Colonial Penn Rates For Life in FL?

Oct 11, 2018

  1. socal401
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    socal401 Super Genius

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    I'm getting a bunch of people in FL saying that the Colonial Penn agents are telling them that their Medigap rates are locked for life. Is this a real thing?
     
    socal401, Oct 11, 2018
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  2. policywunk
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    policywunk Expert

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    It's a real thing for sure- scum sucking BL/Colonial Penn agents are pathological liars .Not only that they are non compliant knocking on doors and discuss PDP on the same visit.They have a new bash against the 500 pound gorilla AARP/UHC in Fl I have heard often recently.They say that the low rates AARP/UHC offers are teaser rates and they will increase dramatically on renewal.How they can continue to get away with this crap is beyond me.
     
  3. axeman462
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    axeman462 Guru

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    It is 100% false
     
  4. Yagents
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    Yagents Guru

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    Another couple lies they love to add:

    AARP uhc can cancel you anytime, at bankers you own a personal policy that cant be cancelled.

    Or, xyz hospital no longer takes uhc patients.
     
    Yagents, Oct 11, 2018
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  5. Chazm
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    Chazm Guru

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    I hear this all the time from Florida bankers agents.
    Funny thing is, they have been about $208 for a few years now (t65). I just ran a female T65 in orlando and it’s now $221.
    Market analysis says NA for rate history. They just had an increase it looks like.
     
    Chazm, Oct 12, 2018
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  6. axeman462
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    axeman462 Guru

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    yea, when I used to work at Bankers, they told me they averaged a rate increasae once every 5 years. Seems to be holding true
     
  7. socal401
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    socal401 Super Genius

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    I've heard this one too. I've also heard "Colonial Penn policies are are actual policies and other carriers are just certificates that can be cancelled on you"
     
    socal401, Oct 12, 2018
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  8. axeman462
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    axeman462 Guru

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    Or how bout "with UHC, you cant call your agent afterward, you have to call a 1-800 number"
    heard that one a few times too
     
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