Gerber Guaranteed Issue

Dec 2, 2015

  1. Bwell86
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    Bwell86 Expert

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    Anyone have any experience with Gerber's Guaranteed Issue product for adults 50+? I've got a client who is probably going to be declined by Pru due to drug use in her medical history. Not sure what drugs, but I'm guessing meth.

    I called Crump and they said Gerber should write it, but I am skeptical. I've never sold a guaranteed issue policy, but someone in my office said he had a case declined by Gerber.
     
    Bwell86, Dec 2, 2015
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  2. John Galt
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    John Galt Guru

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    Yea they will take it, so will kemper and great western. Ive never had a GI declined, thats why they call it Guarantee Issue, no health questions.
     
  3. Lewis_FL
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    Lewis_FL Super Genius

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    The only time they decline a case is when you try to reinstate a lapsed policy. That's the only time they do underwriting (which of course they'll fail). In that case just write a new app.
     
  4. John Galt
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    If someone is stupid enough to lapse a gi they dont deserve insurance. :)
     
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