- 26,147
Seniors TERM?
- Thread starter Desmond Doss
- Start date
- 2,045
You should inform the actuaries of the facts.
Not necessarily, if they live to 80 and benefit is final expense related, nothing, arguably may have been better.
- 15,041
Salespeople who see no value in their products should find another product or a different line of work.
You don't have to own it, you don't even have to think it's the best thing since sliced bread, but you better believe it is a great solution to the problem your potential customers face.
Not only that, but as Wino said, you're going to face a lot of problems with minimum face amounts. Plus underwriting is typically tougher on term anyway. In my experience, seniors who want term fall into one of three camps. Those who simply don't understand term and whole life. Unrepentant termites who will run you ragged with no reward anyway, and those in poor health who think they are going to get one over on the insurance companies.
After educating the first group, your time is better spent on anyone but the last two.
You don't have to own it, you don't even have to think it's the best thing since sliced bread, but you better believe it is a great solution to the problem your potential customers face.
Not only that, but as Wino said, you're going to face a lot of problems with minimum face amounts. Plus underwriting is typically tougher on term anyway. In my experience, seniors who want term fall into one of three camps. Those who simply don't understand term and whole life. Unrepentant termites who will run you ragged with no reward anyway, and those in poor health who think they are going to get one over on the insurance companies.
After educating the first group, your time is better spent on anyone but the last two.
tribetime32
Guru
- 377
Realistically, there is no option for term for this person that is worth you time (I doubt what you are looking for exists anyhow). Your job as their adviser is to be real with them and tell them like it is. Keep it simple. If they aren't willing to listen, it's probably a charge back waiting to happen. I would walk.
You get to pick your clients.
You get to pick your clients.
- 5,976
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^That right there ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
- Thread starter
- #18
Desmond Doss
Super Genius
- 183
AMAZING all the people that WASTE THEIR TIME posting Bovine Scat
About things you both dont and cant know anything about
Yes yes yes yes I forgot ALL of you are the Emperors of the Industry--and can take time out from your busy day to post crap that means nothing.
Incredible.
About things you both dont and cant know anything about
Yes yes yes yes I forgot ALL of you are the Emperors of the Industry--and can take time out from your busy day to post crap that means nothing.
Incredible.
- Thread starter
- #19
Desmond Doss
Super Genius
- 183
Never fear JDeasy hipped me offline to the right carriers with ZERO faux posturing
tribetime32
Guru
- 377
Hope it works out for you buddy.
