Americo 40% Presidential ?

[Pawnature]

I know Americo's Ultra III is 40 %. Does anyone have a ballpark of what Presidential's Graded Benefit commission is.

 

[Mark]

50% street level

There are a lot of other companies that offer much higher commissions, but the G.I. askes a few questions.

Presidential Life is very slow in contracting and to issue business.

You can get double the commissions with United Home Life or American Amicable on their Graded Product but it ask a few questions like do you have aids or on oxygen etc.

 

[Pawnature]

Thanks Mark. That was my only option for this lady. 63 wanted a 10000 policy. She had a stroke along with other complication about 4 months ago, and had no assets other than her home which is paid for, and she wanted that to go to her daughter. I just hated giving up $800 commission..

 

[jdeasy]

Thanks Mark. That was my only option for this lady. 63 wanted a 10000 policy. She had a stroke along with other complication about 4 months ago, and had no assets other than her home which is paid for, and she wanted that to go to her daughter. I just hated giving up $800 commission..

That's not her only option. A 63 year old female can get a $10,000 GI policy with MoO for $42/mo.

 

[360]

You could also sell her a 15 pay graded with LH.

 

[irish1098]

That's not her only option. A 63 year old female can get a $10,000 GI policy with MoO for $42/mo.

Whats the name of the GI policy with MoO? I can't find it in the software.

 

[jdeasy]

Whats the name of the GI policy with MoO? I can't find it in the software.

The call it "Graded Benefit Whole Life Insurance". It can only be sold by captive MoO agents or by calling MoO direct and signing up.

The number is; 1-800-801-5207