I Insure Me Company. Iinsureme.com

[suranceman]

[/QUOTE]Level: I can get them a traditional IUL or Whole Life for less money better benefit.
Graded: Likely can get them a better policy than FE, same cost and maybe better benefits.
Modified/GI: As I said, rare cases it works if they die in the 3rd to 8th year. By the 8th they're almost self funded. I agree, this policy is good for your 5' bowling ball case somehow still hanging on.

Glad to see you changed you tagline, it was tasteless. Where else can you get 10%? Have you seen the S&P since 2008?

Dec. 31, 2017 21.83%
Dec. 31, 2016 11.96%
Dec. 31, 2015 1.38%
Dec. 31, 2014 13.69%
Dec. 31, 2013 32.39%
Dec. 31, 2012 16.00%
Dec. 31, 2011 2.11%
Dec. 31, 2010 15.06%
Dec. 31, 2009 26.46%

15,546 posts, you obviously seek out posts simply to be a prick.[/QUOTE]




Look man you simply don't know what you don't know.

If you worked the FE market for any period of time, you would understand that MOST of these clients are very unhealthy. In terms of traditional life insurance, they would either be a decline or have a severe table rating.

Also, you fail to recognize that non FE life products have much higher face amount minimums. Even at a lower price per thousand, the higher face amounts would preclude many of them from being able to afford the minimum.

Here's just one FE case I did last week, and this is not at all uncommon.

Female, 66, non tobacco, she is taking Hydrochlorothiazide, lisinopril, humalog, levothyroxine, and abilify.

I got this lady day one coverage at the lowest price the carrier offers. What could you do for her with a non FE product? I doubt you could place her at all.

Comparing FE to payday loans is beyond dishonest. FE policies are built to absorb heavy risk because the market that demands these products couldn't get coverage otherwise.

Also, you couldn't use a simplified issue product to get these folks covered which means you would have to go fully underwritten. The face amount minimums on fully underwritten products are WAY higher compared to non med products. You may find 1 out of 100 FE clients who could afford the face amount required for fully underwritten products.

Plus, these people do not want exams, so most of them wouldn't do it if you offered.

And in regards to "self insuring", that is not feasible for the FE market. The whole reason they are 50-85 and need insurance to pay for their burial is because they haven't been good with money. If they were, they wouldn't need insurance. Telling them (however unhealthy they are) to simply put money each month in a savings or investment product is like telling a 13 year old to balance a checkbook. Sure they can, but we all know they won't. When they have an insurance policy, it's viewed much differently plus it comes out automatically. Clients could skip a month when it comes to saving money each money, but they know they can't do that with an insurance policy.

Again, you don't know the market, so your comments are baseless and ignorant.

I wouldn't speak on the nuances of the IUL market. I'm intelligent enough to admit my knowledge on these products is lacking. Therefore, I don't attempt to advise people on them as if I were qualified to do so.

 

[suranceman]

Liberal, funny. Go stalk someone else's website and go off topic elsewhere, what a waste of time.
Level: I can get them a traditional IUL or Whole Life for less money better benefit.
Graded: Likely can get them a better policy than FE, same cost and maybe better benefits.
Modified/GI: As I said, rare cases it works if they die in the 3rd to 8th year. By the 8th they're almost self funded. I agree, this policy is good for your 5' bowling ball case somehow still hanging on.

Glad to see you changed you tagline, it was tasteless. Where else can you get 10%? Have you seen the S&P since 2008?

Dec. 31, 2017 21.83%
Dec. 31, 2016 11.96%
Dec. 31, 2015 1.38%
Dec. 31, 2014 13.69%
Dec. 31, 2013 32.39%
Dec. 31, 2012 16.00%
Dec. 31, 2011 2.11%
Dec. 31, 2010 15.06%
Dec. 31, 2009 26.46%

15,546 posts, you obviously seek out posts simply to be a prick.

Look man you simply don't know what you don't know.

If you worked the FE market for any period of time, you would understand that MOST of these clients are very unhealthy. In terms of traditional life insurance, they would either be a decline or have a severe table rating.

Also, you fail to recognize that non FE life products have much higher face amount minimums. Even at a lower price per thousand, the higher face amounts would preclude many of them from being able to afford the minimum.

Here's just one FE case I did last week, and this is not at all uncommon.

Female, 66, non tobacco, she is taking Hydrochlorothiazide, lisinopril, humalog, levothyroxine, and abilify.

I got this lady day one coverage at the lowest price the carrier offers. What could you do for her with a non FE product? I doubt you could place her at all.

Comparing FE to payday loans is beyond dishonest. FE policies are built to absorb heavy risk because the market that demands these products couldn't get coverage otherwise.

Also, you couldn't use a simplified issue product to get these folks covered which means you would have to go fully underwritten. The face amount minimums on fully underwritten products are WAY higher compared to non med products. You may find 1 out of 100 FE clients who could afford the face amount required for fully underwritten products.

Plus, these people do not want exams, so most of them wouldn't do it if you offered.

