Bankers at It Again Trying to Sell Plan N

[plannerman]

I just received a call from a client and apparently I am uninformed. This BL agent is telling everyone that plan F,G and C are going away in 2017. Also these plans will have an excise tax of 15% if you keep them, wait which one is it haha. I saw some old old legislation about the surtax etc but nothing is going into place Jan 2017 is it?

Of course the solution is that one should drop their current plan and pick up a super awesome plan N with BL.

 

[Midlevel]

Do most of you turn in Agents who are using illegal advertising, etc? Have been hearing ads saying they are Medicare Specialists, websites having no disclosures at all when talking about MA and PDP. Just seems most are ignoring any Marketing rules and wonder if any are getting dinged.

 

[yogooglethis]

I just received a call from a client and apparently I am uninformed. This BL agent is telling everyone that plan F,G and C are going away in 2017. Also these plans will have an excise tax of 15% if you keep them, wait which one is it haha. I saw some old old legislation about the surtax etc but nothing is going into place Jan 2017 is it?

Of course the solution is that one should drop their current plan and pick up a super awesome plan N with BL.

In 2010 BL was using fear to sell telling consumers they needed to get the new modernized plans or the world would end - they are scumbags who would lie to their own mothers to sell a policy.

 

[Brad Blosser]

I remember all the way back in 1997 when I was working with Combined Insurance Co. and we had a guy come to work for us and went through the 2 week long training program just so he could steal a bunch of our insurance renewal forms for our accidental Indemnity plan so he could sell them BL life policies because he had a hard time getting decent leads through BL. I found out about it by going to a client that I had renewed for years and said this guy came to his house and showed him his policy and told him he didn't need it any more that what he really needed was a BL life policy and it would cover him the same way the Combined Accident indemnity policy would. I had him write up a deposition and took it to legal at Combined and they fried his asterisk with the WA Insurance Commissioners office and sued him and BL for theft and tarnishing the reputation of Combined. BL will never change it's tactics and will always be unethical and train it's employees to be unethical and I don't know why all the IC's in the country don't just ban them from the industry.