- 26,170
Vantis is only to $15,000. in CA.
Waiting on the charge back word.
- - - - - - - - - - - - - - - - - -
Dude, what a buzz kill.
I think Brad is offering them. Do you have them also?
Last edited:
Gerber Life Guaranteed Issue
- Thread starter brkrsrevolution
- Start date
Vantis is only to $15,000. in CA.
Waiting on the charge back word.
- - - - - - - - - - - - - - - - - -
Dude, what a buzz kill.
I think Brad is offering them. Do you have them also?
I heard that CA was approved.
- 26,170
I have been told they are in CA now. Do not know for sure though.
- 7,012
Have we heard anything about how they will do chargebacks? Will it work like Vantis?
- 26,170
This is what I got.
Caveat emptor:
With respect to the Guaranteed Life the following special rules shall apply:
a. If the insured dies within the first policy year, 100% of the compensation paid shall be returned to Company.
b. If the insured dies within the second policy year, 50% of the compensation paid shall be returned to Company.
c. Policy year is defined as the 12 months following the date that a policy becomes effective.
The same rules do not apply for a cancellation. For cancellation, no charge back is issued unless it is within the 30 day trial period or the funds were NSF. There may be other exception circumstances but these are limited.
Interested in this as well.
Yes, independent agents will be able to sell the product when it's launched. No official word yet on when that is happening.
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