MoO/UoO Living Promise

[TXInsuranceAgent]

I saw where their Living Promise is taking place of the Whole Life Express on 06/01/2013. I heard that their initial offering of this product was nothing to be excited about but also heard that they have re-vamped the product and underwriting to make it easier to place clients with them. Anyone have any recent dealing with this product and if so how simplified was it?

 

[jacobtn]

It's ok, kind of overpriced and nothing really stands out about it. Much better options out there in my opinion. They do have a $40,000 max face amount which can help sometimes, but usually I can find a better rate through someone else.

 

[GAJ638]

I saw where their Living Promise is taking place of the Whole Life Express on 06/01/2013. I heard that their initial offering of this product was nothing to be excited about but also heard that they have re-vamped the product and underwriting to make it easier to place clients with them. Anyone have any recent dealing with this product and if so how simplified was it?

I wrote three cases with them in one week. They required telephone interviews with two of them. They had me reask several questions on two of them.

I called the underwriter and ask "what happens of they answer the questions the same way? I was told that do to the RX check it indicated further questions but then told me "if the applicant still answered the same" that the policy would not be issued . So I am thinking,"well why in the hell bother to reask the questions then."

I withdrew all three cases and they have been issued with Monumental. So on my limited experience with them, simplified issue? Not so much

 

[VolAgent]

I wrote three cases with them in one week. They required telephone interviews with two of them. They had me reask several questions on two of them.

I called the underwriter and ask "what happens of they answer the questions the same way? I was told that do to the RX check it indicated further questions but then told me "if the applicant still answered the same" that the policy would not be issued . So I am thinking,"well why in the hell bother to reask the questions then."

I withdrew all three cases and they have been issued with Monumental. So on my limited experience with them, simplified issue? Not so much

Being told to re-ask a question is underwriter speak for, "We didn't like your first answer, now give us a different one."