Just left NASB (warning to other future naive noobs)

[shonceman]

But they are half way thru the 2 year

No, not halfway through year 2, or I would not even consider it. They're not quite through year one (11 1/2 months as of today).

 

[shonceman]

no

Ok. So what are your personal guidelines for replacement? Under what circumstances would you consider it?

 

[noah]

You sound as if you're asking about writing a new policy on someone who has a lapsed policy. That's not a replacement.

A replacement is when you talk Ms. Jones into dropping her current policy or policies (even the ones that have passed the 2 year contestability period) and starting a new policy with you (just so you can make an advance). Especially bad if she has a graded/modified/GI past the waiting period. You really hurt this insured just so your broke arse could get an advance.

The only person that's been helped in this situation is the "broke" broker. Think about the recruiters up here who are always bragging about doing the right thing because it's the right thing to do rewriting Ms. Jones a new policy because now she can save $5 a month. What a disservice to Ms. Jones.

How can anyone with honesty and integrity say this is doing the right thing because it's the right thing to do?

Did you really think about what you just said ?

Did you even comprehend my post ?

Do you think I'm some kinds kid just getting into this business ?

What were you smoking when you responded ?

Or are you really as stupid as you sound here bro ?

Do you think I don't know who you're referring to when you're talking about a recruiter that says "do the right thing........."?

Why are you slandering him ?

He does not advise any agent what you are accusing him of doing.

That's a flat out lie.

You call him a recruiter? Huh ?

The IMO owner you reference mainly let's agents approach him.

Your the recruiter dude. You sound like a carnival barker

In fact shouldn't your posts including your latest are all about recruiting and really need to be in the offers section of this forum ?

Don't you know agents reading your posts are smarter than you ?

Don't you know that's why they end up coming over here or to another IMO that offers many different companies and contracts starting at 115%-120% ?

What do you have over there ?

One little unrated company with 80% contracts,shady managers that keep agents heads underwater ?

 

[myinsurebiz]

Ok. So what are your personal guidelines for replacement? Under what circumstances would you consider it?

IMO just not worth having them start the 2 year window again.

 

[Thedude]

Sorry, missed the response here. I don't bring this up with clients so I don't think I've ever had a full convo on the difference between certificate from a fraternal and a policy. There's some threads on here if you type policy vs certificate if you want to read a little and get an idea. I don't replace very often in general because it does make me nervous even if a client is telling you everything is true I just don't trust them. It's about the family they leave behind.