Gerber Life Medicare Supplement

G.Gordon · 09-08-2009, 01:44 PM

Anyone got a line or info into the Gerber Line being offered? I just got an email and rates should be in the followup...

policy doctor · 09-08-2009, 01:50 PM

I just got the same from that group in Fla. Guess Gerber wants to make more money off the baby boomers ageing in to Medicare, since they are familiar with the company name.

Oh wait, they feed them Gerber's in the nursing facility, don't they?

Frank Stastny · 09-08-2009, 01:57 PM

Originally Posted by G.Gordon

Anyone got a line or info into the Gerber Line being offered? I just got an email and rates should be in the followup...

I have rates and contracts. There is a thread in the offers section. I have rates and commissions for the 32 states they have released in. Missouri is one of them.

The following link will bring up all the states Gerber has released in as of today and the rates in those states.

gerbermarketing

Russ · 09-08-2009, 02:47 PM

Originally Posted by Frank Stastny

I have rates and contracts. There is a thread in the offers section. I have rates and commissions for the 32 states they have released in. Missouri is one of them.

The following link will bring up all the states Gerber has released in as of today and the rates in those states.

gerbermarketing

Thanks for the rates. They are just under what MoO charges. Plus they offer a disability med-supp. I had 2 marketers that emailed me information on this this morning. Precision Insurance Marketing is the one I responded to. Offers 22% commission + a 12 month advance. I may be writing some with them.

G.Gordon · 09-08-2009, 03:01 PM

Frank,

Get me the contracting for this ASAP. Great rates for Kansas and Missouri. One of my usuals is offering it, but I haven't seen the info that you gave me. Too slow... gotta go.

Frank Stastny · 09-08-2009, 05:01 PM

Originally Posted by Russ

Thanks for the rates. They are just under what MoO charges. Plus they offer a disability med-supp. I had 2 marketers that emailed me information on this this morning. Precision Insurance Marketing is the one I responded to. Offers 22% commission + a 12 month advance. I may be writing some with them.

Unfortunately I don't have the commission rates that I will offer yet. Should have them sometime tomorrow.

It isn't Precision that is offering a 12 month advance, it is Gerber. Anyone contracted with them can get a 12 month advance.

Russ · 09-08-2009, 06:06 PM

Originally Posted by Frank Stastny

Unfortunately I don't have the commission rates that I will offer yet. Should have them sometime tomorrow. I know it will be above street just don't know how much yet.

It isn't Precision that is offering a 12 month advance, it is Gerber. Anyone contracted with them can get a 12 month advance.

I didn't say or think it was Precision.

I looked up Gerber Life's AM Best rating. It's "A" w/a negative outlook....Best's Rating Center - Company Information for Gerber Life Insurance Company

Frank Stastny · 09-08-2009, 06:25 PM

Originally Posted by Russ

I didn't say or think it was Precision.

I looked up Gerber Life's AM Best rating. It's "A" w/a negative outlook....Best's Rating Center - Company Information for Gerber Life Insurance Company

I guess I misread your post.

I don't know about the negative outlook. I'm planning on selling for them.

Russ · 09-08-2009, 07:32 PM

Originally Posted by Frank Stastny

I guess I misread your post.

I don't know about the negative outlook. I'm planning on selling for them.

I was just implying what Gerber offers.

No big deal...thanks....

jacobtn · 09-08-2009, 07:54 PM

I got 7 phone calls today about Gerber, 5 from AmeriLife (yup, FIVE) and 2 from random IMOs. Also got an email and a fax from two COMPLETELY DIFFERENT IMOs.

They sure are getting the word out! I would never do business with AmeriLife because they are crooked, but I am going to contract through someone else because they pay a good commission, no interest on 12 mth advance and good rates/underwriting.

vanquishV12 · 09-08-2009, 07:59 PM

Does any one know it Gerber will do business for med Supps in OR?

policy doctor · 09-08-2009, 08:08 PM

Don't know why they are so high here in metro Atlanta, but the male rates are not that competitive.

MedSuppPro · 09-08-2009, 08:19 PM

[COLOR="Green"]SWEEEEEEET[/COLOR]

[COLOR="Green"]Just a spoon full of sugar makes the Gerber's go down!

THIS IS GOOD!!!

[/COLOR]

jamesflou · 09-08-2009, 08:58 PM

Looks like the Georgia rates are a little higher. I wouldn't worry about the negative outlook that a lot of insurers are receiving at the moment because it's more of a recession factor. If you are with a long standing company with a great reputation then you should be okay!

GreenSky · 09-08-2009, 09:36 PM

Not a big deal in CA but not too bad either. Never saw any one company the was good in all areas.

You gotta know the market and sell the best you can.

Rick

MedSuppPro · 09-08-2009, 09:52 PM

What does the application's health questionnaire look like? Is it a carbon of MofO's? I hope it's not 15 thousand pages long like Mutual's!

Frank Stastny · 09-08-2009, 11:37 PM

Originally Posted by vanquishV12

Does any one know it Gerber will do business for med Supps in OR?

They have not released yet in Oregon. I have heard that there may be more states getting Gerber next month.

Russ · 09-09-2009, 01:33 PM

Can't write Gerber Life in Florida until July 1st, 2010.

I could be dead by then.

jacobtn · 09-09-2009, 02:20 PM

Well they are in TN and GA so here I go!

The Brokerage Resource · 09-09-2009, 03:00 PM

Make sure you compare apples to apples, in a lot of states they are marketing the Select rates (network based) not the "see any medicare provider" rates.