Trinity/Family Benefit question

[Fechick]

We all wish all our clients could have them, but many just dont have the ability to successfully manage a checking account...many of my clients have had them, but were forced to close them because they routinely overdraw them..

 

[CasualT]

Prosperity added a new payment form. You can pay premiums with a debit card. But it will be paid as earned. Just like Security National Life. I have stopped taken prepaid debit cards for FE clients.

It's Checking or DE. I'd rather them get a DE card vs screwing around with a prepaid card.

 

[Fechick]

Yes prepaid debit cards suck because the few clients I have that use them forget to load them on the right day each month.....PITA!

 

[DonP]

Anyone wrote policy's with regular debit cards hooked up to checking accounts? i lost a case a few weeks ago. The woman had her debit card but couldn't find here checking account #. She called the bank while i was there to let them help her reset her reset her account. As she started the process she said let her do this and come back later. The rep on the phone heard this and probably inquired who i was . He probably warned her don't give out checking account #"s. I door knocked her 5 more times and the last time her Granddaughter answered and gave me a bogus story she wasn't there. So anyone had any luck with regular Debit cards?

 

[Fechick]

Yes their ok....just run into issues when they lose them and get new account #s when they replace them....but this is the same issue I see regularly with DE....just nature of the business, and an easy fix

 

[DonP]

I've not had a lot of problem with de cards being lost. I love it when i see an exp of 2021 as i know they've never lost it.The other nice thing with De cards is few co's write it so tougher to get replaced.

 

[Fechick]

This is true! When they expire, or get lost, yes it's a service call, but it's also a chance to strengthen your relationship with the client....they are impressed that you're calling or at their door before they know there's an issue....and it gives u a cha0nce to get referrals and/or add business ! Free money !

 

[HoosierLife]

Yeah prosperity allows regular cards that are LINKED to a checking account. Maybe a savings account. Can't remember.

 

[DonP]

I'm trying to fig out outside allowing direct express cards and social security billing why anyone would use Prosperity? There rates are 15 % more than Trinity who takes the exact same things plus they take Neuropathy which is big with insulin . Do they have any other niches?Taking insulin without neuropathy like Foresters and Liberty Bankers is like kissing your sister.

 

[Baseball7]

Prosperity often takes neuropathy 2+ yrs
Offers 10-25% higher comp
Offers an E-App
Avail in far more states
Can handle most issued w/an email
Prosperity offers a 10% bonus program

Love em both just giving you an answer