- 3,247
Ahh yes! The leads you use are much better than the SS Benefit lead...
Old American Insurance Company FE
- Thread starter rousemark
- Start date
Ahh yes! The leads you use are much better than the SS Benefit lead...
- Thread starter
- #12
Thanks to the ones that provided info on Old American. It is funny how threads can change direction and take on a life of their own but the lead discussion has been interesting and informative..( since I am thinking of doing my first mail drop since 20 years ago) That is one of the things that makes the forum interesting and fun is you never know the direction a thread will take... unless it is about LH recruiters and JD.. 
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- 19,648
I don't know about their underwriting but they are extremely high priced. Even higher than LH and Bankers. I love finding OA policies even moreso than LH or Physicians Mutual. In fact they are probably more in the price range of PM.
I haven't run into s ingle one where I could not replace it because of health issues so my experience is that they are no more liberal on underwriting than the companies I carry.
I have to AmCon a few times so that does mean they wouldn't fly with RNA or Americo.
There is a new agent posting from Idaho that used to be an OA agent. maybe he can chime in?
I wouldn't waste any time or energy on OA, unless you are replacing them of course!
- 19,648
Yep. I hate them too but there is reason every mailhouse and every FE IMO uses it. It's tried and true. You can try and reinvent the wheel and many have. The $255 SS mailer is the FE wheel.
I don't understand the response to that card. I sure wouldn't send it in but I am not the FE demographic.
- 5,305
I got the same mailer, Rouse.
As far as the mail pieces go...
"If It Ain't Broke, Don't Fix It."
My little piece profited, but not nearly as well as the standard fare works.
I think I could tweak it and improve it to make it workable.
Persistency has been 100% off that card as of 9 months of all the business I placed.
But I'm still with doing what I know works.
As far as the mail pieces go...
"If It Ain't Broke, Don't Fix It."
My little piece profited, but not nearly as well as the standard fare works.
I think I could tweak it and improve it to make it workable.
Persistency has been 100% off that card as of 9 months of all the business I placed.
But I'm still with doing what I know works.
- 3,165
This thread has gotten off track! I think the point was made to forget about Old American though!
Thanks to the ones that provided info on Old American. It is funny how threads can change direction and take on a life of their own but the lead discussion has been interesting and informative..( since I am thinking of doing my first mail drop since 20 years ago) That is one of the things that makes the forum interesting and fun is you never know the direction a thread will take... unless it is about LH recruiters and JD..
- 2,452
I didn't read the entire thread, but I will tell you OA is one of the highest priced carriers out there. Easily replaced even if the policies are several years old. I'm surprised they are still in business, but Lincoln Heritage still finds suckers out there and keeps going so what would stop Old American...
Idahotransplant
Expert
- 30
Confessions of a former OA agent. The company was very good to me. Great agent services. Great customer service for your policy holders. They view you as the customer as well as the policy owners. Loyal to the agent and to the agent manager. Territory specific. You CANNOT write business outside of your agent managers territory. Rates were high. I had a lot of policies replaced. I suspect I met JDeasy vicariously through replacement forms.....LOL,,,
Good luck.
Good luck.
