Foresters Direct Bill Question

[quackattack99]

Will Foresters direct bill for the first premium payment, and does it change the modal factor at all? Thanks

 

[deadhead]

Settlers will direct bill everything

 

[quackattack99]

Thanks, but I don't carry Settlers and I am writing this client tomorrow, so I need to know about Foresters.

 

[nfl72]

I believe they will do a direct bill quarterly, but the client still has to have proof of a checking or savings account.

could be wrong but I don't think so.

direct bills are for the most part a waste of time as they very often don't pay.

 

[jdeasy]

Will Foresters direct bill for the first premium payment, and does it change the modal factor at all? Thanks

They will direct bill quarterly, semi annual or annual. First premium must be submitted with the app. No monthly direct with them.

 

[quackattack99]

Thanks JD. I hear ya NFL. She does have a checking account, says she "just doesn't like paying that way" I am going to sell her hard on the checking account. I am replacing a Colonial Penn policy and will be saving her money and/or increasing her DB, so hopefully that will sway her.

 

[Jack B]

Thanks JD. I hear ya NFL. She does have a checking account, says she "just doesn't like paying that way" I am going to sell her hard on the checking account. I am replacing a Colonial Penn policy and will be saving her money and/or increasing her DB, so hopefully that will sway her.

She can pay Quarterly direct bill, just be aware, First Payment, must come from a bank account, not money order, subsequent payments can be money order.