- 1,802
CMS?
Center for MORONIC Services
Center for MORONIC Services
Forethought...you're Kidding, Right?
- Thread starter Todd King
- Start date
- 5,958
( by the way - there was some mis-information on the forethought chargeback policy. It's only the full 12 months in the event the client cancels within their 30 day free look period OR if a client dies non-accidentally in the first 12 months on a graded policy or a SWWL policy - otherwise the chargeback is prorated based upon the number of months paid before laspe )
- 16,926
The confusion probably stemmed from their Encore, and Select products. They DO have a full 12-month chargeback for ANY lapses, or cancelations and 6-months 100% then months 7-12 pro-rated. Someone was mixing those products up with ForeLife.
Monumental's pre-need products have a full 2-years chargeback for lapses and 12-months for deaths by the way.
magooandme
Expert
- 35
Well I'm so glad the Forethought confusion is finally over, or is it? I was digging around looking for my contract, guess I won't waste any more time on that.
- 424
Magooandme- What happened you said you were going to get back with me on a certain topic? It has been a couple or three weeks thought you must have been ill or worse!
magooandme
Expert
- 35
you're right I've been really ill for over a week now, just up and working today and you can imagine the catch up I have to do. Some awful bug is going around here.. it feels like the flu but diagnosed as pneumonia with bronchitis???
check your mail, it's done deal
Texas Insurance Guy
Expert
- 57
Thats pretty rough. Final Expense has too many good carriers that are competing to put up with that type of chargeback policy. I would steer clear.A good carrier will work with you on chargebacks not take it to you.
- 19,053
I got an email today that said NAA was teaming up with Forethought. What a pairing!
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