Life Companies that do "bill direct"

[The Gimp]

I don't think Monumental does monthly bill.

You're correct.

 

[b61mack]

columbian mutual does

 

[DLY311]

Western & Southern does....oh that lapses are horrific!

 

[b61mack]

yes i would want to be as earned, with that kind of client, if you see a commission check at the end of the month, pleasant surprise.

 

[theinsuranceman]

I'd rather cut grass than deal with direct bill biz, unless they pay semi-annually or annually.

 

[HomeService]

A lot of companies still do it, they don't like to, but they do it. I'm a debit guy, so I don't mind it.

 

[Hopwood04]

Not to keep preaching Settlers Life but they will do direct monthly bill. Not to mention there policy is issued in a funeral trust which avoids Medicaid recovery. I can not offer you a contract, I recommend you call the company directly.

 

[ShanHikari]

Monthly bill is a recipe for lapsed policies.

Unless its autodrafted, then I agree.

 

[Mark]

Avoid direct billing unless you have to do it.

 

[cfgsjohnson]

There are still some Companies that offer monthly direct bill ie
Settlers, UHL, American-Amicable,etc.

"Caution" If you plan on having a long term and rewarding relationship with a Company such as these don't abuse these companies by sending Monthly direct billed business.

"Why" your persistency will be tremendously effected and I guarantee you they will cancel your contract.

There is an alternative to your clients needs, there are still a few Companies that still offer debit mode policies Columbian Life
to name one. These products are priced and designed for this type of market and persistency.

Best wishes,
Cfgsjohnson