Thoughts on Assurity?
- Thread starter JAF77
- Start date
- 5,938
- 3,990
Not contracting new agents for FE, correct?
- Thread starter
- #4
I've heard the same
- 6,142
Very hard company to deal with. Just useful for COPD non smokers because they take it as level.
- 18,988
Not worth contracting with.
- 3,344
Agreed. They tout non medical underwriting without paramed but they make insuring anyone with any issues very difficult. I've wasted so much time trying to place business with Assurity, to no avail. Overrated and overhyped company.
- 913
Basically, they will order a phone interview if they see anything on a script check (which is like 98% of the time in FE). For example, if the client is diabetic, they will ask all sorts of follow questions that DO NOT appear on the app. Here are some examples of diabetic questions they will ask:
-What was their highest a1c?
-What was their most recent fasted blood sugar reading?
-How often do they check their blood sugar?
-There are more...
Now on to another huge issue. They will choose certain medications they see on their RX report and ask why a client takes them. If the client does not know why, Assurity will claim they are unable to resolve the application which means it inevitably gets declined. This is hilariously stupid because how often are FE folks taking pills for stuff where they have no clue what condition it is for? A lot!
Their whole process is light years behind other FE companies. They have good smoker rates and an amazing niche for non smoking COPD clients. They have a 1 year look back on strokes, heart attacks, Circ surgeries, some immediate coverage for CHF people, and some more I cant remember right off. With that, they will never be serious in the FE game until they fix their underwriting process.
Like Jdeasy says, their business prevention department is doing their job.
-What was their highest a1c?
-What was their most recent fasted blood sugar reading?
-How often do they check their blood sugar?
-There are more...
Now on to another huge issue. They will choose certain medications they see on their RX report and ask why a client takes them. If the client does not know why, Assurity will claim they are unable to resolve the application which means it inevitably gets declined. This is hilariously stupid because how often are FE folks taking pills for stuff where they have no clue what condition it is for? A lot!
Their whole process is light years behind other FE companies. They have good smoker rates and an amazing niche for non smoking COPD clients. They have a 1 year look back on strokes, heart attacks, Circ surgeries, some immediate coverage for CHF people, and some more I cant remember right off. With that, they will never be serious in the FE game until they fix their underwriting process.
Like Jdeasy says, their business prevention department is doing their job.
