You may be surprised as how quick you see some changes, or maybe rather "new things".
Great Western question on commission
- Thread starter Jakel
- Start date
You may be surprised as how quick you see some changes, or maybe rather "new things".
- 4,130
Care to inlighten us? They would do themself good to have a marketing budget so we don't have to print our own brochures.
Can't say (not allowed) at this point....sorry.
- 30,590
You're just a big tease Todd.
- 4,130
All they need is a damn leave behind and I'd be happy.
- 6,134
AIG did raise the rates, but they are still in line with Gerber in most situations. I don't think it completely priced them out of the market. I feel like an agent could be OK with either AIG or Gerber in their bag.
As far as Great Western, I do not see them as an option for GI business. I have a handful of agents that write with them and I will see an email of policy issued, then next month you get notification that it has lapsed. It is almost every single policy that this happens on. Their drafting is way too inaccurate to make it work.
Using GW is literally like taking a 30 day loan that you will have to pay back 90% of the time it seems.
As far as Great Western, I do not see them as an option for GI business. I have a handful of agents that write with them and I will see an email of policy issued, then next month you get notification that it has lapsed. It is almost every single policy that this happens on. Their drafting is way too inaccurate to make it work.
Using GW is literally like taking a 30 day loan that you will have to pay back 90% of the time it seems.
- 4,130
Ben what's your go to for GI 40-49 y/o?
- 6,134
We have Great Western as stated above, but you are pretty much taking a loan. If an agent wants to write a 40-49 year old, we have that ability with Great Western.
I have a new system to make sure it is REALLY a GI client for the agents. Many agents find that they have another option instead of GI. Dementia, CHF, Alzheimers, etc. will not have to go GI.
We also use UHL Express Issue Graded for 25-80 and it takes most of the situations.
If they are 42 years old and are on Oxygen and Kidney Dialysis, then it will be up to the agent. They can either walk away or use GW if they want.
I have a new system to make sure it is REALLY a GI client for the agents. Many agents find that they have another option instead of GI. Dementia, CHF, Alzheimers, etc. will not have to go GI.
We also use UHL Express Issue Graded for 25-80 and it takes most of the situations.
If they are 42 years old and are on Oxygen and Kidney Dialysis, then it will be up to the agent. They can either walk away or use GW if they want.
- 4,130
Sentinel Graded starts at 45 and that'll cover your oxygen clients.
- 6,134
Yea I found that out not too long ago and I am going through their guide and application currently. Trying to find some other niches to use them for. I hate to start pushing a company just for one niche. The company wouldn't like that either.
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