Forester's Rate Increase???
- Thread starter wave828
- Start date
- 3,764
Greg, can you prove there isn't a price increase or prove that insulin diabetics qualify for Super Preferred rates? Exactly...Now stop with being negative, and accept Senior Life for what it is
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Greg, can you prove there isn't a price increase or prove that insulin diabetics qualify for Super Preferred rates? Exactly...Now stop with being negative, and accept Senior Life for what it is
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That just made my morning
You are welcome.
Ok, not to change the subject away from all you recruiters comparing your co-- sizes, but I just heard Foresters IMO's/FMO's were notified by email either last Sunday or the one before, that rates either have or will be increasing very soon. Does anybody know if this will effect policies already put in place? Any word on when the indy's will be notified?
- 5,305
Y'all been rather fiesty as of late -- heat must be gettin' to y'all.
Most likely no effect on inforce polices.. It is very doubtful they require an assessment charged to the policyholders but your question serves as a reminder that it is possible with a fraternal. If it invovled an insurance company, the answer would definitely be "none"..
- 19,647
JD's not man enough to put up his 2011 and 2012 YTD numbers....
You already know what they are.
str8cashHomie
New Member
- 8
Hey JD, new guy here. I've been digging around on this site for info for awhile and its clear your one of the top dogs when it comes to FE business. Which FE businesses do you think are best? FYI I'm a 5th year licensed rep out in NYC, ( I wish EFES was out here
)I mainly sell MAPD's for low income seniors but looking to switch over to FE ASAP lol
- 19,647
They were notified long before that. The rates are increasing and the application is changing.
The changes are effective end of July, so for Aug on the new rates and new underwriting will be in effect. The IMO's all say that they have been told by Foresters to not disclose the info to the agents until they do it themselves.
That must be true because every IMO/FMO says the same thing. Someone posted the rates here at the forum. I ca't vouch for the accuracy except to say that it matches what I was previously told. 2% to 13% increases. It's not one across the board increase the way a normal company would do it. It's different increases by bands.
Knowing Foresters they will probably make the announcement a week or so after the changes are implemented.
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Hey JD, new guy here. I've been digging around on this site for info for awhile and its clear your one of the top dogs when it comes to FE business. Which FE businesses do you think are best? FYI I'm a 5th year licensed rep out in NYC, ( I wish EFES was out here
I mainly sell MAPD's for low income seniors but looking to switch over to FE ASAP lol
New York is a differenct cat altogether from what I've discerned from reading here.
I write RNA, Americo, AmCon, AmAm, 5 Star, Foresters, Oxford, Forethought, etc. I don't know if any of them are in NY.
Contact Josh here at the forum. He can certainly shed light on the NY market.
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str8cashHomie
New Member
- 8
OK thanks, I dont think I can contact him by pm since this is my 2nd post. Do you know how I can get in contact with him? And from what I know, Forester is in NY, Columbian mutual and Presidential life is out here also, just to give you a few.
I know your busy, so thanks in advance-
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