Replacing Assurant with Assurant

[Bentleyfinancial]

I know that this may be a dumb question, but I have several clients who have either an old out dated assurant policy, or they have a rightstart or something, can I replace their coverage with a new assurant plan? If so, is their anything special I need to do when submitting their app? Sorry if this is elementary but I just really would like to know. Thank you

 

[joshril]

Yes, you can, but you will not make a full commission. It's like 5%-10% or something... I had this situation come up about a year ago. Unless something has changed, the only person who would potentially benefit from this is the client (assuming you are moving them to a better plan).

 

[joshril]

Write them with a different carrier...

 

[Senateguy]

Put them with Golden Rule. In most cases golden rule will kill that rate.

With the right start plans, explain to them that a health policy with a low cap on outpatient is a pile of junk. Almost all surgeries are done on an outpatient basis.

In fact, most medical treatment is done on an outpatient basis.

Assurant right start is a horrible plan.

 

[CHUMPS FROM OXFORD]

As I have previously mentioned, Assurant's rates in Ohio are close to double that of some other carriers.

I don't know why State Farm continues to work closely with them.

 

[joshril]

Put them with Golden Rule. In most cases golden rule will kill that rate.

With the right start plans, explain to them that a health policy with a low cap on outpatient is a pile of junk. Almost all surgeries are done on an outpatient basis.

In fact, most medical treatment is done on an outpatient basis.

Assurant right start is a horrible plan.

How can you give this advice? I don't think the poster even told us what state he is? Assurant's rates are VERY state-specific... Blanket statements don't help anyone... In TX, GR can actually be higher than Assurant in some zip codes. Just an FYI, no offense.

 

[TXINSURANCE]

Depending on the state there might be a 12 month wait on pre ex and of course underwriting. Even if they make it through underwriting individual to individual might require a 12 month pre ex wait.

In Texas individual is FINALLY considered creditable. Hopefully one day this will be the case nationwide.

 

[Bentleyfinancial]

Yeah, Josh is actually right. I'm in Oklahoma. Here in OK assurant rates are actually quite a bit cheaper than GR. Thanks for the advise guys I appreciate it.

 

[tryan326]

If your looking at changing them to HDHP's then humana may be a good option looks like their plans pretty affordable and sturdy in OK