Although it has not hit in Georgia yet, their rate hikes are kinda steep. No real reason to sell Pru if you have Omaha in general IMHO.
LTC with Mass Mutual
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Although it has not hit in Georgia yet, their rate hikes are kinda steep. No real reason to sell Pru if you have Omaha in general IMHO.
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When you exhaust your benefit, what can you tap into?
You mean 1 pool of money for Nursing, Home, assisted living ?
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Arthur Rudnick
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I think that's an oxymoron...............
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Stratecision was what I considered expensive last time I checked.
I prefer using the company software. Maybe I'm "old school".
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Arthur,
I think I might be a billmoron.
What I meant was, when money is about the same, Pru or MoO?
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How expensive is Stratecision these days?
I think I might be a billmoron.
What I meant was, when money is about the same, Pru or MoO?
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How expensive is Stratecision these days?
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Arthur Rudnick
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Bill,
I'm not sure about the DEEP South, but in NY, Pru is always more expensive than MOO. But, if it cost the same, it's probably a toss-up. Both have a cash benefit of 35%-40% and you can match up all of the options.
Straticision is worth every penny (~$300) no matter what it costs.....in terms of saving you time and making you look like you did all the shopping necessary to convince a client not to talk to 5 more agents. Who reads all the fine print in a multi-page carrier illustration anyway when all you need is a tool to quickly help someone cut through the crap of which carrier to choose based on who charges what for what. Straticision is a cost of doing landslide LTC business.....just like CompuLife is for life insurance, or Norvax/Quotit is for health insurance.
If you only sell 5 LTC policies a year or if you are essentially captive to one carrier....then Straticision is not for you.
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what!!! You are not selling Evolution???
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Yes, all benefits come from one pool, each person has their own pool. With the shared care rider, at least I think that is the name, there is a third pool that can be utilized by either spouse once their personal pool is exhausted.
Their spiel is that you never have to worry about using up your spouse's benefits.
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what!!! You are not selling Evolution???
No, But I sold an LTC 3 last week, showed one yesterday that beat the competetion, and wrote another one today. Point being, I write for all of them, but Pru beat the competetion three times in two weeks. I've never had that happen before. Kinda got my attention. Stratecisioned all of them.
No, But I sold an LTC 3 last week, showed one yesterday that beat the competetion, and wrote another one today. Point being, I write for all of them, but Pru beat the competetion three times in two weeks. I've never had that happen before. Kinda got my attention. Stratecisioned all of them.
Arthur Rudnick
Guru
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OH.....
That 3rd pool is for a shared-care policy. Makes sense.
I'm appointed with Mass Mutual but pay very little attention to them so I'm not well versed with their benefits. They have a NY specific policy.
What I know from experience about Mass Mutual is this:
Generally, their captive agents know squat about LTCi. And, what they don't know, they either lie, mislead or misrepresent.
I'm just saying..................
