FE and Government Benefit Cards

[fbakeriii]

Does anyone have any suggestions on or know which FE companies allow clients to use the government benefit cards to pay monthly premiums? I lost a client recently because she only had and only would use the issued card to pay for premiums and had no interest in opening a bank account just to pay her monthly premium. As I am a long time agent but new to the FE market, I only have one carrier....so far and they insist on a bank draft. Thanks for any suggestions!

 

[Bcrane0305]

Does anyone have any suggestions on or know which FE companies allow clients to use the government benefit cards to pay monthly premiums? I lost a client recently because she only had and only would use the issued card to pay for premiums and had no interest in opening a bank account just to pay her monthly premium. As I am a long time agent but new to the FE market, I only have one carrier....so far and they insist on a bank draft. Thanks for any suggestions!

Transamerica and make sure the draft date matches the deposit day.. Never allow them to pick their draft date

 

[goillini52]

Does anyone have any suggestions on or know which FE companies allow clients to use the government benefit cards to pay monthly premiums? I lost a client recently because she only had and only would use the issued card to pay for premiums and had no interest in opening a bank account just to pay her monthly premium. As I am a long time agent but new to the FE market, I only have one carrier....so far and they insist on a bank draft. Thanks for any suggestions!

SNL, Sentinel Security Life, Trinity Life and Gerber(GI).

 

[Newby]

Does anyone have any suggestions on or know which FE companies allow clients to use the government benefit cards to pay monthly premiums? I lost a client recently because she only had and only would use the issued card to pay for premiums and had no interest in opening a bank account just to pay her monthly premium. As I am a long time agent but new to the FE market, I only have one carrier....so far and they insist on a bank draft. Thanks for any suggestions!

You can't do FE with just one carrier. And you just ran into one of the reasons.

TransAmerica, Trinity Life/Family Benefit, 5-Star Life, Security National Life, Liberty National all have debit express payments.