From Worst To First

[noah]

How would you arrange these carriers ?
Please substantiate reasons,placement,pros and cons.

UHL
Baltimore Life
Monumental

Thanks

 

[Rearden]

1) Monumental -- More Liberal Underwriting, more competitive premiums relative to the two other carriers. No height/weight chart. No POS if that's your style. 0-85 issue age.

2) UHL -- Liberal underwriting. Best return of premium offer out of the three. Premiums are little higher. Nothing really niche about this product beyond what was mentioned.

3) Baltimore Life. Who actually writes these guys anymore? I want to say their smoker rates are pretty good. But I think that's the extent of their competitiveness. I had one client I wrote a $35,000 Foresters plan on, who went on to buy another plan through Baltimore Life for $25,000 at $350 a month that I could not replace whatsoever due to underwriting restrictions (heart history, diabetes, cigar-smoker). Beyond that, I almost never see them in any capacity.

 

[jdeasy]

How would you arrange these carriers ?
Please substantiate reasons,placement,pros and cons.

UHL
Baltimore Life
Monumental

Thanks

All 3 would be on my worst list. i couldn't any of those first.

 

[Tom Harford]

So John, if you had only three companies in your bag, which ones would you have and why.

Thanks,

Tom

 

[Justin Bilyj]

UHL can go upto $50k, Monumental will write COPD (no oxygen) first day coverage.

 

[WinoBlues]

UHL has simplified issue term. Also ROP SITerm that has the option to go RdPdUp to age 95.

 

[jdeasy]

So John, if you had only three companies in your bag, which ones would you have and why.

Thanks,

Tom

No reason to be limited to 3 companies.