New Trans offering!!

[Baseball7]

They were anti-selected against for only std biz, now they built a product to address that.

 

[jdeasy]

What were the ailments ? I think I read they take dialysis after 1 yr ? Don't they tell you in the fist 3-5 mins if it's declined ? The products basically for sick people . Even the trans guy said that . The question becomes are the going to cherry pick what " sick " people they take ? And are banking on getting some regular people on like direct express to hedge some of the sick ones ?

They did not.

Both were approved level elsewhere.

 

[jdeasy]

They did not.

Both were approved level elsewhere.

This can be spun anyway the pimps want to spin it.

It's just another Trans fail in a long line of Trans' fails.

The dumbasses that designed it deserve all the blame.

 

[Baseball7]

Happy to earn the title as pimp.
far more profitable title then most.

 

[WinoBlues]

Not really Transamerica FE, But Transamerica.

A couple of days ago I sent a client a Compulife spread sheet with some options for $1.5. The plan he chose was a TA level term. As we were talking he asked me to send him some other options in the same price point. Alternatives to TA.

I say sure but ask why. He tells me that he heard their CS sucked. This guy is not an agent. Smart, but not an agent.

 

[Tahoe Ray]

Not really Transamerica FE, But Transamerica.

A couple of days ago I sent a client a Compulife spread sheet with some options for $1.5. The plan he chose was a TA level term. As we were talking he asked me to send him some other options in the same price point. Alternatives to TA.

I say sure but ask why. He tells me that he heard their CS sucked. This guy is not an agent. Smart, but not an agent.

They are a disaster for traditional business. I will only write them if I absolutely have to (foreign nationals being a big one).

 

[FETalk]

I don't get it, what is the point of having two corresponding plans, when they could have just improved their existing one?

Are there other major differences between the new product and their "Immediate Solution" plan, besides the instant decision and the commission/pay bump?

 

[DonP]

I analyzed a lot of the rates . If they take even 1/2 the bad ailments they say this is very sellable to nonsmokers . Obviously now your going to put all your direct express business here irregardless if smoker or not . There non smoker rates seem to be 15% or so cheaper than cica . But as I said let's see if they take the tough ailments they say they will . I do like you get the decision in the first 5 mins or so it seems .

 

[jdeasy]

Not really Transamerica FE, But Transamerica.

A couple of days ago I sent a client a Compulife spread sheet with some options for $1.5. The plan he chose was a TA level term. As we were talking he asked me to send him some other options in the same price point. Alternatives to TA.

I say sure but ask why. He tells me that he heard their CS sucked. This guy is not an agent. Smart, but not an agent.

I just wrote a $500K term policy on myself. On compulife Trans had the best rate. So wrote Trans. I wrote it on a Monday. The examiner called me on Tuesday and asked if she could by that day. I happened to be home and had not eaten anything because I do intermittent fasting. Approved as applied, (preferred), by Thursday of that week. I had the policy in hand the next week. First draft was Sept 15th. I had some issues with them saying they were going to draft 2 months for the initial premium but that go worked out.

 

[jdeasy]

I analyzed a lot of the rates . If they take even 1/2 the bad ailments they say this is very sellable to nonsmokers . Obviously now your going to put all your direct express business here irregardless if smoker or not . There non smoker rates seem to be 15% or so cheaper than cica . But as I said let's see if they take the tough ailments they say they will . I do like you get the decision in the first 5 mins or so it seems .

They are not going to approve those people.