Is Foresters Doing Away with Their PlanRight FX Plan?

[jdeasy]

Their not. It's written in the fine print in a Forester policy and legally it should be explained

Legally speaking you are not to discuss the starte guaranty fund to sell a policy. How would propose to do what you say and stay legal?

 

[rousemark]

Their not. It's written in the fine print in a Forester policy and legally it should be explained

In most states you are not allowed to mention the state guaranty coverage during the sales process.

 

[Tom Harford]

There have been a number of for profit insurance companies that have had problems - some selling themselves to other companies - others having some form of assistance from the various regulated pools.

But, were there any mutuals that went belly up?

 

[John Galt]

Stay back, TINS! I got this!

*they're

Wait, what was the name of that insane chick that used to post here? I be "she got this"

Oh yea, I remember, Mah

 

[VolAgent]

Their not. It's written in the fine print in a Forester policy and legally it should be explained

So, is this some kind of problem or concern? Should I be worried about this?

Do you think I should just replace every fraternal policy I come across?

 

[rousemark]

So, is this some kind of problem or concern? Should I be worried about this?

Do you think I should just replace every fraternal policy I come across?

I think you should.. But you might shoudgive some thought to replacing thier certificates if there are any out there...

 

[VolAgent]

I think you should.. But you might shoudgive some thought to replacing thier certificates if there are any out there...

Ah...

So fraternal policies are a problem but certificates are ok?

Is there any way to tell the difference? I'd hate to be replacing what I thought was a fraternal policy only for it to be a fraternal certificate.

And while we are at it, where are the sororals? Maybe a sororal policy is safer?

 

[John Galt]

Munching popcorn. This is getting good

 

[rousemark]

Ah...

So fraternal policies are a problem but certificates are ok?

Is there any way to tell the difference? I'd hate to be replacing what I thought was a fraternal policy only for it to be a fraternal certificate.

And while we are at it, where are the sororals? Maybe a sororal policy is safer?

Read the fine print.. It is all written in the fine print..

 

[tins]

I think you should.. But you might shoudgive some thought to replacing thier certificates if there are any out there...

I haven't kept up with this thread, so don't know if you're being facetious or not.
My favorite life company to use is a little fraternal (Western Catholic Union). I have never been replaced on anything I've written with them and I always go over the fact that they are a fraternal.