Most Competitive Whole Life?

[Nikita]

"Sorry, my original question should have read - "Which NON-CAPTIVE companies do the experienced agents consider the most competitive for Whole Life?" Captive carriers do not tend to be among the best priced anyway, so I figured that would have been assumed. "

If you're talking Whole Life, not term, you'll find some of the captives are very competitive. That is why they dominate that market. Term is a different story.


What you have to think and explain to clients when you're dealing with Whole Life is that there is a small bunch of companies that are excellent choices for just about everybody out there. The differences are microscopic and a person who buys and holds from any of these companies will do just fine over time.

I would talk to my client in this way...

The thing is I can't sell you some of these because these companies require a captive agent to do that. I work with the companies who are in this group that allow independent agents to write them. You will do well with any of them. I prefer this situation because I can present this company, not because I HAVE to as a captive employee, but as your agent, I CAN CHOOSE to present this company for you.


Guardian, Ohio National, a handful of other mutual are good choices. I use Guardian for Whole Life sales. Why? Solid ratings, good history, allows independent sales. The also have a good DI contract too.

Hope this helps. When you get to the point where you're selling whole life insurance, if you're among the right circle of carriers, it will be about you.

What about Mass Mutual? Are they pretty competitive for WL?

 

[Tahoe Ray]

What about Mass Mutual? Are they pretty competitive for WL?

Very .

 

[Nikita]

Very .[/QUOT

Thanks. I am already appointed for RNA and Mass Mutual so I think I will go with them for now...thanks everyone for your input

 

[Larry Tew]

What about Mass Mutual? Are they pretty competitive for WL?

They're ok if you like that kind of thing. If it were my money, I'd be looking hard at Jefferson Standard, Kentucky Central, Baldwin United, and Executive Life for tobacco users looking for face amounts of 6k or less.

 

[WinoBlues]

They're ok if you like that kind of thing. If it were my money, I'd be looking hard at Jefferson Standard, Kentucky Central, Baldwin United, and Executive Life for tobacco users looking for face amounts of 6k or less.

I started to read that and just kind of got confused for a minute.

 

[InsKid]

Here's a few more top rated carriers for smokers needing face value below $6,000:

Old Faithful Life (WY)
Booker T. Washington (AL)
Imerica Life and Health (AR)

Richard

 

[LGilmore]

"What about Mass Mutual? Are they pretty competitive for WL? "

Now you're getting it. MM is a good company as well.


And Larry? Good one... I started reading that and went.. whaaaaa? Well played sir.

 

[Larry Tew]

"What about Mass Mutual? Are they pretty competitive for WL? "

Now you're getting it. MM is a good company as well.

And Larry? Good one... I started reading that and went.. whaaaaa? Well played sir.

Glad you liked it. I live to serve.

 

[BNTRS]

They're ok if you like that kind of thing. If it were my money, I'd be looking hard at Jefferson Standard, Kentucky Central, Baldwin United, and Executive Life for tobacco users looking for face amounts of 6k or less.

Now I'm going to wait for someone to contact me and ask me what I think of Executive Life's whole life contract.

 

[VolAgent]

Now I'm going to wait for someone to contact me and ask me what I think of Executive Life's whole life contract.

I was really hoping you could chime in on Kentucky Central first. I understand they have really good underwriting?