Admiral Life Can Kiss My ***

[Superchief]

Indiana!

Admiral huh? Surely you have access to some better carriers than that!

I've been writing all my med supp business lately with RNA & Shenandoah; both are administered by Wakeley amd I have to say extremely efficient. The only thing that bugs me about RNA is that they close at noon on Friday! Sometimes inconvenient.

 

[senior-advisor-indiana]

Admiral is administered by Wakely also. They are cheaper than RNA and Shenandoah. Or else I would be writing them. Admiral cannot complete a phone interview after 5pm. I have a guy still waiting to get issued. Its been about 3 weeks.

 

[Superchief]

Wakeley too huh? Cheaper isn't always best!

PS. Why ain't you out having fun on a Friday night?

 

[senior-advisor-indiana]

I have 2 party's tomorrow night. Saving myslef for then. If cheaper isnt the best then why are you selling those companies? Actually it seems Admiral's underwriting is more strict thna those other companies. I am not defending Admiral though. I hope nother company comes out soon that can beat there price. Well I might just start selling United World anyway.

 

[Superchief]

They ain't the CHEAPEST in Texas right now, but they're definately in the top 5. Service is good too.

RNA is one of the stricter I've seen in a while. Shenandoah is a lil looser.

 

[senior-advisor-indiana]

RNA is getting a HUGE Increase ...around 15% in IN.

 

[Superchief]

Huge? Sure it's above normal for the most part, but most of the companies in Texas the past year or two have been taking 12 to 31%.

31%!!! Now that's huge!

I mean dayum... Mutual down here just took what... ? 17 I think!

 

[senior-advisor-indiana]

Huge? Sure it's above normal for the most part, but most of the companies in Texas the past year or two have been taking 12 to 31%.

31%!!! Now that's huge!

I mean dayum... Mutual down here just took what... ? 17 I think!

Mutual is an old company though. 17% isn't bad if its only 2% more than a new company. I am not trying to say what company is best because I dont know and neither do you. Med supps is basically on price. I don't see how else you could look at it. Show me a company that has a plan that has been out 6 years that hasn't had double digit increases.

 

[Cenla Agent]

Any more opinions on Admiral?

 

[retread]

No, but I will comment on Wakely... I got a POS the other day using them for a Sterling Investors MS. This client was in a GI status having dropped Sterling to go to a MA and wanted back (< 12mos). Data processor said not GI, I said Yes they were and read the policy, chapter and verse. Data processor said, "I will check with my supervisor", and comes back saying I was right. When it gets to plan and premium, she says, "Can't have old plan back because it is G and she can only have blah, blah, and F. Said let's go with F (customer has already paid yearly deductible), and we conclude, and commenting "no interview (with underwriting) necessary". I agree because I know where we stand.

I have received about 4 calls in the interim from different people in underwriting, wanting items they already had accepted. In the meantime, I asked for an email address (I wanted to have these issues in writing) but they said "We do not have email access. We can only fax"! I said, good, then fax this to me.... I haven't heard from them since.

I advise agents demand faxed questions and responses to establish a paper trail. I am getting the impression these people are trying to squirm out of accepting a guaranteed issue renewal. Why else are they so reluctant to conduct business in writing?