Client Admits to Having Stent on Delivery

[Agentguy5]

The agent is wrong because the 5 Star application clearly asks "vascular stent placement" in the last 12 months? That's a decline with them if yes. Actually, it's do not submit. Of course since not finding out until after the application was submitted the agent wasn't wrong there.

The only thing to do now is to withdraw the application. I can guarantee you that calling 5 Star and telling them what happened will get the same response from them as I just stated.

Not if the stent was put in during January 2012....

 

[Newby]

No. The stent placement is the problem with 5-Star.

Why wouldn't he just use a company that allows stents?

 

[jdeasy]

Not if the stent was put in during January 2012....

OK. Then just call up 5 Star and explain the situation. See what they say.

 

[Agentguy5]

Yeah, I need to contact the client and 5 Star....

 

[somarco]

So you are saying the applicant answered the stent question correctly since the procedure was outside the 12 month window?

 

[Iwillpay]

Ok, here's where it gets good...

The client said there was NO heart attack and no CHF

He was having discomfort in his stomach and chest, went to get a check up and the Dr said, let's check out your heart and ended up giving him a stent..

soo, according to the client, he answered ALL the questions correctly...

and

My agent agreed being clear that as long as there was NO heart attack or heart failure, that he was covered under his 5 Star policy...

Give the underwriting department all the information available and let them make the decision. By doing this you are free and clear. The last thing you want is a policy that the beneficiary is unable to collect when you know that you could have it straight from the beginning.

 

[jacobtn]

was the agent replacing? Obvious you want the case to be legitimate all ALL applications, but I am esp careful on replacements where the policy being replaced is over 2 yrs old. I have walked from deals that were squirrely because of this.