Transamerica Issues

[Life Hawk]

Prosperity ( De for copd and other junk for de ).

Prosperity has the hidden danger of full charge back on policies that don't pay for 4 months. I tread lightly there because you can rack up a balance very quickly if your not careful.

I'd love to sale RNA all day because of the things you mentioned the e-app is great but prices stink.

I would assume you would suggest Trinity as a go to? I have been looking at them. Can you explain a few more things you like/don't like about them? I would have to take a 10% hit on them, but what I really hate taking the 20% + $65 hit on every app with KSKJ. It agents added up their loss of doing business with them, I think they would be very surprised.

 

[Baseball7]

Prosperity has the hidden danger of full charge back on policies that don't pay for 4 months

Then write clean business?

 

[Life Hawk]

Then write clean business?

Are you suggesting I request all my prospects take a bath before filling out the application?

 

[Ghost]

I learned to call them after 3PM PST, it's the best way but it is RIDICOLOUS how long the hold time is. On top of that, different agents give you different answers! I just had a client increase his coverage from $250,000 to $500,000 and the agent was telling me "the draft didn't go through", "I understand, it's because he's increasing his coverage and more premium was getting drafted", "well, it doesn't show here and the case is closed". I called back the next day and I spoke to my client also, his premium was drafted and the new policy is in force.

 

[rousemark]

I don't understand why someone would continue to do business with a company that is so difficult to deal with. Life is too short for all that trouble. They may have some narrow niches that work but is it really worth all the hassle for a handful of cases per year that you could not put somewhere else? That is what I like about Columbian and SNL in the FE field. Seldom ever hold time and they will handle almost everything over the phone with no amendments. As JD always said, "I want companies that make my life easier"

 

[Todd King]

Are you suggesting I request all my prospects take a bath before filling out the application?

Are you insinuating that you don't already do this? This is just basic FE 101! You must have skipped class that day.

 

[Life Hawk]

Are you insinuating that you don't already do this? This is just basic FE 101! You must have skipped class that day.

All I do is dust them for bed bugs... no one told me about bathing anyone.

 

[Ghost]

Is anyone writing them? Are they issuing business timely?[/QUOTE]

Underwriting is pretty good actually, I recently had 2 apps approved within a week. For those who work with the latinamerican market who have ITIN's, they also started accepting that recently.

 

[Ghost]

I'm calling Transamerica today and the automated system is so IRRITATING.

"Hold time is between 25 and 30 minutes"

 

[FETalk]

Prosperity has the hidden danger of full charge back on policies that don't pay for 4 months. I tread lightly there because you can rack up a balance very quickly if your not careful.

I'd love to sale RNA all day because of the things you mentioned the e-app is great but prices stink.

I would assume you would suggest Trinity as a go to? I have been looking at them. Can you explain a few more things you like/don't like about them? I would have to take a 10% hit on them, but what I really hate taking the 20% + $65 hit on every app with KSKJ. It agents added up their loss of doing business with them, I think they would be very surprised.

What's the reason for the 20% + $65 hit?