Need Advice on FE Case

Nov 2, 2016

  1. yogooglethis
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    yogooglethis Guru

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    NS 73 male in Fl with COPD , controlled HPB bypass surgery 4+ years ago which he takes a blood thinner for.

    was recently bought a graded 8k DB from Pioneer American over phone for 127.00 but he claims he was not aware it was a graded policy and also thought it was a 10k policy instead of 8k (Is this a common happening with FE sold over the phone?)Anyway any possibility of level coverage? what would be the best rate for graded or GI
     
  2. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    You didn't mention it, so I'm assuming no oxygen. For $8K:

    Great Western $95.00 for $8,125 Level(if no oxygen and no change in meds for past 2 years)
    LBL Level(Simple Standard) $106.66
    Equitable Level(Standard) $122.41
    I don't carry Tranny, but I think they'd do Level(Standard) $100.78

    True Graded:
    ACI $108.00
    Sentinel Security $109.35
    Foresters $113.68
    Humana $139.07

    GI:
    Gerber $85.98
    American General $89.35
    Fidelity Life $113.67
    Great Western $116.25

    Modified/ROP:
    SNL $104.11
    Standard Life & Accident $112.91

    There are others, these are just the ones I carry(I don't have AIG or Fidelity). Lots of better options.
     
  3. Chazm
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    Chazm Guru

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    I was about to say Gerber as well
     
    Chazm, Nov 2, 2016
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  4. jdeasy
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    jdeasy Guru

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    It is very common for people to have an ROP, not graded, plan that was sold by phone and believe it was level coverage.

    You hear those stories all across the country. Especially when they have Pioneer.

    Is everyone misunderstanding or are those agents misleading them?

    As for coverage, if not on oxygen several companies in Fl would do level coverage. Trans probably the best bet for level. RNA and Foresters would have a true graded. Also Aetna.

    Beware of companies calling ROP "graded".

    ----------

    No way this person has to go ROP unless on oxygen.
     
    jdeasy, Nov 2, 2016
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  5. Rearden
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    Rearden Guru

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    For the record, Great Western does not take COPD as level coverage, despite what the application implies.
     
    Rearden, Nov 2, 2016
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  6. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    That's good to know.:yes:
     
  7. yogooglethis
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    yogooglethis Guru

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    No oxygen .thanks for all the great advice!
     
  8. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    No problem.........
     
  9. Todd King
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    Todd King IMO/FMO Owner

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    Did hell just freeze over? :swoon:
     
  10. rousemark
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    rousemark Still Here!

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    That would only be the case if he were recommending Settlers. :)
     
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