Americo's NEW Nonsmoker Rates For Smokers

[WinoBlues]

Here's their "Frequently Asked Questions" flier.

Document, Document, Document.

CNA Valley Forge had something similar. I think it was a Five Year. Year Six rolls up and they have to pee in a cup and Swear they do not smoke. Seems like there was some kind of contestability clause after. Do not really remember. I do remember the pissed of clients that had not stopped smoking.

 

[Migshannon]

I think it would have to be a "joint" effort...

Yes, there may be some "Twisting" involved.

 

[suranceman]

This type of change just begs for filthy agents to abuse it. All that is going to happen is *** agents will tell smokers they have a company that will issue them a non smoker rate if they one day stop smoking.

"You were thinking about quitting right Mrs. Jones? Of course you were. Oh and I'm not going to tell you this, but 3 years down the line when you haven't been smoke free for 12 months, your policy will be halved. Sign here."

They could have improved this product in many other ways that would actually be helpful. This isn't one of them.

 

[WinoBlues]

This type of change just begs for filthy agents to abuse it. All that is going to happen is *** agents will tell smokers they have a company that will issue them a non smoker rate if they one day stop smoking.

"You were thinking about quitting right Mrs. Jones? Of course you were. Oh and I'm not going to tell you this, but 3 years down the line when you haven't been smoke free for 12 months, your policy will be halved. Sign here."

They could have improved this product in many other ways that would actually be helpful. This isn't one of them.

Of Course this will only be for the 3% of FE prospects that are not Baptised Christians.

 

[FinalExpenseDojo.com]

All I know is that Americo used to be the worst FE carrier for smokers & now they are probably the best.

I'd rather get my client non smoker rates for 3 years then smoker rates from day 1. If they don't quit & end up with smoker rates anyways then it's just another way for us to be able to separate ourselves from the competition!

 

[Baseball7]

Maybe if they just had normal tobacco rates VS go from the lowest tobacco rates, to the worst, to this gimmick we’d not be so skeptical.

 

[Mattschmidt]

All I know is that Americo used to be the worst FE carrier for smokers & now they are probably the best.

I'd rather get my client non smoker rates for 3 years then smoker rates from day 1. If they don't quit & end up with smoker rates anyways then it's just another way for us to be able to separate ourselves from the competition!

You mean when 99% of the people don't stop smoking, and their policy gets changes in 3 years you'd be happy?

My not write someone as a smoker, and if they quit, re-write in future?

 

[Thedude]

So here is what will happen.

A bunch of americo agents are going to replace a bunch of business and the clients aren't going to stop smoking and they lose their DB.

 

[Mattschmidt]

So here is what will happen.

A bunch of americo agents are going to replace a bunch of business and the clients aren't going to stop smoking and they lose their DB.

That,and how many agents are ACTUALLY going to tell client about the 3 years to quit issue. That's a red flag to me

 

[m4ncsu]

All I know is that Americo used to be the worst FE carrier for smokers & now they are probably the best.

I'd rather get my client non smoker rates for 3 years then smoker rates from day 1. If they don't quit & end up with smoker rates anyways then it's just another way for us to be able to separate ourselves from the competition!

Americo has never been the best at anything. This is a horrible idea. I can write plenty of carriers that even with tobacco rating will be less than what americo offers.