I see were family benefit won't accept replacement business in Ky . Any other CO's not accept replacement in ky . So if you replace a 1 year old policy with kskj can they contest the claim for 1 year ?
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- Thread starter nfl72
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I see were family benefit won't accept replacement business in Ky . Any other CO's not accept replacement in ky . So if you replace a 1 year old policy with kskj can they contest the claim for 1 year ?
- 5,933
Yes, and I have to compete with them as they are offered by a very large credit union in my area. Sold by banks and little to no explanation is given to the client.
One of the more affective ways to beat it down is to ask the question, "Mildred, what's your agents name?"
Then lead from there. Not the easiest replacement in the field... if it is warranted.
- 19,638
Yes, and I have to compete with them as they are offered by a very large credit union in my area. Sold by banks and little to no explanation is given to the client.
One of the more affective ways to beat it down is to ask the question, "Mildred, what's your agents name?"
Not the easiest replacement in the field... if it is warranted.
I've never had a problem replacing it.
it's well priced for smokers. But I can beat it.
The clean sheeted ones can be tough because you're talking to the person that clean sheeted it.
But if they just "misunderstood" then those are easy too.
The ones that know it was clean sheeted and just willing to gamble are a lost cause.
But I don't want them as clients anyway.
You replace with Kskj . There rates 25% under avg . Trustage actually has better rates than 95% of all fe CO's .My friend writes a lot with kskj and was at key west . He loves eapp . He said now with eapp stuff like lupus that was getting rated at standard is now many times getting preferred because eapp asks additional questions and issues preferred.My friend has also had a ton of claims with them which is understandable because they have some of the lowest rates coupled with most lenient underwriting. Just like all said with Trans . Either you tighten the underwriting big or you raise the rates . One of the two coming but write it to the end .
- 19,638
The sky is not falling. Trans was never a good option. And I'm not scared either.
But you are wrong on just replacing with KSKJ. I was replacing that crap long before I even had KSKJ. Trinity and RNA fu both beat the Trustage smoker rates. Lifeshield beats it. SLAC beats it.
Agents don't have to have KSKJ to beat them.
- 1,832
Are you writing Lifeshield ? What's street ? Easy to work with ? Lenient UW ? Niche company ?
- 19,638
They are anything but easy to work with. One of the worst, in fact. I don't know what street is, probably in the 115% range? Very tough underwriting. Tougher than FU. They have no niche. Just good rates. I rarely write them. Only reason to write them is they pay more than most FU. But I just write the FU.
You replace with Kskj . There rates 25% under avg . My friend writes a lot with them and was at key west . He loves eapp . He said now with eapp stuff like lupus that wasn't getting rated at standard is now many times getting preferred because eapp asks additional questions and issues preferred.My friend has also had a ton of claims with them which is understandable because they have some of the lowest rates coupled with most lenient underwriting. Just like all said with Trans . Either you tighten the underwriting big or you raise the rates . One of the coming but write it
Com'on Jd . You ain't getting 90% of stuff approved with lifeshield or slac you get thru with kskj .Rna and Trinity fu much stricter than most fe CO's .Neither lifeshield or slac takes di and that's 75% of fe . There underwriting 5 times as strict . To get underwriting near kskj it's rna and possibly accendo and American memorial lenient . But those rates 25-30% more than kskj .Only other possibility is Trinity and they've tightened up big and grill the crap out of client on phone interview .
- 19,638
There is no phone interview on Trinity fu. And trustage is stricter than FU.
If a person qualifies for trustage they almost always qualify for fu.
I don't have the problems with approvals with all these companies that you seem to have.
RNA was my goto for 6 years. My placement was always well over 90%. Same when Trinity was my goto.
My placement with KSKJ is 98%. That's the highest I've ever had with any company. And I write quite a bit of FU with KSKJ.
Probably 20% or more of my KSKJ business is FU.
I don't remember but 1 decline on Trinity FU.
I rarely write LS. I don't write SLAC at all anymore.
Neither does anything that KSKJ won't do.
of course the clean sheeted Trustage that I see are more trouble. But most people want it corrected once it's explained.
The ones that don't are just not the type of clients I want to deal with.
