Replacement, or not, question

[suranceman]

The fact that there is a rule like this is insane.

 

[Rirwin]

The fact that there is a rule like this is insane.

This rule unfortunately exist because of the action of other agents in the past.

The way to fix this is to follow in the footsteps of ky and in replacement situations the contestability period doesn’t start over. Let the companies decide if they will accept replacements not the state.

 

[jdeasy]

This rule unfortunately exist because of the action of other agents in the past.

The way to fix this is to follow in the footsteps of ky and in replacement situations the contestability period doesn’t start over. Let the companies decide if they will accept replacements not the state.

The states don't decide about replacements. They make the rules for the state but they don't tell companies if they can or cannot accept replacements.

 

[rousemark]

This rule unfortunately exist because of the action of other agents in the past.

The way to fix this is to follow in the footsteps of ky and in replacement situations the contestability period doesn’t start over. Let the companies decide if they will accept replacements not the state.

The state simply says if the policy is a replacement, the company will have to pick up the contestable period of the old policy. The company makes the decision if thy want to do that or not. Some do, some don't but it is not the state making the decision. The reason for it is some agents were constantly rolling their business for new first year commission causing the client to always be in the contestable period.

 

[jdeasy]

The state simply says if the policy is a replacement, the company will have to pick up the contestable period of the old policy. The company makes the decision if thy want to do that or not. Some do, some don't but it is not the state making the decision. The reason for it is some agents were constantly rolling their business for new first year commission causing the client to always be in the contestable period.

It wasn’t because of agents that the Ky statute came into being.

Why do you always blame the agents?

 

[rousemark]

It wasn’t because of agents that the Ky statute came into being.

Why do you always blame the agents?

Why did the KY statue come into being?

Don't always blame "agents", just SOME agents..

 

[jdeasy]

Why did the KY statue come into being?

Don't always blame "agents", just SOME agents..

Just look at your post history. You are a true company man.

Anti agent all the way.

 

[rousemark]

Just look at your post history. You are a true company man.

Anti agent all the way.

You didn't answer the question.

 

[jdeasy]

You didn't answer the question.

How bout that?

 

[rousemark]

How bout that?

Not like I am asking for "proof"... Just an answer since you say mine is wrong.