Final Expense Rates

*midwestbroker* · 03-09-2007, 12:51 PM

I just contracted with Monumental Life, and I think that their rates might be high.

Example Rates
65 Male Non smoker standard rate $5,000 DB
$39.30 per mo
Same but female
$27.89 per mo

So, what else is out there and what do their rates look like.

Thanks!

James · 03-09-2007, 01:45 PM

Quote:

Originally Posted by midwestbroker

I just contracted with Monumental Life, and I think that their rates might be high.

Example Rates
65 Male Non smoker standard rate $5,000 DB
$39.30 per mo
Same but female
$27.89 per mo

So, what else is out there and what do their rates look like.

Thanks!

About the same as with TransAmerica. I've seen them go higher. I'm talking Standard Rates not Super Duber Prefered Rates as some will obviously mention, you know all them Super duper preferred seniors!

Zydo · 03-09-2007, 04:44 PM

$27 & $22 respectively for standard rates.

*midwestbroker* · 03-09-2007, 05:06 PM

Alright, that make me feel better then.

Thanks!

maryjd123 · 03-11-2007, 01:12 AM

Quote:

Originally Posted by midwestbroker

I just contracted with Monumental Life, and I think that their rates might be high.

Example Rates
65 Male Non smoker standard rate $5,000 DB
$39.30 per mo
Same but female
$27.89 per mo

So, what else is out there and what do their rates look like.

Thanks!

here is Baltimore lifes rates

65 male non smoker standard rate 5000 db
30.15
Female is
23.85

I use senior market sales -- www.seniormarketsales.com
Pat S. is my rep --- they are really helpful in training and will go out of their way to get you going

policy doctor · 03-11-2007, 11:33 PM

I find that Cont Life has good rates....and one of their products matches your quotes.

I'm getting topped out on various carriers....it's beginning to look like the buffet line at Golden Corral...Med Advantage, Med Supps, FE, Annuities, EIL, Term, etc.......awww...and i don't have a wrap-around for an MA, or a cancer policy, and maybe the occasional accident. Hey, i also forgot LTC.....

Jeepers, creepers....THIS IS INSANE.

honestagent · 03-12-2007, 12:24 AM

Quote:

Originally Posted by policy doctor

I find that Cont Life has good rates....and one of their products matches your quotes.

I'm getting topped out on various carriers....it's beginning to look like the buffet line at Golden Corral...Med Advantage, Med Supps, FE, Annuities, EIL, Term, etc.......awww...and i don't have a wrap-around for an MA, or a cancer policy, and maybe the occasional accident. Hey, i also forgot LTC.....

Jeepers, creepers....THIS IS INSANE.

Lol, they all want a piece of the rich pie! lol... greed at its all time best.

DanBran · 07-03-2008, 12:13 PM

"I find that Cont Life has good rates....and one of their products matches your quotes.

I'm getting topped out on various carriers....it's beginning to look like the buffet line at Golden Corral...Med Advantage, Med Supps, FE, Annuities, EIL, Term, etc.......awww...and i don't have a wrap-around for an MA, or a cancer policy, and maybe the occasional accident. Hey, i also forgot LTC.....

Jeepers, creepers....THIS IS INSANE."

I agree as new agent trying to get going and get good contracts is a battle and then to prospect and finally sell something.