Is FE in Clients Best Interest?

[DHK]

Thanks for helpful info. I'm not sure what a term rider is. I'm in IL. I'm not licensed. Any ideas quickest/cheapest way to get licensed?

So let me get this straight:

You started this thread based on determining if FE is in a client's best interest... and yet you haven't even started the licensing process so you could make up your own mind?

Been listening to Suze or Dave Ramsay on insurance matters again?

The sooner you are aware of your own biases, the better you and your clients may be.

 

[dtownboy]

Thanks for helpful info. I'm not sure what a term rider is. I'm in IL. I'm not licensed. Any ideas quickest/cheapest way to get licensed?

Sign up for a study program like exam FX or similar study the the material then take the test.

 

[jdeasy]

I like GUL as well.

Every LEGITIMATE product has a given application where it fits and solves a problem. The challenge is figuring that out and sticking to it, regardless of compensation %'s.

So you recommend GUL's for the FE demographic? Interesting. How many of those have you sold to FE prospects?

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I understand. If you do not believe in GUL you should not sell them. I do so I do

I'm pretty sure I was only speaking for me.

But I understand that people that don't make their living selling FE would have a different opinion on how to do it than someone that does.

 

[DHK]

Uh... no. I must've mistyped somehow.

I like GUL as a product, but it still has to fit. Same thing with UL or IUL. I like the product, but if it's not the appropriate fit, it won't work.

 

[WinoBlues]

So you recommend GUL's for the FE demographic? Interesting. How many of those have you sold to FE prospects?

What is the FE demographic?

What is the typical FE Prospect?

What is the FE market?

BTW, I don't think he said that.

 

[jdeasy]

What is the FE demographic?

What is the typical FE Prospect?

What is the FE market?

BTW, I don't think he said that.

This is the FE forum. The questions are in an FE thread. One would follow we are talking about FE.

Of course the agents that don't sell FE for a living don't get that connection.

 

[myinsurebiz]

I wouldn't have a clue. According to this guy in Kentucky, seems like I heard Americo's at around 50%, but my memory's not what it used to be.

No way it is that high . . . Has to be less than 1% . . .

This is the FE forum. The questions are in an FE thread. One would follow we are talking about FE.

Of course the agents that don't sell FE for a living don't get that connection.

Geez - you need to take meds . . . Snarky as hell . . .

 

[jdeasy]

No way it is that high . . . Has to be less than 1% . . .



Geez - you need to take meds . . . Snarky as hell . . .

No, again you don't know what you're talking about. That was a bait post and I obliged. You are too stupid to know what I just said.

 

[WinoBlues]

This is the FE forum. The questions are in an FE thread. One would follow we are talking about FE.

Of course the agents that don't sell FE for a living don't get that connection.

No answer?

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[jdeasy]

I wouldn't have a clue. According to this guy in Kentucky, seems like I heard Americo's at around 50%, but my memory's not what it used to be.

No way they pay 50% of contestable claims. An FE company president recently told me the industry average is 40% of contestable claims are paid.

Columbian Life reportedly told their agents at their last convention that they paid 48% of contestable claims.

I doubt that claim.

There's a reason companies won't tell what their rate is. It's not because they are proud of it.

The guy that told me the industry average is 40% wouldn't answer when I asked what their percentage is. Claimed he didn't know. Knows everyone else's but not his own?

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No answer?

......................

No answer to what? The questions that I've answered 100's of times to deaf ears?