Thoughts on the FE telesales biz

[Todd King]

Ok, I might be confused. You quoted two health questions that sounded like a "near" GI. Are those the questions for preferred or mod?

Those are the KO questions. If you can only answer those "no", then you could only get modified. There are other questions on the app.

I would post the other questions but I'm not even sure I should have posted the first two. For some reason they keep telling me not to "distribute to the public".

 

[myinsurebiz]

Ages are 50-85
Face: 5K - 30K for Preferred and Standard, 5 - 15K for Modified.

Male, Age 59, non-smoker is 53.35 per thousand. There is no policy fee, so you would just do the rate per thousand times how many units you want and divide by 12. So, in this case, 10K would cost him $44.46 per month.

This is GI?

 

[myinsurebiz]

Ages are 50-85
Face: 5K - 30K for Preferred and Standard, 5 - 15K for Modified.

Male, Age 59, non-smoker is 53.35 per thousand. There is no policy fee, so you would just do the rate per thousand times how many units you want and divide by 12. So, in this case, 10K would cost him $44.46 per month.

I'm only interested in the GI / Modified product. How much would that be?

 

[NSRH]

I'm only interested in the GI / Modified product. How much would that be?

Lumico doesnt have a GI. You got Kemper, Gerber, AIG, and Great Western as your only options.

 

[myinsurebiz]

Lumico doesnt have a GI. You got Kemper, Gerber, AIG, and Great Western as your only options.

CFG has GI - but it's high. Seems Lumico's Modified is close to GI.

 

[NSRH]

CFG has GI - but it's high. Seems Lumico's Modified is close to GI.

As close as you can pretty much get.

 

[suranceman]

Their modified rates are incredibly high. It will not be used as a replacement for GI.

10k male modified is $75.60

AIG is $51.92

 

[myinsurebiz]

Their modified rates are incredibly high. It will not be used as a replacement for GI.

10k male modified is $75.60

AIG is $51.92

AIG GI is $62.21 - but that is still $13 higher . . .

 

[myinsurebiz]

Their modified rates are incredibly high. It will not be used as a replacement for GI.

10k male modified is $75.60

AIG is $51.92

CFG is $76.91 and can be done over the phone.

 

[suranceman]

AIG GI is $62.21 - but that is still $13 higher . . .

A 50 year old male is not 62.21. It's 51.92