Wanting to add a term company

[WinoBlues]

What about United Home Life?

Yeah, I am going to look at them again. However, they had raised their rates so not sure where they are for SI term. Their ROP was my go to when I might be in competition with a FE agent on younger person.

Very few ROPs have the reduced paid up option anymore. Especially with tables built in.

 

[Anna Babayan]

Lumico. Its online, instant decision, super simple app. And competitive.

Symetra also non med up to 3 mill . Very very price competitive

 

[Tahoe Ray]

Lumico. Its online, instant decision, super simple app. And competitive.

Symetra also non med up to 3 mill . Very very price competitive

We have Lumico but I've never written them.

I just looked up the comp and it's massive. Is that a final expense policy?

 

[myinsurebiz]

What about United Home Life?

They have priced themselves too high

 

[WinoBlues]

They have priced themselves too high

Yeah, I have a 33 yr old I thought would be a good fit for the ROPTerm. But nope. Especially their smoker rates.

 

[WinoBlues]

@Steve Lybrand

So I got a call from a client to do some service work. Turns out she has a UHL ROPTerm I sold her maybe ten years ago to replace a FE plan a guy was proposing.
Young single mother, daughter, and niece of clients.
If you would like to see the values page message me and ill send it to you. nice concept to have if you find the correct product.
Note: no I am not a reruiter.

 

[dcollins]

Hi, I would be interested in seeing what I can do for her?

 

[Steve Lybrand]

Thank you all for the responses.

 

[WinoBlues]

Hi, I would be interested in seeing what I can do for her?

I'll try one. I just got a referral from one of my companies.

Male age 75
Std Non T

Has a imploding UL.
$100,000 with about $25,000 in SV.
Paying just over $1,200Q
Per annual report it is going to force lapse in 13 years based on current.

Wants - $100,000 to at least age 100

Just for S&G, what do you suggest. Hypothetically of course.

Also: HasTa TA term plan that he is unsure of the details and can not find the policy. We will do a three way call Friday. But currently just want options on the above.

 

[dcollins]

I'll try one. I just got a referral from one of my companies.

Male age 75
Std Non T

Has a imploding UL.
$100,000 with about $25,000 in SV.
Paying just over $1,200Q
Per annual report it is going to force lapse in 13 years based on current.

Wants - $100,000 to at least age 100

Just for S&G, what do you suggest. Hypothetically of course.

Also: HasTa TA term plan that he is unsure of the details and can not find the policy. We will do a three way call Friday. But currently just want options on the above.

Unfortunately, due to his age, the highest coverage I can offer to him will be $30,000, by that age we consider them to be self-insured. Sorry, wish I could help!