Why is NM More Expensive Than Banner (Legal/General)?

[Tahoe Ray]

Josh makes a good point on the cost of riders. Company Q could be the lowest monthly premium till you add Disability Waiver or Child Riders then it should flip to company A. Talk to an Independent agent.

Playing with the numbers looks like $1,000,000.00 is a better deal at $128.W/SBLIC

Again, these are just numbers till someone does a prequalifying fact find. Before that it is just guys jockeying to be that guy.

Lee

Unicorns and rainbows...everyone looks like a triathlete before they go to underwriting.

 

[WinoBlues]

Unicorns and rainbows...everyone looks like a triathlete before they go to underwriting.

Yup. Working on one now that we are just starting to get offers on. My super healthy guy has a little heart issue he forgot about.

 

[BNTRS]

Why? Because they can.

There is certain business they don't want, and you might fit into that category. No big deal, you just go with the company that does.

 

[Tahoe Ray]

Yup. Working on one now that we are just starting to get offers on. My super healthy guy has a little heart issue he forgot about.

I have one too...daily yoga, marathon runner...oh, yeah, that valvular problem.

 

[BNTRS]

I have one too...daily yoga, marathon runner...oh, yeah, that valvular problem.

I know from experience that you can get a standard offer on someone who has "just a little bit of diabetes."

 

[Tahoe Ray]

I know from experience that you can get a standard offer on someone who has "just a little bit of diabetes."

Your underwriter is screwing you. Everyone knows that a little diabetes is standard plus...medium diabetes is standard.

 

[WinoBlues]

I know from experience that you can get a standard offer on someone who has "just a little bit of diabetes."

Yup, got one of those right now also. She is not diabetic. The Metformin is just to keep her sugar down.

 

[ianbroker31]

My doctor says I'm a borderline diabetic, A1C comes back from exam at 7.5 surrrre

 

[Mehler91]

Another thing to consider here is if the policy is a participating term policy where it will receive the dividends that the companies pay out. Most NWM policies are participating policies. I don't know that this justifies the price difference you are here between the companies.

 

[Norwayguy]

Another thing to consider here is if the policy is a participating term policy where it will receive the dividends that the companies pay out. Most NWM policies are participating policies. I don't know that this justifies the price difference you are here between the companies.

The reason to buy NWM over Banner is not for the term...Its for the future conversion options.