Lincoln Heritage Have You Heard ?

[gordon112]

Score..................
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You tried Polk county yet?

Lots of nuggets if you're willing to make the drive

I haven't entered the field yet, but thanks for letting me know, I figure I will be willing to drive even up to pasco, hernando, and some of sumpter county.

 

[theinsuranceman]

After reading this thread I am wishing there were some LH agents in my part of NC. I could use the activity! I have not run into but two I think over the last couple of years. I

Where are you located in NC? I live in Raleigh. NC is crawling with LH agents. Call me and I'll point you in the right direction. If you need a zero health question app for ages 0-85 (in NC only) let me know also....Greg....252-292-3350 anytime.

 

[risingstarlife]

Where are you located in NC? I live in Raleigh. NC is crawling with LH agents. Call me and I'll point you in the right direction. If you need a zero health question app for ages 0-85 (in NC only) let me know also....Greg....252-292-3350 anytime.

Senior life? No way. I have monumental and royal neighbors. Thanks anyway

 

[theinsuranceman]

Senior life? No way. I have monumental and royal neighbors. Thanks anyway

No problem. When you come across someone you can not write (8 yr. old on dialysis, chemo, or has aids for example), let me know. Thanks in advance.

 

[Mattschmidt]

No problem. When you come across someone you can not write (8 yr. old on dialysis, chemo, or has aids for example), let me know. Thanks in advance.

Now that's a good target market! In all seriousness, it is nice you have a product that covers young people with those types of ailments. I will give SL credit for that

 

[TPAAgent]

Now that's a good target market! In all seriousness, it is nice you have a product that covers young people with those types of ailments. I will give SL credit for that

I'd imagine it's less than 1% of business

 

[SKQuinn]

From AM Best:

OLDWICK, N.J., MAY 08, 2012
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Lincoln Heritage Life Insurance Company (Lincoln Heritage) (Springfield, IL).

The negative outlook reflects an increased level of financial leverage within Lincoln Heritage, which is anticipated to result in dividend calls on the company. Future dividend requirements may be exacerbated in a rising interest rate environment. Moreover, as a result of increased new business, Lincoln Heritage has increased its reliance on reinsurance, resulting in higher reinsurance leverage over the last two years. Other negative rating factors include Lincoln Heritage's exposure to structured securities, which represents a substantial proportion of its statutory surplus, a limited business profile and dividend payments that have constrained surplus growth.

The rating affirmations reflect Lincoln Heritage's prominent market position in the final expense life insurance segment, consistent direct premium growth, a return to positive net overall results and a more than adequate risk-adjusted capitalization position. The company's effective lead generation program and affiliation with the Funeral Consumer Guardian Society has enabled Lincoln Heritage to be a prominent participant in the growing senior marketplace.

Factors that may lead to negative rating actions include deterioration in Lincoln Heritage's balance sheet quality, limited surplus growth, increasing financial leverage within the company and any further reliance on reinsurance. Factors that may lead to revising the outlook to stable include reduced leverage at Lincoln Heritage and an improvement in the quality of its capital through the retention of earnings.

The methodology used in determining these ratings is Best's Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best's rating process and contains the different rating criteria employed in the rating process. Key criteria utilized include: "Understanding BCAR for Life/Health Insurers" and "Evaluating Non-Insurance Ultimate Parents." Best's Credit Rating Methodology can be found at Ratings Methodology redirector.

In addition to this, they just sold off their Pre-Need/Funeral division to National Guardian Life. Maybe that has something to do with what's happening with Lincoln?!

 

[WinoBlues]

No problem. When you come across someone you can not write (8 yr. old on dialysis, chemo, or has aids for example), let me know. Thanks in advance.

That is solid!

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

 

[GAJ638]

Where are you located in NC? I live in Raleigh. NC is crawling with LH agents. Call me and I'll point you in the right direction. If you need a zero health question app for ages 0-85 (in NC only) let me know also....Greg....252-292-3350 anytime.

Greg: I am in the triad area. I am sure there are LH agents over here but I have not run into any of their policies. I do not get over to raleigh too often.

 

[theinsuranceman]

Greg: I am in the triad area. I am sure there are LH agents over here but I have not run into any of their policies. I do not get over to raleigh too often.

Whenever you do come to Raleigh let me know.