- 18,989
Yep. I write most of my med sups through them too. I like doing business with them. No nonsense and they seem to appreciate the business.
Aetna Final Expense
- Thread starter Insuranceman
- Start date
Yep. I write most of my med sups through them too. I like doing business with them. No nonsense and they seem to appreciate the business.
- 29,492
No...you get a pre-approval at the end of the interview.
https://www.aetnaseniorproducts.com/assets/pdf/ToolsAndTraining/Training/Final_Expense_031814.pdf
Read page 17.
----------
I couldn't tell if that was a statement or a question. Yes, Oxford gives a decision at the end of the interview.
- 18,989
It's an approval. You even get the policy number.
- 29,492
I like doing business with ACI too, since they got over the growing pains after Aetna bought them.
----------
I haven't written their FE for a while...I guess they changed it. I stand corrected.
- 18,989
Been the same for the 4 years I've been writing the FE.
- 16,887
Aetna still considers it a PRE-approval not an approval. But I've never known any case to be changed from what the pre-approval decision was. I don't know how they even would since they do no underwriting beyond asking the applicant the questions on the interview.
- 18,989
It's an approval. Only reason it would be changed is if the person has lapsed more than 3 policies with them in the past. Or if they have another policy with them that wasn't disclosed and the total amount is over the max with them. In that case they will approve up to the max amount.
I haven't had the second one happen but I did have the first one happen.
I wrote a guy last fall. Approved on the phone interview and then a week later I get a decline letter. Turns out the guy had 5 policies with them in the past and had lapsed them all. Something he neglected to to tell me.
But, even in that case they said he could have the policy if he paid annually and wrote a check for it now. He wasn't able to do that.
- 297
What are the issue ages for Aetna FE products?
- 378
