What's Your Opinion on Forethought FE?

[Newby]

The good parts-
ForeThought has an excellent phone application system.
Their brochures and planning guides are best in the industry.
Free benefits (rapid death claim, free accidental, free grandchild protection, terminal illness) beats any other company's including fraternals.

Bad parts- lots of rate ups and declines.

 

[360]

I second what Newby said. It's like Forethought has a full time business prevention department. One side of the house develops a great product and then they other side says not so fast let's throw just enough wrenches in this that most people won't qualify.

Take a look at their medications list and you have to wonder who they think they are actually going to be able to insure.

 

[insurancechamp]

Started using them a few months back... there have been some bumps in the road, but i now have figured out their formuals and can get a level plan issued most of the time... their pay scale aint to shabby either...

 

[WinoBlues]

Started using them a few months back... there have been some bumps in the road, but i now have figured out their formuals and can get a level plan issued most of the time... their pay scale aint to shabby either...

Can you expand on that a bit.

Thanks

 

[jdeasy]

Can you expand on that a bit.

Thanks

I think he means what we all know. The more you use any company the more you figure them out. Take RNA for example. They are a bear to get figured, but once you do they can be easy to deal with and you don't get many surprises. That means that you don't send some clients to them because you know the score.

Just about every FE company has a "sweet spot" and a treacherous spot. The prolem is that it's on the job learning to discover them.

 

[Rearden]

I was told by a ForeThought rep that they employ a full-time underwriter that checks each and every FE case that passes through after finishing the Apptical interview.

She told me they will occasionally take a policy issued level or graded at the time of the POS interview and downgrade it to Graded or Modified (or decline it) based on the underwriter's post-interview review.

 

[nfl72]

Sleep apnea? I had sleep apnea and when i used the machine it was just water and air? I didn't think it had any affect on FE policies? Was I wrong?

 

[insurancechamp]

I think he means what we all know. The more you use any company the more you figure them out. Take RNA for example. They are a bear to get figured, but once you do they can be easy to deal with and you don't get many surprises. That means that you don't send some clients to them because you know the score.

Just about every FE company has a "sweet spot" and a treacherous spot. The prolem is that it's on the job learning to discover them.

that is spot on... that is what i meant..