MIB Plan F - Anti Stacking of Policies

[VolAgent]

I agree with that and I have been lied to plenty. The case Newby talked about in another thread where where the agent had the sister do the phone interview was a case I stumbled across. Yes the sister was lying as was the agent. He will probably claim he didn't know but both sisters we present and has the first sister as a client already.

I don't think he will get the chance to defend his action because the lady does not want to proceed with a complaint seing how she was also a part of the fraud. They did cancel the policy.

Still, the insurance makes the rules and we are to simply follow them.There is something fundamentally wrong with changing those rules after issue.

There is a reason that companies will not make it public as th percentage of rescinded policies. Only on I know of tat will give that out is Settlers.

Not only that, I've yet to find a company or home office employee that makes a mistake. Even when they did, it is still the agent's fault. They are masters at the blame game.

 

[jdeasy]

Not only that, I've yet to find a company or home office employee that makes a mistake. Even when they did, it is still the agent's fault. They are masters at the blame game.

Had that situation today too. 3 policies on hold because of my upline contracting issues.

Just got in and have an eamil that it's all resolved and it was company error. Of course the email came from my upline. Not the company. I'm sure the company will blame someone else as they did earlier today.

 

[VolAgent]

Had that situation today too. 3 policies on hold because of my upline contracting issues.

Just got in and have an eamil that it's all resolved and it was company error. Of course the email came from my upline. Not the company. I'm sure the company will blame someone else as they did earlier today.

I realize it is a company and they have to be careful about accepting responsibility in certain situations. But would it really kill them to say over the phone, "You're right, we messed up. We'll fix it, don't worry." A random Starbucks card when they mess up would really go a long way. Just something that acknowledges we aren't paid by the hour and every minute of our time they waste costs us in sales opportunities.

 

[axeman462]

So is everyone here freaking out because of the.24 month "excessive"alert period after the initial mib check?

I feel like its not that big of a deal. Its wrong... But not that big of deal...

 

[jdeasy]

So is everyone here freaking out because of the.24 month "excessive"alert period after the initial mib check?

I feel like its not that big of a deal. Its wrong... But not that big of deal...

It might b a big deal, it might not. I'm sure some companies will abuse it and some it won't make a difference.

 

[RichMcK]

Axeman, what an avatar!! Kinda goes with the idea of AxeMan

 

[Phone Soldier]

I've had my own issues with both underwriters and the MIB. It would appear that if someone were to develop a new condition within 18-24 months of the contestability period, the carrier would use that as an excuse to rescind. Absolutely unfair.