Name This Product

[Norwayguy]

Got this a few minutes ago.


Bob

Unfortunately, United of Omaha, who issued the group contrct to ABA withdrew the plan from the market.

But they are still using it in emails to attract agents....Awesome.

 

[VolAgent]

They also had a plan for guaranteed-issue life insurance up to $150k with immediate DB and no pre-ex clause. I'm guessing that was terminated with the same contract, probably after they got the first death claim and realized what was going on.

If it is the one I'm thinking of, 360 had a claim inside a week on that product. I never did find out if it was paid or not.

 

[somarco]

They also had a plan for guaranteed-issue life insurance up to $150k with immediate DB and no pre-ex clause. I'm guessing that was terminated with the same contract, probably after they got the first death claim and realized what was going on.

Yup.

Got an email from the same guy about a week after the DI blast.

What's up with MOO/UOO? First they pull their major med off the market after selling it for about 100 years.

Then they came up with the Medigap plan N party.

Now this.

 

[VolAgent]

The GI Life was from Lincoln National.

 

[dgoldenz]

The GI Life was from Lincoln National.

That was through AssureLife. ABA had one almost exactly the same issued by UOO, which apparently has now been terminated.

 

[somarco]

What is ABA? American Bar Association?

 

[dgoldenz]

It was the American Business Assocation or something like that.