Mutual Of Omaha weirdness ...

[MedicareMutt]

Anybody experience this one ..? So we have this client on a Plan N through M.O.O since Feb. of 2023 ... yesterday she asks about a "Cancer, Heart attack or Stroke" policy ... sure enough M.O.O offers a critical illness policy ... turns out they have 2 options. The phone guy confirmed that M.O.O will send solicitations to clients for these products. One a broker can write people on ... it's a "lump sum" that pays a one time cash amount starting at a 10K benefit option the other is ... "Direct To Consumer ..." which brokers have no involvement with ... the phone guy couldn't go into the terms of it with me ... before I start ranting ... thoughts?

 

[Tahoe Ray]

Anybody experience this one ..? So we have this client on a Plan N through M.O.O since Feb. of 2023 ... yesterday she asks about a "Cancer, Heart attack or Stroke" policy ... sure enough M.O.O offers a critical illness policy ... turns out they have 2 options. The phone guy confirmed that M.O.O will send solicitations to clients for these products. One a broker can write people on ... it's a "lump sum" that pays a one time cash amount starting at a 10K benefit option the other is ... "Direct To Consumer ..." which brokers have no involvement with ... the phone guy couldn't go into the terms of it with me ... before I start ranting ... thoughts?

Yeah, write her with Assurity. The direct to consumer product is cheaper (last time I checked) than the one that's broker sold.

Assurity is cheaper (and better) than both.

 

[MedicareMutt]

Yeah, write her with Assurity. The direct to consumer product is cheaper (last time I checked) than the one that's broker sold.

Assurity is cheaper (and better) than both.

Thanks, and of course the "Consumer Direct b.s." option is better ... i thin k that's lame of M.O.O. to pull that ... we bring them in ... and M.O.O. cuts our throat ... just weak ... yeah, I'll get with Assurity ...

 

[MedicareMutt]

She is 71 ... Assurity only offers CI to age 70 looks like ... the price looks comparable with the M.O.O. Broker CI option ...