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I am working with a 45 yr old female client who had a chapter 7 bankruptcy discharged in Jan 2009 otherwise she is in perfect ...


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Old 05-28-2009, 05:59 PM   #1
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I am working with a 45 yr old female client who had a chapter 7 bankruptcy discharged in Jan 2009 otherwise she is in perfect health. My question is 'what carrier/s will approve her with the bk?' My understanding is Genworth is ok with recent bk's but others require the bk to be discharged for 1 year. Has anybody had any similar clients and were they approved and at what rating?
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Old 05-28-2009, 08:49 PM   #2
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dgoldenz on Clients with a Bankruptcy - Insurance Agent Forum
 
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Have your brokerage facility shop the case for you....easy answer.
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Old 05-28-2009, 11:00 PM   #3
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xrac on Clients with a Bankruptcy - Insurance Agent Forum
 
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Originally Posted by dgoldenz View Post
Have your brokerage facility shop the case for you....easy answer.
Good answer! We are talking life insurance here aren't we?
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Old 05-29-2009, 09:23 AM   #4
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Markingriffin on Clients with a Bankruptcy - Insurance Agent Forum
 
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It is not a problem with most companies.
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Old 05-29-2009, 10:14 AM   #5
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stormtracker on Clients with a Bankruptcy - Insurance Agent Forum
 
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It would be the ultimate irony if the bankrupt carrier refused the bankrupt applicant...
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Old 05-29-2009, 11:08 AM   #6
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GreenSky on Clients with a Bankruptcy - Insurance Agent Forum
 
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Originally Posted by stormtracker View Post
It would be the ultimate irony if the bankrupt carrier refused the bankrupt applicant...
That's one of the funniest things an insurance agent ever wrote! (You are licensed, right?)

Rick
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Old 05-29-2009, 11:38 AM   #7
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stormtracker on Clients with a Bankruptcy - Insurance Agent Forum
 
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Originally Posted by GreenSky View Post
That's one of the funniest things an insurance agent ever wrote! (You are licensed, right?)

Rick
Dually so...
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Old 05-29-2009, 01:04 PM   #8
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That was pretty funny.

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