Not quite that bad but the preferred are higher than Columbian Elite based on the ages I have looked at. Haven't looked at the modified.
SNL?
- Thread starter jdeasy
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- #53
- 19,526
That’s outrageously high. If that’s not LH pricing it’s damn close.
- 920
Here's LH as a comparison
F: $57.40
M: $68.00
Lol what a joke. Who makes these decisions?
Well, they said you would make more commission with the new plan.... That will be true on the ones you write but I would say most agents will not write as many as they were writing. They seem to have relegated themselves to a niche company at best.
- 4,085
If you look at the overall risk/health they’re taking now then you have to expect higher rates.
ratea basically have two influencers, underwriting and comp: I think we all know that, but it’s worth repeating.
ratea basically have two influencers, underwriting and comp: I think we all know that, but it’s worth repeating.
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- #58
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They already were a niche company.
Not even that now.
Maybe the Security Care plan is still usable?
Until they screw that up too.
- 17,048
Diabetes with neuropathy up to 120 units of insulin is standard. 121+ is graded.
Doesn't look like they really took on that much additional risk. If the SSP was profitable, it would appear they would be belter off leaving it alone.
With the old rates An independent agent could put just about all their business with them and not feel bad about. But, now they are going to hesitate to put a healthy client with them at $10-$20 per month higher premium than other carriers he has available. So SNL ends up getting not nearly as healthy a mix of business from it brokerage channel.
Of course, if other companies follow LBL and SNL's lead then other companies are going to raise premiums and it will all even out.
