Assurity Questions

[WinoBlues]

I personally feel Sagicor is a little looser than Assurity Life.

Seems that over last couple of years, Assurity Life has really tighten their underwriting. Not to mention the brutal PHI's where they drill the client.

Sagicor is slowly becoming a go to company

Second the slowly. I have had them since about 08. They came on strong pushing for business than like a lot of companies could not handle it. So I shelved them. Last year they were paper app only and everything was solid. When they rolled out the EApp it was a little glitchy and clients had some trouble finding the correct buttons. But they have been proactive on the up grade to the system. They staffing was spotty and we learned who to talk to. My favorite underwriter is not there anymore.

 

[inreverse]

Where does Americos term fit into the mix,as compared to UHL, and Assurity?
Does Americo offer a convertible SI term product?

 

[WinoBlues]

Where does Americos term fit into the mix,as compared to UHL, and Assurity?
Does Americo offer a convertible SI term product?

They are a closer match to UHL than than Assurity underwriting and price wise. can go to $400,000 or is it $450,000 with just a swab. Big draw back with UHL is they are limited on the amount.

My comp is higher with Americo

 

[pcbinsurance]

Another reason I like Sagicor, My Sagicor first year comp is higher than Assurity.
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You get 120% on Sagicor?

 

[Newby]

Another reason I like Sagicor, My Sagicor first year comp is higher than Assurity. ********************** You get 120% on Sagicor?

That's what I was just thinking. I may have to give Sagicor another try. I wasn't thinking their comp was that high. He either has a less than normal Assurity contract or Sagicor pays more than I was thinking.

 

[TPAAgent]

Assuritys POS for FE is ass

I got word last week from my IMO they are making changes to the 350 non med.. Cant remember what it was.. possibly a reduction of the face on the non med

 

[WinoBlues]

Another reason I like Sagicor, My Sagicor first year comp is higher than Assurity.
**********************
You get 120% on Sagicor?

You are asking on Term, correct?

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That's what I was just thinking. I may have to give Sagicor another try. I wasn't thinking their comp was that high. He either has a less than normal Assurity contract or Sagicor pays more than I was thinking.

Now I need to check in a bit when I go the in doors office. We are talking term, right?

 

[pcbinsurance]

Yessir....I didn't think Sagicor does FE....or do they?

 

[WinoBlues]

Yessir....I didn't think Sagicor does FE....or do they?

I believe they used to. I will check. If they do it with the same eapp system that would be a good option for me.

 

[TwiLight]

Another reason I like Sagicor, My Sagicor first year comp is higher than Assurity.
**********************
You get 120% on Sagicor?

You are not talking about any product at Sagicor at that comp.

95% FYC is the Company Advertised Street for 20 Year Term submitted Electronically on the eApp Underwriting platform. 90% FYC for paper apps.

The GUL/NLUL is 100% FYC on eApp and 85% FYC for paper apps.

Anything above Street has previous production requirements and commitments. As an IMO for them, we cannot comment on any higher commission rates publicly.