Millenial Liberator- Really?

[Life Hawk]

Just sitting on a teain with nothing better to wonder about.

Just finished 2 plus hours of fishing... several bites but no fish... sounds a bit like bad leads.

FORE!

 

[Baseball7]

Train.

 

[rousemark]

Wonder if a mostly captive company like SL made in roads to an independent channel what that would mean to SL. Indepedent agents tend to use many of there carriers for niche issues outside there core company, Offering a competitive super preferred helps them, but I bet you would see more anti-selection "niche" buisness go there way by handing out contracts.

LH is non-competive on price but if you look at what the product is built to take it makes sense the pricing is Standard + 10% in most cases. 0-85 modified, DE, direct bill, multiple occurrence of CA, no build chart, insulin, asthma, etc.

Just sitting on a teain with nothing better to wonder about.

I could be wrong but I doubt SL will ever make great inroads with the independents as long as they maintain their charge back and renewal forfeiture provisions in their contract.

 

[Mattschmidt]

I could be wrong but I doubt SL will ever make great inroads with the independents as long as they maintain their charge back and renewal forfeiture provisions in their contract.

That and my other biggest complaint with them, not paying renewals if someone doesn't want Legacy Assurance. Hopefully, they will re-evaluate these issues in near future. Would help make them look a little more attractive, as an every day carrier.

 

[NSRH]

That and my other biggest complaint with them, not paying renewals if someone doesn't want Legacy Assurance. Hopefully, they will re-evaluate these issues in near future. Would help make them look a little more attractive, as an every day carrier.

What would you think if they had an internal call center at their home office, that calls on their lapsed policies from agents who dont write business anymore to try and get them back on the books?

 

[Todd King]

Todd you're such a silly guy....lol. I don't mean any harm, but you don't know very much about SL. There is not "many leaving". There are the usual losers who leave, but that's true everywhere.
Remember, rumors are just rumors and don't have much credibility. Just like that rumor JD was touting that you don't really know the FE market. Not true...just a rumor....see what I mean?
You sound as if you may be worried that some of your agents have reached out to me ever since the super-preferred and preferred commission rates were raised to the top level. Call me and I'll set you up so you can contract all your agents with SL under your hierarchy. Don't you think that super-preferred are great, along with TV leads hot off the press, along with savings on the casket, vault, and monument for your customers?

It's not considered a rumor if one person is making it up and no one else talks about it.

I've heard this rumor from more than one source now, so I'm leaning toward the side that it may be true. I'll hang on to that and see what else comes from it. No offense, but I simply won't believe what you're telling me as you are very biased about your company and there's a possibility you would swear it's not happening even if it is. I'm sure that if there is any truth to it we will eventually find out for sure.

 

[theinsuranceman]

It's not considered a rumor if one person is making it up and no one else talks about it.

I've heard this rumor from more than one source now, so I'm leaning toward the side that it may be true. I'll hang on to that and see what else comes from it. No offense, but I simply won't believe what you're telling me as you are very biased about your company and there's a possibility you would swear it's not happening even if it is. I'm sure that if there is any truth to it we will eventually find out for sure.

Then why don't you recruit the people leaving and report back with your results? Lol.

 

[Mattschmidt]

What would you think if they had an internal call center at their home office, that calls on their lapsed policies from agents who dont write business anymore to try and get them back on the books?

Ya, that's not a good look. If anything, contact the insured, and then the agent. If agent can re-write, simply pay as earned. Everyone wins in that scenario

 

[HoosierLife]

Ya, that's not a good look. If anything, contact the insured, and then the agent. If agent can re-write, simply pay as earned. Everyone wins in that scenario

He's saying it's from agents that are no longer with Senior Life, I think.

I don't know what I think about it.

I can see why it's an awesome idea for them though.

 

[Mattschmidt]

He's saying it's from agents that are no longer with Senior Life, I think.

I don't know what I think about it.

My bad. I guess if an agent is no longer with them why not. I believe MOO does similar stuff marketing to clients unless you have them opt out of marketing services

All about cutting the agents out of equation