Out of Your Favorite Carriers

[jdeasy]

They are counting on me as an agent to have integrity.
I as the agent have enough integrity that if I receive the lead paid for by UH, then I represent their product <first>... if it is not a fit, not able to be issued for one reason or another, then I am free to offer them another option. Capiche'

If I am providing them a quality company and an insurance contract that they otherwise do not have, and absent the mkting provided... and the integrity of yours truly... not to mention the excellent ability to get them to take action on obtaining a life ins policy, then they may meet the maker w/o any coverage. It is my job to make certain that this doesn't happen.

I guess it is your job to second guess someone with integrity, w/o knowing the arrangement or reason that a specific product is offered.

PS. UH is far from being the highest paying option that I have... it is merely the product that should be offered in the above arrangement, even though it may be the lowest paying option.

I appreciate your putting your integrity first as far as the company goes but that may not be in the interest of the client.

If the client doesn't get the best value does it really matter where the lead came from? Not to the prospect.

I was in that same boat with LH. I could not in good faith put people with LH when I knew it was not in their best interest. I told my upline to stop sending me leads. They me over $800 in leads even after I told them to stop.

 

[VolAgent]

I appreaciate your putting your integrity first as far as the company goes but that may not be in the interest of the client.

If the client doesn't get the best value does it really matter where the lead came from? Not to the prospect.

I was in that same boat with LH. I could not in good faith put people with LH when I knew it was not in their best interest. I told my upline to stop sending me leads. They me over $800 in leads even after I told them to stop.

I have to agree with Sportsnut here, he made an agreement with UH and he keeps it. Also, apparently these leads are generated by UH, so these people are responding to them and wanting to buy from them.

Finally, unless Sportsnut is replacing existing coverage, doesn't whitewash the app, and respects their budget, these people are better off to have met him.

As much as I don't care for Primerica and Northwestern Mutual, everyone who buys from them who didn't previously have coverage is in a better place. After all, they now own insurance and we all know it is vastly easier to sell to someone who has already bought than a person who never has.

 

[liquidglass]

5 star does 48 hour turn around time for commission and has 50% of claim check in hand within 24 hours. Just one of my personal favorite.



Of course you can PM me if you need a contract

 

[jdeasy]

I have to agree with Sportsnut here, he made an agreement with UH and he keeps it. Also, apparently these leads are generated by UH, so these people are responding to them and wanting to buy from them.

Finally, unless Sportsnut is replacing existing coverage, doesn't whitewash the app, and respects their budget, these people are better off to have met him.

As much as I don't care for Primerica and Northwestern Mutual, everyone who buys from them who didn't previously have coverage is in a better place. After all, they now own insurance and we all know it is vastly easier to sell to someone who has already bought than a person who never has.

I'm not disagreeing with him. You have to honor where the lead came from. I've been in that spot too. It's just not a good spot to be in.
- - - - - - - - - - - - - - - - - -

5 star does 48 hour turn around time for commission and has 50% of claim check in hand within 24 hours. Just one of my personal favorite.



Of course you can PM me if you need a contract

I've never seen 5 Star have a 48 hour turnaround and I've been contracted with them for almost 4 years. I wouldn't kick them to the curb because they are a fine company to carry but speediness in issue or pay is not their strong suit.

 

[GoCubsGo]

+1 on all dat for UH......

The only comment about 'Price'... the UH FE plans are a lot cheaper than dying w/o life ins.
And everyone that I sell UH FE Life to doesn't have any life ins... if they were price conscious they would already own the cheapest plan on the mkt, wouldn't they...? Like the old saying goes, which is the policy to own...? The one that is 'IN FORCE' the day that you die. Price is a lot bigger issue than most Agents make of it. Only a factor when they already own something and you are trying to beat the existing premium.

I too agree that you should honor where the lead came from but that is NOT what was said here. He is saying he doesn't get his clients the best price and that price isn't a concern. Price is only a concern for him when trying to replace a policy. Otherwise it's whats best for him.

If he does do whats best by his clients despite what it appears here then I commend him. If not then to each his own I guess but I wouldn't brag about it.

 

[tins]

I've never seen 5 Star have a 48 hour turnaround and I've been contracted with them for almost 4 years. I wouldn't kick them to the curb because they are a fine company to carry but speediness in issue or pay is not their strong suit.

I'm having that problem with them, as well. I had a policy issue a month ago, there was a mistake with the commission...after countless phone calls, emails, and faxes- it still has not been resolved.
I'm getting ready to drop them completely from my bag. I'm sure they're a fine company, but they don't offer anything that I can't get elsewhere.

