- Thread starter
- #21
Desmond Doss
Super Genius
- 183
Sounds like you dont have enough to do and just like to trash talk from the safety of your keyboard
Seniors TERM?
- Thread starter Desmond Doss
- Start date
- 26,147
You asked.
Please share with the rest of us which company he recommended.
- 26,147
100%
Should also understand more than one problem.
Yeahbut,
There are problems that Term is a good if not the best solution.
Met with a 60 year old client yesterday to pick up a check for a MoO Cld WL. She just got custody of her 6 year old Gr Grandson. Bought her first home a couple months ago. Term very well may be part of the solutions. She has a permanent policy already.
Female 60, lower level school employee.
- 15,041
You left out the key part, "in my experience."
Also this was when talking FE face amounts. Buying a home in California is well outside of FE amounts.
- 26,147
True.
However, the thread, like all threads, kinda evolved.
I have a number of seniors, many FE clients, that are raising grandchildren. Large need, little money. I also have a number of seniors that have some years left on mortgages. The pat statement that term is wrong for seniors is for a very narrow set of problems. 'In my experience'
- 15,041
True.
However, the thread, like all threads, kinda evolved.
I have a number of seniors, many FE clients, that are raising grandchildren. Large need, little money. I also have a number of seniors that have some years left on mortgages. The pat statement that term is wrong for seniors is for a very narrow set of problems. 'In my experience'
If someone wasn't trying to use term for those problems, they wouldn't have trouble finding carriers that write for seniors... And carriers that take DE...
- 26,147
Here is another question along the Term for FE route.
If your client refers you to their 60-year-old brother for a final expenses plan. And after educating him on Term V Perm he still wants a term policy do you walk him or make him a client?
Honestly, if he is DE or I feel he is a lapse I walk him. Otherwise, I write him.
I, of course, am going to try GUL or ROP but in the end if he is 60 years old I assume he can decide for himself after I give him the options.
- 4,306
Funny, I just noticed you're in Missouri. That might explain your above statement. I'm licensed in several states that I sell by phone, including Missouri. MO's kind of a tough state, at least for me! Seems like I can sell WL all day to low income seniors in the surrounding states, but for some reason MO seniors seem a little more price sensitive than other areas. (They also seem generally more skeptical, but maybe I'm just projecting some subconscious prejudice about people from the "show-me" state!)
Why get so upset? If you read any thread in the forum, especially in the FE forum, there are wide and varied expressions of opinion, some of them strong and/or blunt. It's the nature of public forums - part of the landscape, if you will. Just eat the meat and spit out the bones.
