Saw a new low for a Banker's agent today..

[goillini52]

Had a lead today tell me she was told that Bankers Innovative Plan G will have premiums for 3 years then you will not have any premiums after that...wow.

Boy oh boy, is she gonna have a surprize in 3 years!!!

 

[somarco]

Had a lead today tell me she was told that Bankers Innovative Plan G will have premiums for 3 years then you will not have any premiums after that...wow.

That is extremely innovative.

I presume she has that in writing.

 

[Travis Price]

That is extremely innovative.

I presume she has that in writing.

She'll get replaced in 3 years, so unfortunately she won't be able to cash in that free premium...

 

[fun2drum]

Boy oh boy, is she gonna have a surprize in 3 years!!!

The Bankers agent must have meant that 3 years from now she'll be wishing she still had the premium she started with. That would be a true statement.

 

[vic120]

She'll get replaced in 3 years, so unfortunately she won't be able to cash in that free premium...

If she can qualify

 

[Travis Price]

If she can qualify

Oh, she'll qualify

 

[vic120]

Oh, she'll qualify

Had a referral earlier this AEP called me just days after OE ended had bought bankers plan N think it was $60 or $70 overpriced if I remember correctly

Kidney disease diabetes and more No Hope

 

[DayTimer]

I've done that.

They train them to be crooked.

INSIDE EDITION Investigates Sales Tactics of Some Bankers Life and Casualty Agents

"Chris Markowski called the tactic a classic bait and switch, and told INSIDE EDITION that there is absolutely no annuity that makes sense for someone who is 73 years old."

I beg to differ. Annuities are not in and of themselves evil. There are certainly options that would provide a 73 year old a guaranteed income for life and wouldn't be taking advantage of the person.

And as far as "putting them in the nursing home," that is no more than getting them emotionally involved in the need. Heck, how do you sell a death benefit without putting them in the morgue and asking them how their kids are going to pay for them to get from the morgue to the cemetery? I don't mean to defend Bankers Life agents by any means, but this article is really not even handed at all.

 

[Newby]

"Chris Markowski called the tactic a classic bait and switch, and told INSIDE EDITION that there is absolutely no annuity that makes sense for someone who is 73 years old."

I beg to differ. Annuities are not in and of themselves evil. There are certainly options that would provide a 73 year old a guaranteed income for life and wouldn't be taking advantage of the person.

And as far as "putting them in the nursing home," that is no more than getting them emotionally involved in the need. Heck, how do you sell a death benefit without putting them in the morgue and asking them how their kids are going to pay for them to get from the morgue to the cemetery? I don't mean to defend Bankers Life agents by any means, but this article is really not even handed at all.

TV is never even handed. It’s all about the sizzle. But Bankers is probably worse than that showed.

If no annuity is good for a 73 year old that would mean no CD is either, right?

 

[DayTimer]

If no annuity is good for a 73 year old

Or social security, or her pension, or any other form of guaranteed income for life. I mean for goodness sake - does that guy think annuities are for 10 year olds? I can't believe how utterly stupid that was.