KSKJ the news just gets worse and worse

[Heretolearn]

I brought up all the pts of aggressive underwriting and super low rates being a power keg many times over the past few yrs . I was laughed at as a negative Nelly . There's $1 for every company . With that aggressive underwriting like Trans there's no doubt they've had adverse underwriting claims . But hopefully they don't have to invoke the dreaded fraternal clause at some pt .I disagree with you about " how can agents replace kskj . How does Lincoln heritage write so much with a crazy overpriced product . They're replacing less premium products . Good talking smart agents can replace anything .

i told several other agents on the first trip in cancun that ksjk was going to fail, I have to give them credit that they lasted 9 yrs. I was seriously thinking 4 to 5 yrs and the death claims would roll in. I know they have every singe copd case written for several years and someday that would kill them. I 100% agree that its more than possible for an agent so smooth talk something. What Im saying is why? Why would you spend the time to go back and risk whatever with the company but also risk how it looks to the cleint and then if you can even get them approved elsewhere. this just makes no sense. leave that business sit and move on. If you were talking about agents that make low income sure or ones that dont have a proven method. thats not fex. its rinse and repeat. this is ridiculous to even debate it. And this is also assuming that they are all trash agents that would go put their clients in a worse situation for their own financial gain. and then id say you and rousemark need to speak for yourselves for that kind of bull shit ksjk defamation.

 

[Heretolearn]

I brought up all the pts of aggressive underwriting and super low rates being a power keg many times over the past few yrs . I was laughed at as a negative Nelly . There's $1 for every company . With that aggressive underwriting like Trans there's no doubt they've had adverse underwriting claims . But hopefully they don't have to invoke the dreaded fraternal clause at some pt .I disagree with you about " how can agents replace kskj . How does Lincoln heritage write so much with a crazy overpriced product . They're replacing less premium products . Good talking smart agents can replace anything .

because lincoln heritage is well known to recruit trash agents and teach them trash practices. thats not fex agents. I did catch myself and while I have to agree that from first hand experience I know of from the owners of fex, and we all know publicly how much of a douchebag travis really is. They are fex. they are not the agents. i know many of those guys, this is not who they are. Jd went all in ksjk why? to serve his people. He took a 20 to 30 % cut in commission on every policy that he could have written elsewhere to serve those people with what he believed to be the best. and you all are just stirring the pot with made up bull shit discrediting them now like ksjk did like you know them. dont go making baseless accusations. come with some proof otherwise keep that respect on their name

 

[WinoBlues]

But to come from you an agent and 3 other agents liked this post is just ridiculous.

I am try to figure out which part you don't agree with. Paragraph 1 & 2 were pretty straightforward. 3 was him stating what he believed KSKJ was thinking.

 

[Heretolearn]

I am try to figure out which part you don't agree with. Paragraph 1 & 2 were pretty straightforward. 3 was him stating what he believed KSKJ was thinking.

I didnt read it the same way. In the 2nd paragraph 2nd sentence he said they have every reason to expect wholesale replacement. To me thats not saying what ksjk is thinking thats agreeing with what they are thinking. We are field agents, we arent desk jockeys that dont know any better. yes that is what ksjk is thinking but we all know its not true and that ksjk is just in a fear mindset. You know it makes more sense for these agents to rock new leads and move forward. this is agent common sense

 

[KRobby]

Where's JD ? What does he have to say? He's one of their top producers in the country.

Sounds like Travis is keeping the troops silent as they formulate the retaliation strategy. We'll probably have to wait until the season premier. Hopefully we'll get some trailers or teasers soon.

 

[WinoBlues]

dude cut that holier than though bull shit. FE is a crap product and we all know it. its a necessary part of life. And unfortunately 99% of those that sell it are trying to take advantage of seniors and this gives the opportunity for ethical agents to at least save them some money with a crap necessary product. So to take some holy ground on this is just ridiculous. give off your pedestal bro. you are either in or you are in. Someone else is going to replace it. Someone else is going to lie to them and take advantage of them. If anything if you can do better for them it is your moral and ethical duty to help them and protect them and save them the best you can and be there for them. I could say more but honestly this bs line of thinking isnt worth anymore of my energy.

