Jesse Holder
New Member
- 7
SureMed is owned by Ideal Concepts. SureMed is an Association Membership and one of the membership benefits is a Group Term Life Insurance Policy. The membership has a one time member fee of $50 and then the $30/m member fee has a $100K life insurance benefit. No Med Exams. No health questions. Policy expires at 85yo.
The company has been in business since 2005, Tthe BBB has been tracking them since 2010. And, it has an A+ Better Business Bureau rating. Please see link below.
Suremed Inc | Better Business Bureau® Profile
YES. Because it is a Group Term policy, there is wording in the contract that the terms can change. However, there is not ONE complaint on the BBB websie that rates have gone up, death benefit lowered, and term length reduced. Ideal Concepts also writes Medicare Health Plans under American Insurance Organization. Looks like all of the complaints are related to telmarketing and sales related to Medicare (I didn't review all 23). NOT SureMed.
Yes ... this seems too good to be true. But, the policy max is only $100K, the younger and older members of the group might balance out for actuarial purposes. And ... looks like rates have not increased for 17 years!
AND .... the agent commission is VERY low and the one time $50 fee might help offset payouts. Maybe part of WHY rate so low for such high death benefit. Please call me if you want a plan. Risk $80 to check it out.
JWHolder Insurance
702 684-9915
The company has been in business since 2005, Tthe BBB has been tracking them since 2010. And, it has an A+ Better Business Bureau rating. Please see link below.
Suremed Inc | Better Business Bureau® Profile
YES. Because it is a Group Term policy, there is wording in the contract that the terms can change. However, there is not ONE complaint on the BBB websie that rates have gone up, death benefit lowered, and term length reduced. Ideal Concepts also writes Medicare Health Plans under American Insurance Organization. Looks like all of the complaints are related to telmarketing and sales related to Medicare (I didn't review all 23). NOT SureMed.
Yes ... this seems too good to be true. But, the policy max is only $100K, the younger and older members of the group might balance out for actuarial purposes. And ... looks like rates have not increased for 17 years!
AND .... the agent commission is VERY low and the one time $50 fee might help offset payouts. Maybe part of WHY rate so low for such high death benefit. Please call me if you want a plan. Risk $80 to check it out.
JWHolder Insurance
702 684-9915
(Or did you not realize you were posting in the FINAL EXPENSE forum???)
