Its not our job to speculate wether they understand the questions are not unless they ask us to clarify a question.Unless we suspect dementia are a memory problem are job is to read the questions word for word off the app and not interpret what they mean end of story. Do you think the phone operators who take 100's of thousands of apps a yr from online are tele sales do anything but read the questions?
Agent Lied About Tobacco
- Thread starter Klutch
- Start date
Not intentionally....
However, there have been several others imply in this thread and in other threads that companies do not contest small FE claims.. My experience is they are just as quick to contest a small claim as a larger claim.
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We agree on this one.. However, the problem with agents in the house is they often take shortcuts becasue they are in a hurry to get out of the house.. They ask something along the line, "You are in good health aren't you?' while vigorously shaking their head yes.. When the client nods their head affirmative, The agent checks all the no blocks.. something along the line of "no, no, never, none. Had the flu in '51".
Tele operators can't do that as their interviews are all recorded. And, with the FE apps it is getting harder with the number of companies doing POS,MIB and RX checks.. The truth is the agents i am talking about are the reason the company spends all that money doing those checks.. And, there are many of those clean sheeting agents still around. You see posts on the forum from them wanting to know which companies do not do POS, MID or RX..
- 6,134
Question. ... if the company returns the premium if they die in the first two years, technically if someone was writing security national graded (2 year rop).... they could say no to smoking even if they smoked. If they die, they are only getting money back anyways. Not saying this is ethical or should be done, but it could easily since snl doesn't check mib anyways.
- 7,012
Tommy is shaking his head lol.
- 6,134
Not only snl. Any rop carrier
- 8,707
That's like Bill Clinton didn't think a little oral was having sex.
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Here is a difference for you if they rescind a policy your commission is going too.
They only get what they paid back.. They would not get the +10% the ROP pays. Plus. if a majority of their agents made a real habit of it you would be looking at SNl raising rates because the of an increase in mortality over what was projected when setting the rates.
That's whats funny about snl's rop. For a nonsmoker its priced like gerber and for a smoker its very expensive.I see no reason to write down all the rx's if they check the rx anyway. To answer yes to over 3 questions you're very sick. Gooner said it took a month to pay a 4 month old rop claim which is outrageous as its simply rop. So my next question is will snl do an investigation on a 15 month old rop claim? lol
Since the policy was issued on the bases of questions asked and was not GI, the answer would be yes in many cases.. They are required to not pay undeserved claims. Plus, that gives them a way of finding bad agents and weeding them out.
When you put RX on the applications, that makes them a part of the contract. If you fail to put them on it as requested, you are violating company policy. Plus, when it turns up on the script check and it is not on the application, it makes it look like either the client or the agent is hiding something and can result in extra scrutiny and delayed issue.
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Companies contest 100% of contestable claims. No matter the face amount. They will tell you that themselves. Not just life, disability in the contestable period is contested 100% of the time. The companies will tell you that too.
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