Aetna is Launching It's New Final Expense with Instant Phone Approval

Discussion in 'Final Expense Forum' started by insurancesp, Oct 16, 2013.

  1. Paradigm
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    Actually 8000 at 105 is 8400

    8000 at 70 is 5600

    If they mail 7000 at 400 per 1000 that's 2800

    Added together that is 8400

    Basically a wash and all you do is call leads

    It's an interesting way to enter final expense with no risk
     
  2. Newby
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    But there is no way you could close as many leads if you could only offer Am Cont.

    Some would not be priced well. Others would be penalized due to underwriting questions.
     
  3. Paradigm
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    It's does say with fsi carriers do most final expense carriers allow multiple apptmt with more than one fmo as life carriers often do?
     
  4. moonlightandmargaritas
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    Tom, be careful. You're running the risk of forum management saying you are too "negative".
    ;)
     
  5. goillini52
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    If you're independent, you can get appointed with different carriers through as many FMOs as you want.
     
  6. Paradigm
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    The question was could u be appointed with Aetna amer continental or monumental with more than one organization and have more than one writing # with the same carrier. For example u have a lower contract through one fmo because they give u leads but for your self generated referrals you write the same carrier through another fmo at a higher contract?
     
  7. liorselamb
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    Some carriers allow it. Lincoln Financial group does (for example). Some don't

    Lior Sela
     
  8. goillini52
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    I wouldn't think so. Most carriers won't let you contract with another FMO without a release from the old one. I know American Cont. won't.
     
    Last edited: Oct 20, 2013
  9. Paradigm
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    I know for instance the
    Larger carriers do like American General and genworth however ING won't didnt know how it worked with final expense.
     
  10. goillini52
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    I've had different writing #'s for different products within the same company...but they were still through the same FMO. American Continental also has Medicare Supplements. I tried to get a release from the FMO I have ACI through and couldn't(talk about worthless), and when they came out with the FE I had to use the same FMO.:mad:
     
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