- 30,589
Autistic age 17
- Thread starter Fechick
- Start date
- 4,872
Sons of Norway is $11.96.....SL is $40.32.
WOW! If Sons of Norway's rate is correct that means it would take 69.67 years to pay in what the face amount is....and for a GI at that. I guarantee they will be pulling this product off the market down the road or raising the rates significantly.
That's just another example of a company not knowing what they are doing.
- 30,589
If only all companies would be more like Senior Life, the world would be a much better place.
- 7,012
If he can sign, Nationwide should also work... at 1/3 of the price of Senior Life.
- 7,012
Or they know that most folks don't keep these policies for life...
- 4,872
OP said proposed insured could not sign, right?
- Thread starter
- #18
Fechick
Expert
- 80
Yes I did...she is nonverbal too
- 4,872
But if the proposed insured dies after the waiting period Sons of Norway takes a beating....unless proposed insured dies after having the policy for the 68.67 years! That means if the proposed insured dies before they are 84 years old Sons of Norway has taken a loss. Move over 5 Star....lol...there's another one coming!
Probability of the GI dyeing before they've had the policy for 68.67 years is pretty much guaranteed.
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- 4,872
Sons of Norway is $11.96.....SL is $40.32.
$11.96 for 10K for GI for 15 yr male? WOW!!! So what's the premium for 10k for a healthy 15 yr male?