Props for saying the silent part out loud.

I was taught day one how to replace. Not with poor, uneducated, financially desperate, senior. And I was very good at it.

I very rarely replace a permanent policy now. Just don't find a legitimate reason to start a new contestable period and start the CV back at 0 for a few years.

A recent replacement I did was a policy that was loaned out. And of course traditional term terming out or imploding ULs.

No high horse or pedestal. Just me.

Why would an agent go in and replace a 5 year old policy? On a regular basis? To help the client?

 

[WinoBlues]

You don't think relacement artists won't go back using the maintaience of reserve clause against them?

We were told the Maintenance of Reserves clause did not exist. Also that they were suing agents that used it.

 

[WinoBlues]

Oh and I forgot to add its not even like they could try to replace thier entire book. Graded no way an standard would be ridiculous. So only prefered. only prefered and making yourself look like an *** and putting that black cloud on your name for when the next agent calls or shows up and taking the risk and knowing 90% will say no because our people arent the type of people that say yes to paying more money, they are the brokest of the broke. ITs beyond ridiculous to even think this. Are you really that dumb like stu and tony but your an agent, or once again just stirring the pot but cant be real about it. Im sorry I dont have time for fake ass people. come real and come correct or get the f off my thread

Dude, I have seen so many bad replacements. Reading your post kinda tells me you wouldn't do the stuff I have seen. But yeah, agents put people in higher premium lower face policies.

I have done a grip of defense of replacement. There are some real slimeballs out there.

 

[rousemark]

I don't even know where to start here. Yes you described the exact fear based mindset that those morons over at ksjk are thinking. But to come from you an agent and 3 other agents liked this post is just ridiculous. I'm all for stirring the pot. But you need to put a note that says hey this is a bull shit comment and not a real one. LOL's are necessary for a reason. You cant read sarcasm through text. and you were clearing being sarcastic because as an agent you know better.
No one is going to attempt to roll their ksjk book. No one. And its not because its obvious that ksjk is looking to make an example of someone. Or this is their elaborate plan to save on paying renewals. No, no one is going to roll their book because it makes absolutely zero financial sense to do so. And you know it and the 3 that liked your bullshit know it. So why say it? How does that even work? Hey miss smith I put you with this bad company and we don't think they will pay your claims, I'm sorry. but you can trust me now. So instead I'm going to take you over here and it will be an extra $20 a month for the same coverage. i mean how does that sale even work? with ksjk rates to roll your book you have to play the risky game of discrediting the company, then you make yourself look like a trash agent by I screwed up but trust me now. these people are heavily solicited and you just opened that distrust window. and you have to ell them on paying more money? and lastly thats if it even gets approved.
The reason why ksjk was used so heavily for replacements is at the fault of Stu Buchanan. He came on board and kept literally trans americas application cloned and then was way more liberal with the underwriting and at 15 to 20% lower of a rate. They created this. Stu created this. And ksjk ate it up and loved it and praised fex for it. Now all of a sudden its an issue. Look in the mirror stu and take some responsability dumb ass. more than half of the people approved prefered with ksjk probably wont even be approved prefered elsewhere. So now you arent just talking trying to replace for an extra 20% of rate but maybe more. Its an unknown.
So what makes the most sense? Run new leads already proven and make 10 times more money and remove the what iffs remove the risk remove the discrediting yourself for future referals and repeat business or other lines like medicare etc. It would be beyond assinine for an agent to try to roll their ksjk business and you know it and the 3 yahoos that liked your shit know it, So once again why with the bullshit without the this is sarcasm to stir the pot note?

Slow down cowboy! I was not saying the company should do that. I was simply pointing what what they could do. And, based on how they have acted so far, it would not surprise me. For any company to seek ways not to pay agents earned commission is despicable.

On the other hand, if the company is paying comissions as agreed then an agent should not be replacing the business. The knife is sharp on both edges.

 

[Heretolearn]

Sounds like Travis is keeping the troops silent as they formulate the retaliation strategy. We'll probably have to wait until the season premier. Hopefully we'll get some trailers or teasers soon.

they were promised they would be paid for the trip. So makes sense to not speak on it. dont bite the hand till after your fed