I have a 58 year old smoker who needs a $100,000 anyway he can get it. He is healthy other then a melanoma of skin that was removed a little over 5 years ago, no problems since. An agent friend of mine tried to write him with the real NYL. When they were requesting more information on his cancer, they could never find his records because the doctor that did the procedure retired or died or something and its been lost basically. I have made a couple calls to underwriters and people wont accept a case like this on a non-med basis, because they too would want more info on the cancer. The other problem that could possible come up is he does now technically have a MIB hit from NYL as of about 4-5 months ago. Any suggestions out there? Are there any FE products that do term riders? Who has the biggest FE face amount out there? Im open to anything. thanks
Tricky Case
- Thread starter lsalmans
- Start date
- Thread starter
- #3
I think thats a good idea.
Yeah, as an underwriter that would definitely sound shady considering other crap agents probably have tried to pull. Underwriters don't like uncertainty.
Have an oncologist or dermatologist talk to him and see what is going on like Mark said. A doctor isn't going to give information if they think they are wrong so if they say he is clean, he is definitely clean.
The MIB hit can easily be explained in a cover letter to the underwriter saying that the life insurance wasn't purchased due to the issue you just addressed. It's 3-4 hits for different things that cause a problem, this would be easily rectified with a specialist copay.
Have an oncologist or dermatologist talk to him and see what is going on like Mark said. A doctor isn't going to give information if they think they are wrong so if they say he is clean, he is definitely clean.
The MIB hit can easily be explained in a cover letter to the underwriter saying that the life insurance wasn't purchased due to the issue you just addressed. It's 3-4 hits for different things that cause a problem, this would be easily rectified with a specialist copay.
- 5,305
American Memorial goes up to $100k DB SIWL, if you have MIB/APS problems.
- Thread starter
- #6
- 5,305
No, they will, but as long as he can answer the questions "No," odds are you'll be golden.
You'll get a point of sale decision either way.
You'll get a point of sale decision either way.
- Thread starter
- #8
Do you have a quote? thanks
- 5,305
Someone will chime in with an accurate quote; probably around $500 to $700 a month.
Contact Todd King for an accurate quote.
Contact Todd King for an accurate quote.
