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Are there any other carriers besides Admiral, Shenandoah, RNA and Sterling Investors that Wakely is the administrator for ?
Admiral Life Can Kiss My ***
- Thread starter senior-advisor-indiana
- Start date
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What's AIMC?
- Thread starter
- #24
- 11,280
AIMC had Lincoln Heritage also.
As far as Admiral goes.... They have gotten better. I have talked to agents that have no problems with UW at all. I have had them decline a few people that probably shouldn't have been. One case ther considered the prospect to have disabling arthritis because in the phone interview she said she uses a cane a lot. I called and said she didn't have DA and they said the client would have to pay for APS to get the decision reversed. So I sold a different company. I think they migth have 1 bad UW there.
As far as Admiral goes.... They have gotten better. I have talked to agents that have no problems with UW at all. I have had them decline a few people that probably shouldn't have been. One case ther considered the prospect to have disabling arthritis because in the phone interview she said she uses a cane a lot. I called and said she didn't have DA and they said the client would have to pay for APS to get the decision reversed. So I sold a different company. I think they migth have 1 bad UW there.
Mr supplemental
Expert
- 25
AIMC dropped my company's contract with Sterling, Admiral, and Royal Neighbors and gave no other reason than to say we can because our contract says we can. We have placed a lot of business on their books in the time we have had them. I'm at a loss to explain why they would all of a sudden term our company's contract and all our agents' contracts, and not refund the appointment fees, even though some of the appointments were very recent. It's a huge inconvenience.
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- #27
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Where are you from?
Mr supplemental
Expert
- 25
The great state of Mississipi.
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Mr supplemental
Expert
- 25
I was just trying to get a handle on whether we were dropped because of some problem with our FMO or whether it was a system wide problem with the company itself. Why else would they turn their noses up at the kind of business we were generating?
I wrote about 10 Admiral policies this last year. I had a small problem with an older husband and wife, but the Admiral underwriter helped me through it and got it issued. I am in a state that does Guarantee Issue each year on the policy anniversary date, so maybe that is why I haven't had any real issues. At the time they were the cheapest for the clients.
