Individual Accident Insurance
- Thread starter Trotter
- Start date
- 8,707
Thank you. Those are the guys that often can't afford to go 90 days.
Wonder how long the claims take through MoO.
lol on the panicky wife and transmission issue. Hope that gets fixed easily.
Looks like it was the linkage hopefully not to bad. I also appreciate your example because shown the way you presented it gives it a lot of sizzle for the premium.
It's all I had in my bag at the time. MoO sounds like a good plan especially with zero elimination period. Acciflex also gives you up to $250,000 in accident only term though.
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Transitioned into the senior market.
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In my experience the guys that can't afford to go 90 days are the ones that lapse their policies on a fairly consistent basis! DI is the first thing to go when the SHTF!
- 8,707
In the example give for the acciflex loaded up with benefits at $53 a month the accident di portion was $9 a month with MoO you could keep the premium the same and shorten the elimination period or you could even bump up to true Short term DI just decrease the benefit period a little bit.
Thank you Norway!!!
Thomas, I agree, those guys who can't afford 90 elim period, are the ones who lapse their policies, and this guy would probably do that even before his gym membership. He's also stuck on how he loves his Combined...haha, since it's only $16 a month--I didn't get into that with him on the phone, but will when I see him. Even the base policy of either MoO or Assurity would be better than that.
I probably will get contracted with MoO. It all makes sense and does serve a purpose.
Thanks a bunch. That's why I came back to this forum--to learn more about what's out there and which route to take post ACA.
Thomas, yes, it seems a lot of people transitioned into the senior market. I was thinking about that myself. Seems like a lot of headache with all the AHIP and rules and regs. I do see that it would be profitable. I hope that's all working out for you.
For some reason I shy away from the senior market. Well, the reasons are plenty...fixed incomes, too many rules and regs, when I can barely keep up with all the other changes..and, it would make me think daily about my own mortality...lol. Some people are very good at it though and I admire those people. IF there was no choice I would do it.
Thomas, I agree, those guys who can't afford 90 elim period, are the ones who lapse their policies, and this guy would probably do that even before his gym membership. He's also stuck on how he loves his Combined...haha, since it's only $16 a month--I didn't get into that with him on the phone, but will when I see him. Even the base policy of either MoO or Assurity would be better than that.
I probably will get contracted with MoO. It all makes sense and does serve a purpose.
Thanks a bunch. That's why I came back to this forum--to learn more about what's out there and which route to take post ACA.
Thomas, yes, it seems a lot of people transitioned into the senior market. I was thinking about that myself. Seems like a lot of headache with all the AHIP and rules and regs. I do see that it would be profitable. I hope that's all working out for you.
For some reason I shy away from the senior market. Well, the reasons are plenty...fixed incomes, too many rules and regs, when I can barely keep up with all the other changes..and, it would make me think daily about my own mortality...lol. Some people are very good at it though and I admire those people. IF there was no choice I would do it.
lifeinsuranceguide
New Member
- 4
I am also in your area & looking for a cheap policy. I have talked with many insurer but all are asking for higher premium. Worried!!!
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