Oldest Life Insurance Company in the U.S.?

I was talking about termlife2go but I agree with you about Manhattan. I also like that they have a "hometown" feel with their home office.

I don't write much with them but I've been happy with the handful of cases that I have.
I was talking about termlife2go but I agree with you about Manhattan. I also like that they have a "hometown" feel with their home office.

I don't write much with them but I've been happy with the handful of cases that I have.
The only problem I have with them is their agent communication is almost non existent at times They have pulled plans and added others without any notification. I learned of the discontinuance of two plans by submitting apps for them only to be told they no longer offered them.. They have held some webinars lately.. Fridays at 11:00AM Eastern... Not everybody can attend at that time so you would think they would record them and post them in the training section on the agent website.. So far they have not done so.. They have a great website but they could make better use of it..
 
The only problem I have with them is their agent communication is almost non existent at times They have pulled plans and added others without any notification. I learned of the discontinuance of two plans by submitting apps for them only to be told they no longer offered them.. They have held some webinars lately.. Fridays at 11:00AM Eastern... Not everybody can attend at that time so you would think they would record them and post them in the training section on the agent website.. So far they have not done so.. They have a great website but they could make better use of it..

Their website suck too. But overall they're pretty easy to work with...
 
In the 70's Manhattan was known for cheap YRT and GTL with extremely high non-med limits. That second part cost them and their reinsurers a LOT of money.
 
Northeast Agent said:

And there was a story just a few years back where a daughter was collecting one of those pensions. She was WAY old and in a nursing home. If I remember correctly, her father was really old, around 70 when she was born, then when he passed the mother got the pension then she did.

It was really low, like maybe $40 a month or less. I'll try and dig it up tomorrow.


Irene Triplett, last Civil War pensioner who got $73 monthly, dies

Irene Triplett received monthly check for $73.13 from the Department of Veterans Affairs as her father, Mose Triplett, deserted the Confederates just before Gettysburg and later joined the Union army to fight.

The Washington Post and Wall Street Journal reported that Triplett was living in a North Carolina nursing home before she died May 31.

According to the Post, Triplett received the monthly payment because she suffered from cognitive impairments and qualified as "a helpless adult child of a veteran."
 
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