And in regards to "self insuring", that is not feasible for the FE market. The whole reason they are 50-85 and need insurance to pay for their burial is because they haven't been good with money. If they were, they wouldn't need insurance. Telling them (however unhealthy they are) to simply put money each month in a savings or investment product is like telling a 13 year old to balance a checkbook. Sure they can, but we all know they won't. When they have an insurance policy, it's viewed much differently plus it comes out automatically. Clients could skip a month when it comes to saving money each money, but they know they can't do that with an insurance policy.

Again, you don't know the market, so your comments are baseless and ignorant.

I wouldn't speak on the nuances of the IUL market. I'm intelligent enough to admit my knowledge on these products is lacking. Therefore, I don't attempt to advise people on them as if I were qualified to do so.[/QUOTE]

One other note, your example I have agreed with all along. It was the best option.[/QUOTE]

But that example is the norm. It's not the exception. If it was really rare, I'd agree with you, but it's extremely common to have folks who are that unhealthy.

 

[cruhm1971]

Thanks for the info in a civilized manner. If you truly believe you're doing what's best for you client, kudo's to you! I guess when you don't target an underprivileged market, you don't know it like you said. I appreciate the education.

With that said, I would have started a FE thread if I wanted to argue with someone. Kind of lame to ruin another thread, with 15,000 posts I doubt it's the first time.

 

[suranceman]

Thanks for the info in a civilized manner. If you truly believe you're doing what's best for you client, kudo's to you! I guess when you don't target an underprivileged market, you don't know it like you said. I appreciate the education.

With that said, I would have started a FE thread if I wanted to argue with someone. Kind of lame to ruin another thread, with 15,000 posts I doubt it's the first time.

Your right that this is happening because the market is low income. I image that you don't target this demographic, so your customers probably rarely if ever need an FE product.

For your clientele, I'm sure your non FE products are truly best for them, so kudos to you on that

Take care man!

 

[goillini52]

Liberal, funny. Go stalk someone else's website and go off topic elsewhere, what a waste of time.

Stalking your website...what's to stalk? You put a link to it in your post and I checked out your website. I always do that, because sometimes I learn something. Didn't happen on yours.

I looked no further after reading your FE Blog that was full of misinformation. While it didn't belong in the thread I commented on it in...very few threads stay on track here.

Would you like for me to start a new thread in the FE Forum and post your article?

If not, I'm done here. Talkng to a brick wall is a waste of time.

 

[cruhm1971]

I can help you understand about this company. I recently became involved. They have added a service called the Retirement Rescue Plan. It is truly an amazing service with such value (I can show you, it is worth your time). I have never been more excited to share an opportunity with people as I am about this one. It can literally help anyone!

The retirement rescue plan is dead, but they have made the insurance program pretty darn nice now.

Updated 2021: Retirement rescue plan is back, haha! Retirement rescue plan through Forex trades, scary. The reason I left, his programs changed every month.

 

[wburke99]

Just updating you all, still loving the gig. Remember, we do not make money off sign ups and we don't charge more for insurance. In fact we make less until our team builds up or personal volume reaches a certain level. I've seen some MLM comments. We are just building a strong agency like your life/health/disability IMO with overrides. You can build a team or simply have a place to save your clients money, which may give them more money to buy an important life or disability policy. I think people look for the negative to often. I-Insureme works with an independent agency that has been around since 1980. They love us and we love working with them. We also work with a a great independent agency in Florida for homeowners (great premiums). If you ever have any questions, send me a message.

So Cruhm1971, Are you saying you are referring your Auto/Home prospects to I Insure Me? or to another agency that you are working with. I speak to many clients each week about life insurance but I am P&C licensed so if there is no risk of them trying sell life insurance and only write the Auto/Home, I can get a percentage of the commission and renewals? If it wasn't for a start-up fee I would sign up. I never believed in the pay-to-play model but I would like a place to refer business that I don't write and get paid for it.

 

[wburke99]

I can help you understand about this company. I recently became involved. They have added a service called the Retirement Rescue Plan. It is truly an amazing service with such value (I can show you, it is worth your time). I have never been more excited to share an opportunity with people as I am about this one. It can literally help anyone!

Retirement Rescue Plan? What is that? Is that by building a referral network to I Insure Me? I was thinking about joining them if they didn't require a fee to join. I mean they are asking me to pay them to refer them my clients???

 

[shawnmwalker]

Oh, John, this is not the way....

 

[cruhm1971]

I said in a previous post I would come back and eat crow if it didn't work out. I gave it a good run, but quite simply the CEO Paul literally changed the business model at least once a month. I actually go and look maybe once or twice a year since I have left and nothing has changed other than the good laugh out of it. I loved the basic concept of this program, but Paul was too caught up in the MLM and not the actual writing of insurance. He now has the "Retirement Rescue Plan" which he had once before and it failed. Retirement Rescue and Forex is an oxymoron. I do believe his intentions are good, but his brain is constantly thinking of new ways to make money and not focused on making one thing work.

Fortunately, I have since found an amazing non MLM opportunity that focuses on writing business, overrides if you do find other interested agents and monthly referral fees for getting new agents. The commissions are good and it's new and residual business. I actually bind policies, but if you simply want to have someone else bind them, you just take a slightly smaller percentage. It's a great compliment to my life and health business. Cheers all, the Crow was tasty !