AIDS (HIV Positive)

[rdodger32]

Yea, I do have some reservations. The coverage is through USA benefits group underwritten by Metropolitan life. (Term to age 85)

First off like I SAID its underwritten by Transamerican ( not met life) read before you post.
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I believe he is referring to ABA as American Benefits Association...They had an identical plan this summer, underwritten by Mutual of Omaha...the rates went up every 5 years, and I think at age 70, the Benefit amount decreased....My problem with ABA was after releasing the product, 2 months later they canceled it...I wrote 3 policies, and had to explain to people and it was a headache...I have a feeling this new transamerica deal will fall thru in about a month..It appears they just want to collect a bunch of premiums, hope the clients don't die, then cancel the plans, and ride off into the sunset

NOPE NOPE NOPE this is not that plan at all American Benefits Association has been around since 1999, underwritten by Transamerica, no decrease in benefits coverage till age 100 rate is fixed after age 79.
ABA didn't cancel the policy MOO did because some agents were selling out side dialysis centers (maybe you too) and had to pay claims
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The key is to sell the other benefits of the Association, refer a lawyer, helicopter benefit, sickness benefit, nurse on call, as part of the premium payments. They have a pretty solid warranty plan in some states as well.

So gorgon USA is ok because YOU signed on with them but ABA is not! I should only listen to you from now since you know it all!
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At what age does it terminate? Are the rates guaranteed life time? Is this an Association?

Rates increase in 5 year increments, to age 100 yes American benefits Association

 

[gordon112]

First off like I SAID its underwritten by Transamerican ( not met life) read before you post.
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NOPE NOPE NOPE this is not that plan at all American Benefits Association has been around since 1999, underwritten by Transamerica, no decrease in benefits coverage till age 100 rate is fixed after age 79.
ABA didn't cancel the policy MOO did because some agents were selling out side dialysis centers (maybe you too) and had to pay claims
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So gorgon USA is ok because YOU signed on with them but ABA is not! I should only listen to you from now since you know it all!
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Rates increase in 5 year increments, to age 100 yes American benefits Association

I am not a fan of most Associations, but this one (USA benefits) has been around for a while. That's why I would prefer them over others. I have signed up with them but I don't necessarlly think it is always the best option. I believe in the benefits over just the term coverage. If I want to get a client Life coverage, I am going to shop for the best rate for them. If they like the benefits of USA I am going let them know what they offer.

 

[Mattschmidt]

The plan he is talking about is affiliated with American Benefits association...Spoke with Transamerica, and ABA is the only place offering this( Transamerica hasn't received the premiums they thought they would, and may end the partnership in the future)...At age 65, there is 35% reduction rate, and then at age 70 it decreases to 50% of original face amount...Feel free to PM and I will get you the information...Jdodger32 is just a little off base with this one...

 

[WinoBlues]

The plan he is talking about is affiliated with American Benefits association...Spoke with Transamerica, and ABA is the only place offering this( Transamerica hasn't received the premiums they thought they would, and may end the partnership in the future)...At age 65, there is 35% reduction rate, and then at age 70 it decreases to 50% of original face amount...Feel free to PM and I will get you the information...Jdodger32 is just a little off base with this one...

I too have had to explain why the associated plan terminated. Burn me once shame on you, burn me twice shame me. If it is not guaranteed it does not count.