Help! Debit Card Business...

[jdeasy]

I keep hearing u guys talk about 5star...are they under EFES? Are they in Calif?

I need a company that takes CC....Monu stopped!

5 Star is not part of EFES. They do take credit cards/debit cards and do direct monthly billing.

The credit/debit card has to be a mastercard or visa. Good rates. Close to RNA/Foresters/Americo. They take smokeless tobacco users at non tobacco rates.

Good comapny to have but way too difficult to deal with to have have as your primary company.

I would for Americo to take Direct Express in the not too distant future.

 

[jacobtn]

What about them do you find difficult?

5 Star is not part of EFES. They do take credit cards/debit cards and do direct monthly billing.

The credit/debit card has to be a mastercard or visa. Good rates. Close to RNA/Foresters/Americo. They take smokeless tobacco users at non tobacco rates.

Good comapny to have but way too difficult to deal with to have have as your primary company.

I would for Americo to take Direct Express in the not too distant future.

 

[jdeasy]

What about them do you find difficult?

Not so much on thw writing end but sevice is quite difficult. When a client wants to change their bank account, beneficiary, owner, etc., it's like pulling teeth.

They operate as a mom and pop insurance company. I guess they can all be that way. I just had a huge deal with Americo over a cigar smoker getting non tobacco rates.

It all depends on that person on the other end of the phone.

 

[TDFnCali]

5 Star is not part of EFES. They do take credit cards/debit cards and do direct monthly billing.

The credit/debit card has to be a mastercard or visa. Good rates. Close to RNA/Foresters/Americo. They take smokeless tobacco users at non tobacco rates.

Good comapny to have but way too difficult to deal with to have have as your primary company.

I would for Americo to take Direct Express in the not too distant future.

Damn sounds like a nice tool to have in my bag...but I cant get them if not with EFES! Well I guess I could technically for my broker biz....but I need a CC accepting Company for retail.

 

[WinoBlues]

Damn sounds like a nice tool to have in my bag...but I cant get them if not with EFES! [B][/B] Well I guess I could technically for my broker biz....but I need a CC accepting Company for retail.

You're independent. You can pick up who you want, with who you want, when you want.

 

[TDFnCali]

Your independent. You can pick up who you want, with who you want, when you want.

No i cant Wino....I cant get appointed with other FE companies outside of EFES. If it was other Ins. business, thats ok...but not for FE. But Shannon said if I want a company they dot have, I can get it & use it for my broker biz, not for biz from their leads....which is 85% of my biz.

Now I know JD may have a diff arrangement, but im not JD!!

 

[WinoBlues]

No i cant Wino....I cant get appointed with other FE companies outside of EFES. If it was other Ins. business, thats ok...but not for FE. But Shannon said if I want a company they dot have, I can get it & use it for my broker biz, not for biz from their leads....which is 85% of my biz.

Now I know JD may have a diff arrangement, but im not JD!!

I was about to say then you are not independent. But the part about their leads their companies seems fair. Just pick up the other company for that business can't be that big of a percentage. If it is a can not write there I am sure it would be cool.

I have been independent a very long time and also do not play well with others.

 

[Rearden]

The one thing I do not like about 5-Star is if a policy lapses and the client wants to be rewritten with 5-Star, they do not allow it.

 

[Newby]

The one thing I do not like about 5-Star is if a policy lapses and the client wants to be rewritten with 5-Star, they do not allow it.

That is a quirk with them but you can usually just write them with a different company if that happens.

They used to have. Lot of quirks but one by one they have fixed them and pretty agent-friendly these days.

 

[jdeasy]

No i cant Wino....I cant get appointed with other FE companies outside of EFES. If it was other Ins. business, thats ok...but not for FE. But Shannon said if I want a company they dot have, I can get it & use it for my broker biz, not for biz from their leads....which is 85% of my biz.

Now I know JD may have a diff arrangement, but im not JD!!

I don't use 5 Star for any business that I got from an EFES lead. That's not really a deal, it's just ethics.

You are right that you cannot pick up 5 Star and write it for business that EFES helped you get. I have tried to get EFES to add 5 Star. I don't think 5 Star wants that much business.

That much business would cripple them. It's very difficult for them to keep up now.