Americo's NEW Nonsmoker Rates For Smokers

[Life Hawk]

I

 

[myinsurebiz]

goillini52 said: ↑
I

#weed

 

[goillini52]

Accidentally hit a key that posted before I was ready. LOL

 

[goillini52]

#weed

Most definitely.

 

[Baseball7]

Some of the age 50-59 rate increases put it nearly inline with Settlers Silver and Trans Standard

 

[suranceman]

I just spoke to Americo about this change. Boy did they *** up big time.

First, they will always give everyone a non tobacco price. For clients who smoke, and have no plan to quit smoking, they too will get non tobacco rates. Then when the 3 years is up, their face amount goes down. You simply cannot get a smoker to pay smoker rates from the get go. WTF?

Also, to prove they stopped smoking for 12 months, their current plan is for them to take a urine test. However, they did say they'll facilitate the urine test.

Bottom line: They are retarded, and this is easily the dumbest change I've ever seen an FE company make.

 

[Baseball7]

I don’t think they have any idea on how they’re going to verify someone’s quit smoking yet. Why on earth would you want to write someone a tobacco rate with eagle premier it’s easily the most expensive tobacco rate out here.

 

[Newby]

I just spoke to Americo about this change. Boy did they *** up big time.

First, they will always give everyone a non tobacco price. For clients who smoke, and have no plan to quit smoking, they too will get non tobacco rates. Then when the 3 years is up, their face amount goes down. You simply cannot get a smoker to pay smoker rates from the get go. WTF?

Also, to prove they stopped smoking for 12 months, their current plan is for them to take a urine test. However, they did say they'll facilitate the urine test.

Bottom line: They are retarded, and this is easily the dumbest change I've ever seen an FE company make.

What you have to do is look up the $10,000 smoker rate. Quote that. Then if they want that you see how much that premium will by as non-smokers, Sell them that. Then explain that for the first three years they will have extra coverage at no cost. Then it will adjust down to the $10,000 amount they wanted at the exact amount that you quoted for them.

Keeping it simple for 2021

 

[Baseball7]

They find a way to create this convoluted product variance but they still can’t get it to have accidental death in Pennsylvania.

 

[Rirwin]

This really sounds like they are trying to scam customers...