Monumental Solutions Being Phased Out on March 18

[inreverse]

American Memorial is better than Monumental on the oldies without COPD

 

[TPAAgent]

Life Investors? Theres a blast from the past- sold alot of their term products back in the day

On this transition- From what I read in the product bulletin it looks like they'll take monumnetal if a state is not yet approved for 30 days???

Is this 30 days from April 18???

What if a state is not approved by then.. say like Florida?

Maybe I'm reading it wrong but it sure looks like thats the case-

I am with 2 different IMO's for AEGON , 1 for monumnetal, and the other two, Stonebridge/TransAm with another.. Good way to get out from a bad monumental contract without waiting 6 months

Currently now, any agent can use either their Stonebridge or Monumental agent # on the Monumental app.. Wonder if this will apply with the TA app...

Would call them, but like someone mentioned- I might actually be dumber when I hang up than before placing the call

 

[Todd King]

If the new app is not approved in your state, then you keep using the old app. Once they get the app approved, they'll continue to take the old app for 30 days.

 

[LonghornMark]

What will that do to the commission rates? I know monu is 100+%, but was told trans isn't as high and doesn't advance the same as monu.

 

[skay]

American Memorial is better than Monumental on the oldies without COPD

Securus just sent out an email referencing American Memorial Life, is this going to be their replacement for Monumental???

 

[Todd King]

The Monumental commissions won't be changed to reflect the TA commissions.

Theres no reason to replace Monumental. I keep getting these kinds of calls from agents asking what they are going to do. For some reason they think Monumental is going out of business!

 

[jdeasy]

The Monumental commissions won't be changed to reflect the TA commissions.

Theres no reason to replace Monumental. I keep getting these kinds of calls from agents asking what they are going to do. For some reason they think Monumental is going out of business!

If these changes take effect on Monday why have the agents not been notified by Monumental? It's not on their agent website and the only place I'v seen it is here at the forums.

 

[T.Heard114]

jdeasy if you go to agentnetinfo.com it's there on the front page, but I didn't receive an e-mail announcing the changes.

 

[Guest]

longjohnMarK: What will that do to the commission rates?

Immediate Solution LP 99: year 1: 100%, years 2-5: 7%, years 6-10: 7%

 

[jdeasy]

jdeasy if you go to agentnetinfo.com it's there on the front page, but I didn't receive an e-mail announcing the changes.

OK. I see it there now. I was at the website this morning and either it wasn't there or I didn't notice it. Thanks.