The Final Expense Telesales (the Company)

[WinoBlues]

He should have a copy of the illustration for each. He had to sign one as part of the policy. Pick those up or take a couple pics. If you like, email them to me or post them and I will mark up what to look for.

There are some ULs written today that if under funded will tank early. Depends on the type and funding. Sounds much more complicated than it is.

On writing over age 70. I just placed a preferred $100k GUL on a 72 year old. Quoted a 75 year old a second $50k on Friday. There are guys on the forum that write some really large policies on 70 yr olds. I do not do a market. I am individual client driven.

I am goin back to his house early this week and will take good notes on his existing 2 policies. He wrote one last June and one in August. When I was at his home I did a quick check on what Americo would charge and he was quite a bit cheaper.

I had written his wife already and had several appointments waiting. I told him I would do some research and get back with him.

Just for the record are the UL policies that go bad going bad early on or after being in place for many years?

Considering this guy is 71 I would think the chances of them going bad in the next 7 to ten years would be slim? JUst a guess. If 5 years of writing FE I have written 2 terms and 2 whole life the rest were all FE.

I have done some research over the past several days and it seems most UL policies are taken out well before the age of 70?

Any feedback is greatly appreciated.

 

[nfl72]

yes all of my FE policies are whole life but they are simplified issue. For this guy to get the pricing he got I am assuming they were not simplified issue.

When i ran those numbers for 25 and 35K through Americo and Foressters FE, they were much much higher.

 

[WinoBlues]

yes all of my FE policies are whole life but they are simplified issue. For this guy to get the pricing he got I am assuming they were not simplified issue.

When i ran those numbers for 25 and 35K through Americo and Foressters FE, they were much much higher.

What state are you in?

 

[nfl72]

michigan