Monumental Solutions Being Phased Out on March 18

85 female non smoker 10k

mon = 129.60
rna = 149.61

about to write this one in the morning, Am I missing something?

No, over 80 is Mon's sweet spot. For females anyway. For men Mon becaome OK at at about age 78.

That's probably going to change with this new deal.
 
Sold for Live Investors.. Aegon bought them and it was downhill from there.

Sold for PFL Life... Aegon bought them and it was downhill from there.

Think both have now been rolled into TA.

Aegon comes calling, I go running.

I forgot about Life Investors. Didn't realize Aegon was caused thei demie.
 
About Mon's UW. I wrote my first policy for them the other day. On the agentnetinfo site it says:

Application has been approved by Underwriting and is awaiting review from New Business before a policy/contract is generated, comments may indicate underwriting decision.

Does that mean no PHI was or will be ordered and that this is a done deal? What does New Business have to do with anything. I thought the decision rested with UW?
 
About Mon's UW. I wrote my first policy for them the other day. On the agentnetinfo site it says:

Application has been approved by Underwriting and is awaiting review from New Business before a policy/contract is generated, comments may indicate underwriting decision.

Does that mean no PHI was or will be ordered and that this is a done deal? What does New Business have to do with anything. I thought the decision rested with UW?


It has been approved, there is no further UW. It just has to be assigned to new business to generate a policy number and be sent out. They also check if there is any errors or missing information on the application.
 
It has been approved, there is no further UW. It just has to be assigned to new business to generate a policy number and be sent out. They also check if there is any errors or missing information on the application.

Thank you sir that's a load off. I really thought this one was going to be problematic.
 
Okay, first of all thanks for the heads up.

Monumental was the first to appoint me. Love having to change gears before I write my first app!

From the gist of what I'm reading, Monumental was best for over 78 M and over 80 F and COPD. (Yes, I'm still oh so green) So is there a carrier that can pick up the slack? Or will these cases just be written at higher premiums from those already in your bag? Who would that be for you?

Andy
 
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