How To Stop Selling So Much Guaranteed Issue

[FinalExpenseDojo.com]

Foresters (Graded)
American Home Life (Graded)
Assurity (Graded)

Americo UP2 (Level). Not a graded or modified product, but will take many health conditions level that others won't (COPD, retinopathy, nephrothapy, neuropathy, hepatitis, cirrhosis, Parkinson's, heart surgery over 12mo's

Thanks for your input! I also like the Americo UP product in some cases. Especially for Smokers with COPD! Nobody else beats the rates in that situation.

 

[FinalExpenseDojo.com]

United Home life takes a lot on there EIWL and pays full compensation on it. It's a 10%/20% ROP w/some extra riders. Always think True Graded before GI.

I was thinking UHL was one of them but wasn't sure. Thanks for the clarification!

GPM has a graded 30/70 product also

Do they not cut comp on the Graded?

 

[DayTimer]

Do they not cut comp on the Graded?

Only ages 80-85 ... age 80 and above they chop you in half. GPM has great renewals as well.

They do cut comp on the modified plan which is ROP

 

[rousemark]

I did not realize how much demand there is for graded and ROP products.. Five of the last six apps that were developed from leads that I have written have been GI (4) or Graded (1)

 

[FinalExpenseDojo.com]

Only ages 80-85 ... age 80 and above they chop you in half. GPM has great renewals as well.

They do cut comp on the modified plan which is ROP

Thanks for sharing your knowledge on this product! Added to the master list!

 

[FinalExpenseDojo.com]

I did not realize how much demand there is for graded and ROP products.. Five of the last six apps that were developed from leads that I have written have been GI (4) or Graded (1)

Yes absolutely. & if an agent can write less GI by selling a Graded or Modified & get full comp & a 75% advance then all the better!

 

[DayTimer]

I did not realize how much demand there is for graded and ROP products.. Five of the last six apps that were developed from leads that I have written have been GI (4) or Graded (1)

If more people would get on board with the bacon diet, there'd be a lot less need for GI!

 

[thespur1]

Let's be real. Selling GI SUCKS! Mainly because you don't get paid dittly squat & there's usually little to no renewals.

What are the carriers you use that pay FULL comp on their Level, Graded, AND/OR Modified plans?

I'll start the list off...

American Amicable
Prosperity
Baltimore Life

Who else?

Wow great thread ! smart thinking, less gi and more comp.

 

[Life Hawk]

One big issue that remains is the fact that often the Graded stuff cost much more. Any thoughts on that?

I edited the post...

I also do not like carrying to many companies... never a one basket guy... but also do not want to be a company junkie... a few good go to's and some GI... otherwise you get to strung out and make mistakes and begin to miss things...

I do agree that COPD and smoking gets me all the time... what suggestions do others have?

 

[HoosierLife]

One big issue that remains is the fact that often the Graded stuff cost much more. Any thoughts on that?

I edited the post...

I also do not like carrying to many companies... never a one basket guy... but also do not want to be a company junkie... a few good go to's and some GI... otherwise you get to strung out and make mistakes and begin to miss things...

I do agree that COPD and smoking gets me all the time... what suggestions do others have?

Copd and smoking? Americo UP2 probably has best rate. Then trans and lbl standard.