Sentinel Life.........

[case1]

Can someone explain why Sentinel Life still needs a signed replacement form, just because the client may have existing life insurance, and NOT replacing. Good grief. I usually don't write them but they were a good fit.

 

[WinoBlues]

Can someone explain why Sentinel Life still needs a signed replacement form, just because the client may have existing life insurance, and NOT replacing. Good grief. I usually don't write them but they were a good fit.

If Sentinel Security, they probably don't know if you ask them.

 

[case1]

If Sentinel Security, they probably don't know if you ask them.

Funny- that's what the lady said. "I don't know, it's the companies policy" or something. Yes, Sentinel Security.

 

[jdeasy]

Can someone explain why Sentinel Life still needs a signed replacement form, just because the client may have existing life insurance, and NOT replacing. Good grief. I usually don't write them but they were a good fit.

NAIC states require a signed replacement form if they have current life insurance. Even if not replacing.

 

[bboman23]

NAIC states require a signed replacement form if they have current life insurance. Even if not replacing.

Dude how do you know EVERYTHING!!!!! You must be like 179 years old?

 

[jdeasy]

Dude how do you know EVERYTHING!!!!! You must be like 179 years old?

Hardly. Ky is an NAIC state.I learned that lesson the hard way.

 

[peteybear]

I've seen a few Fe co's in Naic states that don't require it. All fully underwritten co's do.

 

[jdeasy]

I've seen a few Fe co's in Naic states that don't require it. All fully underwritten co's do.

Those companies probably don't know any better. I just use the form. Write "no replacement involved" and have them sign it.

Usually make a joke about Ky requiring to sign that you aren't doing something. If I don't make a big deal of it then the applicant doesn't either.

 

[rousemark]

I've seen a few Fe co's in Naic states that don't require it. All fully underwritten co's do.

Not required in TN.. not even by the FW companies I use.

 

[jdeasy]

Not required in TN.. not even by the FW companies I use.

Is Tn an NAIC state?