Guaranteed Issue for Applicant on Dialysis?

[nfl72]

I might be wrong but I don't think so. I beleive Vantis is much cheaper than UHL for GI products. I did one a couple of weeks ago where UHL was 85 compared to $53 at Vantis.

Vantis GI is much cheaper than Forresters graded or modified. The problem is the commission levels bite.

I also did a guy last week where the UHL standard policy was cheaper than the deluxe. I called UHL to make sure I wasn't missing anything and they stated that from time to time that is in fact the case. This guy had emphazima and through UHL his payment was $56 through Foresters it was 71.

 

[cook920]

Your implication was that they could get something better than an ROP plan. They can't. That is what was misleading.

I can't see where the "help" was that you are talking about.

I did not "imply" anything nor did the original poster state anything about ROP. I simply stated that he didn't have to only look for a GI plan for the health of his client.

Nothing misleading.........and the assistance I was trying to lend was the naming of some companies for GI plans...as he requested..That's it...... nothing I stated was misleading.

I didn't even use the word "better" nor did I "imply" it. I simply stated he didn't have to only go the GI route.

....and just because you can't see the "help", doesn't mean that it wasn't there.....the "help" was not intended for you but for the original poster.

Respectfully, have a good day.

 

[nfl72]

When you suggeted LH would buy the guy graded many people were under the impression there might be an advantage to doing that when in reality there was not.

 

[jacobtn]

explain why the client is better off on the "graded" Monumental/LH vs the ROP with MOO (which in reality you are saying they are different and they are not).

Can you give an advantage?

I did not "imply" anything nor did the original poster state anything about ROP. I simply stated that he didn't have to only look for a GI plan for the health of his client.

Nothing misleading.........and the assistance I was trying to lend was the naming of some companies for GI plans...as he requested..That's it...... nothing I stated was misleading.

I didn't even use the word "better" nor did I "imply" it. I simply stated he didn't have to only go the GI route.

....and just because you can't see the "help", doesn't mean that it wasn't there.....the "help" was not intended for you but for the original poster.

Respectfully, have a good day.

 

[jdeasy]

I did not "imply" anything nor did the original poster state anything about ROP. I simply stated that he didn't have to only look for a GI plan for the health of his client.

Nothing misleading.........and the assistance I was trying to lend was the naming of some companies for GI plans...as he requested..That's it...... nothing I stated was misleading.

I didn't even use the word "better" nor did I "imply" it. I simply stated he didn't have to only go the GI route.

....and just because you can't see the "help", doesn't mean that it wasn't there.....the "help" was not intended for you but for the original poster.

Respectfully, have a good day.

The question was if the could qualify for a GI plan to which you made this rely;

"Sure, there are plenty of companies that he would qualify for with a Guaranteed issue policy. These policies are only limited by age and 60 qualifies.

Heck, there are quite a few companies that would write him without having to go the guaranteed issue route."


What difference does it make if it's not GI when it puts a person in at best the same situation and most likely in worse.

So, if it's not misleading it's just dumb. Even dumber that you still want to call it help.

 

[nfl72]

Just asking cuz I don't know but could it be an advantage if the LH graded policy paid say 30% of the face value if the client died within the first year? when the Vantis policy returns the premiums and paid a little interest?

Typically when I think of a graded policy against a GI policy the big difference would be the amount of monthly premium but with Vantis that is just not true.

A Vantis GI is cheaper than most graded or modified policies that i compare to. What sucks is the pay plan for the agent.

 

[jdeasy]

Just asking cuz I don't know but could it be an advantage if the LH graded policy paid say 30% of the face value if the client died within the first year? when the Vantis policy returns the premiums and paid a little interest?

Typically when I think of a graded policy against a GI policy the big difference would be the amount of monthly premium but with Vantis that is just not true.

A Vantis GI is cheaper than most graded or modified policies that i compare to. What sucks is the pay plan for the agent.

It doesn't. It's ROP for 2 years just like MoO and Vantis. It is priced much higher than either.

A person on dialysis is not going to get immediate coverage or a graded policy anywhere. They are only going to get an ROP plan. Doesn't matter if it's called GI or limited underwriting or whatever.

 

[nfl72]

it seems that most of the time a graded policy pays a percentage of the face amount during the first 2 years. It also seems like a modified is always a return of premium plus a little interest. Is this always the case or are there companies out there who will pay a percentage of face value even on a modified.

Also, it seems to me UHL GI policies have a three year waiting period?

 

[jdeasy]

it seems that most of the time a graded policy pays a percentage of the face amount during the first 2 years. It also seems like a modified is always a return of premium plus a little interest. Is this always the case or are there companies out there who will pay a percentage of face value even on a modified.

Also, it seems to me UHL GI policies have a three year waiting period?

Some companis call their ROP graded and some call it modified. ROP is ROP under any other name.

 

[Daytona_Guy]

This would be a Vantis or MOO product. Both are about the same in Premium and have a 2year ROP with full death benefits after.

Or the new Kemper product that typically pays more.. with advancing.
ROP + 20% for the first two years.

.