Alternate To RNA's Essential WL

[Rearden]

Looking to get my RNA contract released, but wondered what you guys would suggest using in place to RNA's Essential Life WL product, for those that want more than your typical FE sale, and have the health to qualify.

Thanks.

 

[Jerard]

Looking to get my RNA contract released, but wondered what you guys would suggest using in place to RNA's Essential Life WL product, for those that want more than your typical FE sale, and have the health to qualify.

I would like to know this as well. However, if the person you want to cover has a crapload of kids then UHL's Provider would be an alternative. Now RNA beats UHL hands down on premium for one person, but if you have someone that also wants to cover their kids and they're on a tight budget then the "break even point" is 1 kid.

OK...that didn't make sense even to me. Let me 'splain, Lucy. Next week I'm seeing a woman that's 33 (NS) with 5 kids. RNA would be 21.16 for 25K (EL-WL), and UHL would be 28.95 for the same 25K. But.....if she can't afford 7 or 8 bucks each for 5 separate plans for the kids she can add a CTR for 2.18 for each 5K she wants on the rugrats. So if she want's 10K on her kids that's 33.31 for the whole family. With RNA and 5 separate plans it would be over 60 bucks. And since most of the people I see can't afford film for a digital camera this works for me.

 

[rousemark]

I use UNL's underwritten plan for amounts up to 125K total face. No medical exam, no oral, swab of specimens. You can write it in any combination of WL and term to 60. Makes a nice presentation when you use 25K WL with 25K Term to 60. "You have heard of life insurance that pays double for accidental death?" "Well this plan will pay double for any type death up to age 60" You can add child term, spouse term, ADB and WP. Direct contracts. Unusual pay scale. Only 80% first year but pays 49% second year. The main reason I started using them was I was already writing their cancer.

 

[Newby]

We offer a good contract with Cincinnati Life's fully underwritten WL. I haven't used them yet but Brad Aden likes them.

I've been testing out Motorists WL with nothing good to report. Can't get any Seniors approved through them.

 

[Mattschmidt]

MetLife has a well priced while life product for the healthy people. Dont know how many healthy people you come across that would medically qualify, but hey have good rates. Great comp as well. I offer contract if needed

 

[Newby]

MetLife has a well priced while life product for the healthy people. Dont know how many healthy people you come across that would medically qualify, but hey have good rates. Great comp as well. I offer contract if needed

How low of face amount do they go?

 

[Jerard]

I use UNL's underwritten plan for amounts up to 125K total face. No medical exam, no oral, swab of specimens. You can write it in any combination of WL and term to 60. Makes a nice presentation when you use 25K WL with 25K Term to 60. "You have heard of life insurance that pays double for accidental death?" "Well this plan will pay double for any type death up to age 60" You can add child term, spouse term, ADB and WP. Direct contracts. Unusual pay scale. Only 80% first year but pays 49% second year. The main reason I started using them was I was already writing their cancer.

This sounds good. But who is UNL? I've searched and can't find anything but the acronym.

Edit: Nevermind, I found it (Doh).

 

[Justin Bilyj]

Anyone compare ANICO or TransAmerica?

 

[Mattschmidt]

How low of face amount do they go?

The lowest I have written is $10,000...NOT 100% sure they go lower than that... I like to present Participating whole life products to the healthy people...It provides some nice options that the SIWL products don't...

 

[Todd King]

CSA will go down to $10K.

In the example of the 33 year old fem above, the $25K on her would be $20.19 per month. They don't do a child rider though.