AIG Guaranteed

[WinoBlues]

It would depend on what they bring to the table.

2-4 GI cases a month.

 

[goillini52]

It would depend on what they bring to the table.

Nice sidestep. Are you going to get into politics?

 

[tribetime32]

Looking to get contracted for the AIG guaranteed issue product... Put in my app with Crowe & Associates in February...terrible process lol...Who wants lots of production under them for this product?

It seems that not even AIG wants your business. You will find that very rarely do they draft correctly and they are very difficult to deal with. I recommend finding a company that does graded or modified and does true social security billing.

 

[BibH]

I 100% agree . And never write direct express with them as it's 90% going to lapse . Who's a Gi or graded company that's does ss billing or takes credit or debit cards ?

 

[Baseball7]

Prosperity, I'd write Prosperity modified over Aig/gerber

 

[goillini52]

Prosperity, I'd write Prosperity modified over Aig/gerber

At almost double the price?

 

[NSRH]

At almost double the price?

Price doesn't matter.

Agents who are full time in the business know this.

 

[goillini52]

Price doesn't matter.

Agents who are full time in the business know this.

To an extent yes...but not double. Easy replacement. I think most people would be pissed to find out that they were paying twice as much, or that they could've had twice as much coverage.

 

[Baseball7]

This common perception that you're going to be replaced comes from the fact that independent agents often replace captive business. But I can't recall a time I was ethically replaced. The overall persistency with the guaranteed issue companies is just so atrocious putting them on Social Security billing give them a far better chance of actually having insurance. now find me a situation where six, nine, 12 months into said modified policy replacement is actually ethical.

Also,

Amam graded and modified isn't that far off the GI prices.

 

[goillini52]

This common perception that you're going to be replaced comes from the fact that independent agents often replace captive business. But I can't recall a time I was ethically replaced. The overall persistency with the guaranteed issue companies is just so atrocious putting them on Social Security billing give them a far better chance of actually having insurance. now find me a situation where six, nine, 12 months into said modified policy replacement is actually ethical.

Also,

Amam graded and modified isn't that far off the GI prices.

I thought the SS billing would be your reason.