Senior Life + Technology . . .

[theinsuranceman]

If I'm posting things I know nothing about, then help me out brother! Send me that UW guide! But you won't, will you? You'll make every excuse in the world not to do that, won't you? As usual, when you get the ultimate call-out.....you try to change the subject.

Why don't you get contracted so you can see and enjoy some of the liberal underwriting. If we could put some kind of monetary wager on this, so you can make it worth my time, then I'll be glad too.

 

[Todd King]

Why don't you get contracted so you can see and enjoy some of the liberal underwriting. If we could put some kind of monetary wager on this, so you can make it worth my time, then I'll be glad too.

Just as I said you would do.....not post or send the UW guide. Very typical of you.

Getting contracted with SL is not something I would entertain at all. You, of course, know this, which is the only reason you said it. Of course, it would be much simpler for you just to post it or email it to me. I like simple. So, why don't we keep it simple (as you said you like) and send that on over to me?

I just don't think you can back up a lot of what you say. You never have, so why start now, right?

 

[goillini52]

What other carriers are doing things to help their agents?

Many companies are paying bonuses.

When you're Independent, it's the FMO's that do things to help their agents.

 

[theinsuranceman]

Many companies are paying bonuses.

When you're Independent, it's the FMO's that do things to help their agents.

Bonuses are good. Is that all? FMO or carrier.

 

[rousemark]

I don't know...you tell me.

Why does FexQuotes show SL's Preferred rate($64.96...one of the highest), but not their Super Preferred rate?

Look in the traditional/siwl section for the Super Preferred Rates.

Bonuses are good. Is that all? FMO or carrier.

Most companies do not charge back earned commissions on policies that pay 1, 2, 3, 4, 5 months and lapse.. For example, if I write a case for $50 per month @120% commission that pays 5 months and then lapses,I will retain$300. With SL, I would have made $0 because they charge it all back..

 

[rousemark]

Most companies pay commission on policy fees, SL does not.

Most companies will pay renewals in any month that the agent has 70& persistency, SL will not.

Most companies will pay full first year commission on the life insurance plan without having to add some non insurance ancillary benefit. SL will not.

Most companies will pay renewal commission beginning in the second year on the life insurance plan without having to add some non insurance ancillary benefit. SL will not.

Most companies will not terminate your contract if you go one month without production, SL says they will.

 

[rousemark]

Based upon these two questions, I find it hard to believe that 50% of the applicants actually qualify as Super Preferred.

In the past five years, have you used any form of tobacco or nicotine product or had a blood pressure reading over 135/85.

In the past ten years have you had, been treated, received medical advice or prescribed medication for, or been diagnosed with uncontrolled diabetes including any complications from such, uncontrolled high blood pressure, stroke, paralysis, cancer, any heart, organ, or lung disease (including Chronic Obstructive Pulmonary Disease/Emphysema) mental disorder/ retardation, disorder of the brain or nervous system, any impairment, disorder, disease, transplant or chronic illness.

 

[Abrasax]

Based upon these two questions, I find it hard to believe that 50% of the applicants actually qualify as Super Preferred.

In the past five years, have you used any form of tobacco or nicotine product or had a blood pressure reading over 135/85.

In the past ten years have you had, been treated, received medical advice or prescribed medication for, or been diagnosed with uncontrolled diabetes including any complications from such, uncontrolled high blood pressure, stroke, paralysis, cancer, any heart, organ, or lung disease (including Chronic Obstructive Pulmonary Disease/Emphysema) mental disorder/ retardation, disorder of the brain or nervous system, any impairment, disorder, disease, transplant or chronic illness.

Damn. With no MIB check, that sounds like a lot of contested claims. Is there any way to find out what a company's payout rates are?

 

[goillini52]

Bonuses are good. Is that all? FMO or carrier.

Most of the bonuses are for Med Supp carriers.

Some of the things the FMO's have to help the agents: Free lead drops for production, free E & O, free CSG, free FexQuotes, free T-65 lists, free CRM, free business card websites, free AHIP and more....all while giving street contracts

 

[goillini52]

Based upon these two questions, I find it hard to believe that 50% of the applicants actually qualify as Super Preferred.

In the past five years, have you used any form of tobacco or nicotine product or had a blood pressure reading over 135/85.

In the past ten years have you had, been treated, received medical advice or prescribed medication for, or been diagnosed with uncontrolled diabetes including any complications from such, uncontrolled high blood pressure, stroke, paralysis, cancer, any heart, organ, or lung disease (including Chronic Obstructive Pulmonary Disease/Emphysema) mental disorder/ retardation, disorder of the brain or nervous system, any impairment, disorder, disease, transplant or chronic illness.

He said over 10 years on the transplant and the example that he made up was 1 pound under the limit . Greg's pretty sneaky.