 

[SportsNut]

Price is only a concern for him when trying to replace a policy. Otherwise it's whats best for him.

If he does do whats best by his clients despite what it appears here then I commend him. If not then to each his own I guess but I wouldn't brag about it.

As stated, the UH contract is what is the lowest paying arrangement that I have... so it surely isn't based on what is BEST for ME... but I honor where the lead came from, and hence offer the UH product... unless it doesn't get the job done... like COPD, extreme BMI, etc. Likewise, as VolAgent stated... these folks are responding to a mkting campaign by UH and had that mailing not been done, maybe these folks are w/o life ins, period. Who is to say? But because of the mkting and the appt, they are now insured; over and done with. So which is better; to have NO life ins as they were previously, or to have UH life ins as they are now? Easy one... [rationalization on my part, maybe, but the UH product isn't junk either].

Lets regress somewhat... the thread is about favorite companies... and UH is by far my fav co to do biz with.... and I merely agreed (+1 with WinoBlues in his post), albeit for the rates being somewhat higher... [maybe 20%], they would be the perfect storm....

Again, speaking to the lowest rate and what is best for the client... what is best for the client is to HAVE an IN FORCE life ins policy. What these prospects are not doing is shopping for rate, they are shopping for IN FORCE insurance... and many of them do not think that they are insurable... but of course they are, even if modified covg. Also, regarding UH, for Graded and Modified Benefit covg, their rate is likely one of the best out there... so it is not an absolute to say that their rates are higher, just in cases of healthy clients, which may be the minority of the cases written with these leads.

But UH is a great co to deal with... which was what the thread was all about.

 

[jdeasy]

As stated, the UH contract is what is the lowest paying arrangement that I have... so it surely isn't based on what is BEST for ME... but I honor where the lead came from, and hence offer the UH product... unless it doesn't get the job done... like COPD, extreme BMI, etc. Likewise, as VolAgent stated... these folks are responding to a mkting campaign by UH and had that mailing not been done, maybe these folks are w/o life ins, period. Who is to say? But because of the mkting and the appt, they are now insured; over and done with. So which is better; to have NO life ins as they were previously, or to have UH life ins as they are now? Easy one... [rationalization on my part, maybe, but the UH product isn't junk either].

Lets regress somewhat... the thread is about favorite companies... and UH is by far my fav co to do biz with.... and I merely agreed (+1 with WinoBlues in his post), albeit for the rates being somewhat higher... [maybe 20%], they would be the perfect storm....

Again, speaking to the lowest rate and what is best for the client... what is best for the client is to HAVE an IN FORCE life ins policy. What these prospects are not doing is shopping for rate, they are shopping for IN FORCE insurance... and many of them do not think that they are insurable... but of course they are, even if modified covg. Also, regarding UH, for Graded and Modified Benefit covg, their rate is likely one of the best out there... so it is not an absolute to say that their rates are higher, just in cases of healthy clients, which may be the minority of the cases written with these leads.

But UH is a great co to deal with... which was what the thread was all about.

OK, in that vein, AmCon is by far my favorite company to deal with and write. It is also my lowest comp company. They are not my go to company because their rates are too high so I only use them for clients that can't get covered by RNA, Americo, Monumental, Foresters, etc.

I don't know how fast they or if they pay advancing on issue. I am as earned with them and they pay twice a week.

I'm also as earned with Foresters, AmAm and Mon. Foresters pays the as earned once a week. AmAm and Mon only pay the as earned agents once a month.

Back to AmCon, if they were to lower their rates as Americo did 2 years ago they would move to the top of my list. I do have to do a POS with them and I hate POS interviews but I can knock their's out in about 5 minutes.

 

[WinoBlues]

The OP asked who pays the fastest. I answered United Heritage. IMO they are hard to beat. Both on issue paid and claims.

In my example I gave the client and choice lower priced fraternal that requires a DC. Or an admitted Life Insurance that will pay quickly without a DC.

I replace a lot of FE policies that FE only agents inappropriately write on healthy people. Most of them easily fit regular life insurance. But the agent either did not know better or took the easy way.

 

[senior-advisor-indiana]

5 star does 48 hour turn around time for commission and has 50% of claim check in hand within 24 hours. Just one of my personal favorite.

Of course you can PM me if you need a contract

Lol, that's funny. 48 hours from when? Is that just recruiting bs?