Called TransAmerica This Morning

[ZackMorris]

RNA is fine with Neuroapthy. Prosperity is not.

I think suranceman meant to reply to Baseball7.

 

[suranceman]

Did you mean to quote me on this? I'm not even contracted with Prosperity.

Hereis the RNA medical questions on the FE app:

View attachment 5806

Ya I messed up. I for some reason thought I was replying to Baseball.

 

[Baseball7]

I know what it says
I know what they teach
And I know what they issue. Neuropathy goes level with Prosperity.

 

[suranceman]

I know what it says
I know what they teach
And I know what they issue. Neuropathy goes level with Prosperity.

Their agent guide clearly says modified. Just because you get clients to lie does not mean it's a sanctioned action.

Not one of your neuropathy clients will have a paid claim if they die in the first 2 years.

Not sure how you sleep at night doing business like that.

 

[rousemark]

They're not going to spend $1 billion to release new product only to stop selling it. But they clearly want less business and a healthier more reliable applicant.

I know we are not talking about $1billion but look at the money NGL pumped into Settlers marketing only to shut it down..

 

[rousemark]

A company as big as Transamerica needs a pain in the ass FE division like it needs a hole in the head. If this new product doesn't bring sufficient margins, they'll shut it down for good..
Maybe time look to smaller outfits like KSKJ (I'm not appointed) that want and need your business. Trans don't care anymore, maybe you shouldn't either.

Trans is so big, I think their HO culture is the agents can't do without us. Would not be the first company to make that mistake.

 

[PA Bill]

Trans is so big, I think their HO culture is the agents can't do without us. Would not be the first company to make that mistake.

I reckon the suits say we smell like Walmart. *** them.

 

[goillini52]

I reckon the suits say we smell like Walmart. *** them.

I know I smell like Walmart...I just left there.

 

[TripleH]

If it costs them $1 Billion to issue a product they know will die on the vine to save them $5 Billion over the next 10 years they would. Wouldn't be the first company to spend a billion to save two billion, would it?

Also unlikely that this product design and rollout cost them a billion dollars. I'm sure that the cost was not insignificant. But a Billion is 1000 millions and I doubt any FE company has spent $1000 Million dollars designing and rolling out their FE product, do you?

Definitely was an exaggeration on his behalf, but I think they did spend a substantial amount and blundered their product. Sad day! It was once a carrier I led with

 

[BibH]

I called Trans and talked to an underwriter today . Paper app has no supplemental page for rx's . I don't think e app does either . He acted like there's little human intervention in determining preferred, standard or graded . He said they were killed with claims with no height and weight. There basically 100% history outside of copd direct express .