How is this Guy Quoting This?

[axeman462]

So another agent weaseled his way into one of my clients homes yesterday and quoted and sold my client a Final Expense policy. My client tells me it is a Foresters Policy for the amount of $5,000, with a $56.09/mo premium.

When pulling up quotes on my computer, I cannot figure out how the Foresters agent came up with that number. This is what I came up with, with Foresters:

$56.09/mo premium, Age 65, tobacco:

Level w\ ADR: $6,555 (face)
Level only: $6,813
Graded: $4,457
Modified: $4,166

And when solving by face:


Level w/ADR: $43.53/mo
Level: $42.00
Graded: $62.53
modified: $66.68


How does this guy come up with these premiums?

The only ideas I can up with are, it is not foresters (if not, then what company?)
Or, my client is testing me to see how honest I am?

Thoughts?

 

[jdeasy]

How did he "weasel" his way in? Did the person invite him in? Did the person send in a reply card?

Doesn't sound like it's your client. It seem to be his client now. But $56/mo for $5000 face is way to high.

Maybe he has more face than that and maybe it's not Foresters?

So another agent weaseled his way into one of my clients homes yesterday and quoted and sold my client a Final Expense policy. My client tells me it is a Foresters Policy for the amount of $5,000, with a $56.09/mo premium.

When pulling up quotes on my computer, I cannot figure out how the Foresters agent came up with that number. This is what I came up with, with Foresters:

$56.09/mo premium, Age 65, tobacco:

Level w ADR: $6,555 (face)
Level only: $6,813
Graded: $4,457
Modified: $4,166

And when solving by face:


Level w/ADR: $43.53/mo
Level: $42.00
Graded: $62.53
modified: $66.68


How does this guy come up with these premiums?

The only ideas I can up with are, it is not foresters (if not, then what company?)
Or, my client is testing me to see how honest I am?

Thoughts?

 

[Agentguy5]

That's pretty expensive for a 65 yr old male, tobacco...

Maybe it was Lincoln Heritage... The numbers sound about right!

So, what was it that you sold him originally?

 

[axeman462]

How did he "weasel" his way in? Did the person invite him in? Did the person send in a reply card?

Doesn't sound like it's your client. It seem to be his client now. But $56/mo for $5000 face is way to high.

Maybe he has more face than that and maybe it's not Foresters?

I dont know how he got in the house, but it aint his client for very long, I'm flipping the policy on Monday, the slimebag took advantage of good people
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That's pretty expensive for a 65 yr old male, tobacco...

Maybe it was Lincoln Heritage... The numbers sound about right!

So, what was it that you sold him originally?

Him and his wife both have an MAPD with me, and the wife has a FE with me also

 

[jdeasy]

I dont know how he got in the house, but it aint his client for very long, I'm flipping the policy on Monday, the slimebag took advantage of good people
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Him and his wife both have an MAPD with me, and the wife has a FE with me also

Sounds like he just did his job. maybe they are in a better place than you could have put them?

You are going at this without all the facts.

 

[axeman462]

Sounds like he just did his job. maybe they are in a better place than you could have put them?

You are going at this without all the facts.

no, actually I do have all the facts. I know their health, and medications. The other agent quoted him alot higher than he has to pay. He also tried flipping the wife by telling her, she did not qualify for the policy I put her in. The guy straight up lied to her. Although she called him out on it.

Do not tell me, I am going at this without all the facts, when obviously you are.

 

[jdeasy]

no, actually I do have all the facts. I know their health, and medications. The other agent quoted him alot higher than he has to pay. He also tried flipping the wife by telling her, she did not qualify for the policy I put her in. The guy straight up lied to her. Although she called him out on it.

Do not tell me, I am going at this without all the facts, when obviously you are.

Dude, you don't even know company they are with. You don't know what coverage they have and you don't know how he came to meet with them.

I'm not going on anything excpet what you posted here. You may be right about the situation but you may not be.

It sure sounds like you are jumping to conclusions.

 

[moonlightandmargaritas]

So another agent weaseled his way into one of my clients homes yesterday and quoted and sold my client a Final Expense policy.

Thoughts?

If it was truly your "client" - they wouldn't have farted without calling you first.

You messed up somewhere.

 

[TDFnCali]

So another agent weaseled his way into one of my clients homes yesterday and quoted and sold my client a Final Expense policy. My client tells me it is a Foresters Policy for the amount of $5,000, with a $56.09/mo premium.

When pulling up quotes on my computer, I cannot figure out how the Foresters agent came up with that number. This is what I came up with, with Foresters:

$56.09/mo premium, Age 65, tobacco:

Level w\ ADR: $6,555 (face)
Level only: $6,813
Graded: $4,457
Modified: $4,166

And when solving by face:

Level w/ADR: $43.53/mo
Level: $42.00
Graded: $62.53
modified: $66.68

How does this guy come up with these premiums?

The only ideas I can up with are, it is not foresters (if not, then what company?)
Or, my client is testing me to see how honest I am?

Thoughts?

My 1st thought is what did YOU sell him before this guy replaced you? Carrier, Pmt & FA?

Sent via my Sprint Galaxy S4 using Insurance Forums

 

[axeman462]

Dude, you don't even know company they are with. You don't know what coverage they have and you don't know how he came to meet with them.

I'm not going on anything excpet what you posted here. You may be right about the situation but you may not be.

It sure sounds like you are jumping to conclusions.

The situation is what he told me "Foresters for $5000 death benefit for $56/mo This has to be taken as a fact until proven wrong. I know his health situation, and i know he qualifies for a lower priced plan, with RNA, or Assurity.

Explain to me how it us jumping to conclusions, when I know know he qualifies for a better policy? Even if the policy isnt with Foresters, we know its a $5000 death benefit, and he is paying $56/mo.

How he came to meet with him, in my opinion, is mostly irrelevant. The only thing I wanted to know when I started this thread is "how the agent is coming up with this quote" You turned it into some other conversation by nitpicking some irrelevant adjectives I used in telling the story
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My 1st thought is what did YOU sell him before this guy replaced you? Carrier, Pmt & FA?

Sent via my Sprint Galaxy S4 using Insurance Forums

He didn't have any yet, I had him on my calender to call him about toward the end of this month to get him set up