New Trans offering!!

[DonP]

I don't follow you; as I previously mentioned, their Immediate Solution plan provides day 1 coverage for those conditions as well.

Check out the underwriting guide & chart.

lol . Did you get any of those things issued with Immediate solutions ? Fat chance in hell

 

[jdeasy]

lol . Did you get any of those things issued with Immediate solutions ? Fat chance in hell

I agree. Those are declines on both products.

 

[FETalk]

lol . Did you get any of those things issued with Immediate solutions ? Fat chance in hell

I agree. Those are declines on both products.

If what you guys are saying is true, then it would be a "wash" in regards to the underwriting between the two products, however, the "Immediate Solution" plan would still be a better product (price-wise) - at least in theory - for clients.

 

[hockeyday]

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.

What did that run you, did you do 10 or 15 years

 

[WinoBlues]

Just an FYI - other FU companies say two months draft as well. But only draft the first month if delivery requirements are timely.

 

[jdeasy]

What did that run you, did you do 10 or 15 years

I did the 10 year. I figure I’m only going to have it 3 or 4 years.

Just over $200/mo.

 

[jdeasy]

If what you guys are saying is true, then it would be a "wash" in regards to the underwriting between the two products, however, the "Immediate Solution" plan would still be a better product (price-wise) - at least in theory - for clients.

Right. There was no need for this product as it’s designed.

Just a normal Trans thing. They sought advice from company men.

They got what they deserve.

To be a little more specific, Trans was told that if they did a better, faster eApp and raised commissions that agents would write it regardless of the high price. Even for healthy people.

I say that’s a bunch of bullshit.

We will see who’s right.

But I already know.

If there’s betting somewhere on the shelf life of this product I’m taking the under on 6 months.

 

[jdeasy]

Just an FYI - other FU companies say two months draft as well. But only draft the first month if delivery requirements are timely.

I know it used to be that way. But they were trying to make mine effective a month before I requested.