I wrote a final expense policy about three weeks ago to replace a Globe policy. I put the reason as: to replace a graded policy with immediate coverage. Underwriting pended the app wanting to know why she had a graded policy. I told them today, that I thought any policy that did not give full coverage up front was graded. They said Globe's policy is their standard policy so they figured there was a major problem here.
To me, that was my selling point, do you want full coverage today, or do you want to wait another year to a year and a half for full coverage? Right answer, who do want as your beneficiary?
To me, that was my selling point, do you want full coverage today, or do you want to wait another year to a year and a half for full coverage? Right answer, who do want as your beneficiary?