Recommendation for disability ins - NYstate ??

[SParker]

Hi All,

The company I am with is downsizing so we no longer qualify for group disability insurance for the remaining employees in the firm.

I have my license in NY. Am thinking of writing myself a DI policy.

Any recommendations for good DI carriers out there? Also, what is the typical split with agents?

Would appreciate any advice on this.

Thanks !

BTW, sorry for posting here, the DI forum doesn't have a lot of traction...

 

[Tahoe Ray]

Hi All,

The company I am with is downsizing so we no longer qualify for group disability insurance for the remaining employees in the firm.

I have my license in NY. Am thinking of writing myself a DI policy.

Any recommendations for good DI carriers out there? Also, what is the typical split with agents?

Would appreciate any advice on this.

Thanks !

BTW, sorry for posting here, the DI forum doesn't have a lot of traction...

You have a license but do you sell insurance for a living?

Guardian is very friendly to agents. Standard and Principal are also options but classing may depend on income/credentials.

There are several great DI carriers in NY but your situation may be very different than others and that will dictate your best option.

I have a few split secarios but the easiest is to split cases 50/50 with other licensed reps on referrals. They make the intro and I do the rest.

 

[SParker]

You have a license but do you sell insurance for a living?

Thanks. No, I don't sell for a living.

 

[PrivClientSG]

Guardian/Berkshire has the most favorable contract in the industry. Not the lowest premium, but the most favorable contract language, terms, conditions, etc. You do not need a Guardian agent. You can get licensed as a broker and write the case yourself. All the best!

 

[Tahoe Ray]

Thanks. No, I don't sell for a living.

Then what do you do? That's going to dictate your best carrier.

 

[SParker]

Has anyone purchased disability ins through Napa-Benefits? They offer Metlife disability insurance on their website [EXTERNAL LINK] - NAPA Benefits & Services for Insurance Agents & Agencies

Do they have good reputation?

 

[SParker]

Then what do you do? That's going to dictate your best carrier.

I am an accountant.

 

[SParker]

Guardian/Berkshire has the most favorable contract in the industry. Not the lowest premium, but the most favorable contract language, terms, conditions, etc. You do not need a Guardian agent. You can get licensed as a broker and write the case yourself. All the best!

Thanks, will look into that, much appreciated!

 

[Tahoe Ray]

I am an accountant.

Are you a CPA?

 

[Lloyds of Lubbock]

This guy is a troll.
He did the same thing years go with a life policy.