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[deadhead]

I have yet to come across acustomer whoever asked me about an AM Best rating or even cared

 

[Newby]

I have yet to come across acustomer whoever asked me about an AM Best rating or even cared

You're right. I wrote a fair amount of Oxford business a few years ago and it was 100% persistant for a couple of years. I've had one or two fall off now but I don't think even those were replaced.

 

[TwiLight]

Oxford is great with insulin. They used to be my go to company for diabetics before 5-Star came along.

Good to know.... I never really looked at them because they were not A- or better with AM Best. B++ is still worth a look.

 

[SportsNut]

I have yet to come across acustomer whoever asked me about an AM Best rating or even cared

It is relevant to the Agent who is being replaced in this situation. I would never place myself in that situation w/o covering that aspect with the client during the presentation. It is best to cover it, let the client decide, and if and when the other Agent brings it up the client will shoot it down (after being informed).

If you aren't replacing business then the rating is of less consequence... (except to you E&O company).

 

[Jake07712]

Some states, (NJ included), have a state guarantee on life insurance. In this case, I don't think it makes a hill of beans what the rating is, except as a good talking point.

 

[houcoogster]

Some states, (NJ included), have a state guarantee on life insurance. In this case, I don't think it makes a hill of beans what the rating is, except as a good talking point.

Ditto, Rating of less than A- really only matters on Major Medical at least in my experience.

 

[jdeasy]

Ditto, Rating of less than A- really only matters on Major Medical at least in my experience.

It makes a difference to your E&O carrier.

 

[houcoogster]

It makes a difference to your E&O carrier.

Where do they draw the line? B, B-, C+??

 

[moonlightandmargaritas]

Ditto, Rating of less than A- really only matters on Major Medical at least in my experience.

Shouldn't be a factor, nearly all major med is re-insured. Heavily.

 

[jdeasy]

Where do they draw the line? B, B-, C+??

Most at lower than a B. Some cover A and B, some don't make a difference. Best to chack with your carrir.