Oxford Life Feedback, Reviews ?

[VolAgent]

Why do you give a **** what I do? I told what I did. It doesn't concern me that you don't have the same threshold as I do.

Did I miss that memo too? I'm not allowed to be curious?

Also, what about Wino's question. Which has more guarantees, a certificate from an A- company or a policy from a B++ company?

 

[senior-advisor-indiana]

Damn, you caught me. I was talking about you and hoping you wouldn't notice.

I did notice your impotence...

 

[Mark]

Did I miss that memo too? I'm not allowed to be curious?

Also, what about Wino's question. Which has more guarantees, a certificate from an A- company or a policy from a B++ company?

A certificate is not back by the reserve, so a policy from a B++ company who is back by the reserve I would say.

If both companies fail, one is a policy and one is a certificate. One is back by the reserve and one is not.

 

[AIABROKER]

I write them but am not hot on them.

If your client takes lots of meds, they will grill them to death.

They have a height and weight chart, but don't disclose the upper-bounds for your heavier clients.

Nothing like telling your client she's too fat for coverage.

They are competitively-priced but they're only a B-rated company, which is somewhat concerning.

I think they're pretty strict on insulin dep. diabetics.

 

[moonlightandmargaritas]

If rating are not important to you then then have at it. That's waht I said in that replay as well. Personally I won't write companies that not A rated.

Back in 1991 (?) Executive Life was A with A.M. Best - right up to the day it was put in receivership by regulators...

 

[VolAgent]

Back in 1991 (?) Executive Life was A with A.M. Best - right up to the day it was put in receivership by regulators...

Say it isn't so. A.M. Best got a rating wrong. Surely they have learned their lesson though. After all, 1991 was a long time ago. I bet they didn't have company with an A rating in the '00s that soon ran into financial trouble, right?

 

[Insexpert1]

I just realized that customers will pay till the age 120. Most companies stop the premiums at 100. With oxford it is 120.

This will not be an issue now. It will be an issue when the longevity increases passing 100 years.

 

[Newby]

I just realized that customers will pay till the age 120. Most companies stop the premiums at 100. With oxford it is 120.

This will not be an issue now. It will be an issue when the longevity increases passing 100 years.

What do you mean by this? You think 100+ is going to be the average age or do you not think people live past 100 now.

One of our local funeral homes has done 40 funerals so far this year and 3 out of 40 have been over 100 years old. What is that around 8% or so? One of them was 109 years old.

I don't think anyone balks at paying to 120 compared to paying to 100. No one sees that as a problem.

 

[TDFnCali]

What do you mean by this? You think 100+ is going to be the average age or do you not think people live past 100 now.

One of our local funeral homes has done 40 funerals so far this year and 3 out of 40 have been over 100 years old. What is that around 8% or so? One of them was 109 years old.

I don't think anyone balks at paying to 120 compared to paying to 100. No one sees that as a problem.

I believe you're WRONG about that, Im sure Lucy (Peanuts) would like it to be where ppl only have to pay til they are 75 & only 5cents!!

 

[VolAgent]

I just realized that customers will pay till the age 120. Most companies stop the premiums at 100. With oxford it is 120.

This will not be an issue now. It will be an issue when the longevity increases passing 100 years.

Talk about inventing a problem. Most of the people who buy FE are already in poor health. How many will even see 10 more years after purchasing the policy, much less 20, 30 or even 40?