlit/color screen. The processor is actually faster than the Tungsten E. The screen is a little smaller that the Tungsten E but the same size as a Treo 650 phone. We have sold a number of the Zire 31’s already and their new owners like them. These are a great deal.

Combined with our low pricing for an SD card, SD adapter and shipping, a complete Palm system is ONLY $99.

If you don’t have a PDA, WHY NOT?

Remember, the PDA software is free with your subscription to Compulife. If you’re not using it then you’re missing out.

You can test drive any Palm you buy from Compulife for 30 days. If you decide you don’t want it you can return it for a full credit. You don’t pay for 30 days – providing that you are a PAID Compulife subscriber. Trial users have to pay for the Palm in advance in order to receive it.

Newest Version of Palm SoftwareDuring April we again improved the user interface for the Palm. Compulife on the Palm can be operated without the need for a stylus.

In the April improvements we changed the state and product category selection options to use separate screens that now accept right and left buttons as page up and page down screens. This will let you move around much more quickly to identify your selection.

We have also reorganized the client entry screen to be more attractive and logical.

If you are using the Palm software, give your stylus a rest and try operating the software with just the 5 way button on the bottom. If you get stuck, give us a call and we’ll help you with it. Once you learn it, your stylus will be redundant.

Try a Palm FREE for 30 DaysThe following offer is available to Compulife subscribers who are “paid” subscribers. This means that those who have obtained a FREE subscription through the “Dare to Compare” challenge may not take advantage of this special deal.

You can order a Palm from Compulife and you do not have to pay for 30 days.

MORE IMPORTANT: If you wish to return the equipment at the end of 30 days, you will receive a full credit including the original shipping charge.

If you don’t believe us when we say that the Palm is a great prospecting tool, this is your chance to find out. Get the Palm and carry it with you for 30 days. If it is of no use to you just return it.

CONDITIONS:

1. You are responsible for the cost of returning the PDA and/or accessories.

2. The Palm LCD screen must not be “broken”. In other words, don’t drop the Palm and make sure you pack it carefully when you return it.

3. This offer is subject to availability of Palms. Currently we have about 150 units in stock and we continue to add as we are able. If there is a run on our current stock, this offer will be based upon first come, first served.

What’s Next for CompulifeWe are now modifying the Windows Mobile software to use the same 5 way rocker button functions that we have enabled in the Palm. When completed, it won’t matter if you are a Palm or Windows Mobile device, both will work exactly the same.

Once that work is complete, we will then add a single company and product look up function to the bottom of the PDA screen. Instead of just a “compare now” button, there will be a second button called “quote product”. The left rocker button will choose that option.

When you click on “quote product” a list of companies will appear. When you locate and click on the company that you want, a list of the products for that company will appear. When you click on the product, the single product display will appear. This will be the same screen that appears when you click on a product in the comparison results.

Once that is working we will enhance the single product display to give you more information about the individual product. You will be able to view all the modal premium options, the various health categories/premiums, etc.

QuickerQuoter for PDA Will FollowOnce the above mentioned functions are complete, Compulife will turn its attention to introducing a variation of our PDA software called QuickerQuoter. QuickerQuoter is a single company quote system that we will be providing to life companies for FREE.

When we first rolled out the Windows version of QuickerQuoter there wasn’t a great deal of interest because most companies already have Windows quote software and most have already made substantial investments in that software.

By contrast, most companies do not have PDA quoting software. Compulife will provide that software to companies for free. We have already received preliminary interest in QuickerQuoter from a handful of life insurance companies.

There is a catch for life companies to get the software. Compulife will provide the new PDA QuickerQuoter programs to life companies who are helpful in providing assistance to Compulife. While this includes things like providing rate tables and information about products, we are now asking for one more area of assistance that a company must provide to Compulife in order to obtain the PDA software. The company must be willing to provide current copies of their PDF forms.

If you want more information about the forms library or the Quickerquoter PDA software, give Bob Barney a call at (888) 798-3488.

Dueling Web SitesFor those who update by Internet, Compulife has gone to great lengths to provide you with redundancy in our web sites. Our main web site is:

www.compulife.comHowever, we keep three completely separate web sites, on three completely different servers, at:

www.compulife.us     or     www.compulife.cc     or     www.compulife.caWhatever we update to compulife.com, we are also updating to compulife.ca, compulife.us and compulife.cc. If one web site goes down, for whatever reason, either of the other three are ready to serve you.

For those doing monthly updates by Internet, we rely on three other web sites to supply monthly updates. These are automatically checked and used by our automatic Internet update software.

Next Monthly UpdateWe plan to post the June 2006 Internet monthly update to our six monthly update web sites on Wednesday, May 31, 2006.

The disk update will be processed Wednesday, May 31st and the disks will be shipped on that day. You should have the disk update by Friday, June 2nd.

Returning Monthly Disk UpdatesIf you are receiving monthly updates by disk, make sure you return your previous months updates.

Also note, for those receiving updates by disks, you must switch over to Internet updates by the end of December 2006. Disk service will not be offered for January 2007 and following.

But we would encourage you to not wait until December 2006 to make the change because not only will you eliminate the expense and hassle of returning disks, it costs much less to get updates by Internet.

To switch to Internet monthly updates, go to our web page www.compulife.com and select the second menu choice “Application/License Agreements” Under the section “Application / License Agreements” you will need to select and complete a new License Agreement for the type of license that you have. Indicate on the application form, under “payment option”, that this is a “CHANGE“. After you have printed the new application agreement, please read it, especially the part where you agree that you have successfully downloaded and processed our “mid-month updates”. If you haven’t done that before, call us and we’ll be happy to step you through the procedure. It’s easy.