When a Lead is Wheelchair Bound

[suranceman]

Well only three months since I said Gerbers setup isnt sustainable and a I hear rate increases are coming up next month...

Has anyone heard how bad it is yet?

Attached are some of the new rates.

I'd say this rate increase reaffirms Gerber's commitment to broker business. They could have easily just dropped brokers, and kept the rates the same but they didn't.

However, Gerber will basically be replaced by brokers with AIG since AIG will be cheaper. AIG will see a large increase in their business once these new rates go into effect next year.

 

[HoosierLife]

Well only three months since I said Gerbers setup isnt sustainable and a I hear rate increases are coming up next month...

Has anyone heard how bad it is yet?

I just wrote an article on this very topic this morning.

https://www.linkedin.com/pulse/gerbers-rates-skyrocketing-find-out-who-use-now-joshua-jones/

 

[Todd King]

I just wrote an article on this very topic this morning.

https://www.linkedin.com/pulse/gerbers-rates-skyrocketing-find-out-who-use-now-joshua-jones/

Skyrocketing? It's a rate increase for sure, but not hardly "skyrocketing".

 

[HoosierLife]

Skyrocketing? It's a rate increase for sure, but not hardly "skyrocketing".

Do you think maybe "skyrocketing" would get more clicks?

 

[Todd King]

Do you think maybe "skyrocketing" would get more clicks?

It probably would/will, but still a bit misleading in my opinion.

 

[HoosierLife]

It probably would/will, but still a bit misleading in my opinion.

All in the eye of the beholder I guess. A 10-20% makes them all but unusable with AIG's product.

 

[Baseball7]

Keep in mind AIG has a one app a year rule so if you find someone that just lapsed an AIG policy you're going to need another guaranteed issue carrier to sell them. Or in the strange situation somebody wants more than 25,000 of guaranteed issue you'll need a secondary option.

 

[jdeasy]

It probably would/will, but still a bit misleading in my opinion.

Like that matters to the "#1..."