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Did foresters pay interest on that claim wen they finally settled?
Foresters Death Claim?
- Thread starter jdeasy
- Start date
- 17,073
xrac said:
I can assure you the slowness was not even the worst part. It was the attitude toward the beneficiary and her attorney (she was deaf and her attorney helps her with all her business).
I've never experienced service so bad. There is a reason that Foresters rates are usually cheap...they HAVE to be.
Do you still sell Foresters?
- 17,073
xrac said:
I barely did before. I'll let you guess about now.
There are too many good companies to put up with a poorly run one.
That is the answer I expected.
stated by Newby
There are too many good companies to put up with a poorly run one.
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I posted this elsewhere on a different thread; maybe the CUNA thread but I will state it again.
I had asked for help on this forum about a 62FNT lady who got denied during the phone interveiw because of the way she answered the COPD question and what the MIB was showing. I got suggestions of Americo, MOunumental and a host of others as where to go to get it bought.
When I got a copy of the MIB in my hands I typed a story to go with the MIB and all though I had no proof of what I stated; ie doctors note etc, they changed it from a denial to a Level.
For the record I did send it to Americo and they called it graded and refused to budge. It was a $35,000 policy with a monthly premium of around $125 /month.
I don't know of anybody else who would have bought that deal level. I do agree that Foresters can be a big pain in the ass to deal with on occasion but Sometimes it worth taking some bad to get the good.
Do you still sell Foresters?
I barely did before. I'll let you guess about now.There are too many good companies to put up with a poorly run one.
------------------------------------
I posted this elsewhere on a different thread; maybe the CUNA thread but I will state it again.
I had asked for help on this forum about a 62FNT lady who got denied during the phone interveiw because of the way she answered the COPD question and what the MIB was showing. I got suggestions of Americo, MOunumental and a host of others as where to go to get it bought.
When I got a copy of the MIB in my hands I typed a story to go with the MIB and all though I had no proof of what I stated; ie doctors note etc, they changed it from a denial to a Level.
For the record I did send it to Americo and they called it graded and refused to budge. It was a $35,000 policy with a monthly premium of around $125 /month.
I don't know of anybody else who would have bought that deal level. I do agree that Foresters can be a big pain in the ass to deal with on occasion but Sometimes it worth taking some bad to get the good.
Last edited:
Forestters paid a claim on a policy I wrote about 16 months ago that in no way needed to be paid.
I wrote the lady a level $15K policy and she died about 5 months after taking it out. come to find out she died of a stage 4 cancer isue with her liver.
They sent me a questionaire asking me what I remembered about the lady and I filled it out and sent it in. About 3 weeks later the claim was paid.
Based upon my experience Foresters is a bear for the agent and a peach for the insured.
I wrote the lady a level $15K policy and she died about 5 months after taking it out. come to find out she died of a stage 4 cancer isue with her liver.
They sent me a questionaire asking me what I remembered about the lady and I filled it out and sent it in. About 3 weeks later the claim was paid.
Based upon my experience Foresters is a bear for the agent and a peach for the insured.
- 26,140
I prefer companies that are a peach for both. If you know they are a bear to you why deal with them when there are other equal or better choices.
tell me whos equal and whos better than Foresters. price wise they are about the best I have seen. FE clients are not the sharpests tools in the shed and more often than not compare price and price alone.
If I write somebody with Foresters I have little worry of them going elsewhere for a better price. Consider the thread where they are talking aobut Motorists. People have chimed in that Motorists has good pricing, which is basicly somewhat true.
They were talking about a 71 year old female NT. Motorists had them at $39 a month. Foresters came in at $33 per month. Thats about 20 percent cheaper. If i go to that ladies house I am gong to rewrite her more often than not on price and price alone. Then you throw int he member benefits and its a cake walk.
If I write somebody with Foresters I have little worry of them going elsewhere for a better price. Consider the thread where they are talking aobut Motorists. People have chimed in that Motorists has good pricing, which is basicly somewhat true.
They were talking about a 71 year old female NT. Motorists had them at $39 a month. Foresters came in at $33 per month. Thats about 20 percent cheaper. If i go to that ladies house I am gong to rewrite her more often than not on price and price alone. Then you throw int he member benefits and its a cake walk.
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