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Are any of these worth a flip...? I have been approached by agents and clients about guaranteed issue coverage... Thoughts?...


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Old 07-21-2008, 10:55 PM   #1
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joshril on Guaranteed Issue - Insurance Agent Forum
 
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Are any of these worth a flip...? I have been approached by agents and clients about guaranteed issue coverage...

Thoughts?
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Old 07-22-2008, 07:21 AM   #2
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somarco on Guaranteed Issue - Insurance Agent Forum
 
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Not that I have found. It's like buying a box of Band-Aids for a worn tire.
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Old 07-22-2008, 08:51 AM   #3
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healthagent on Guaranteed Issue - Insurance Agent Forum
 
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If there was ever a E&O claim waiting to happen, it's selling the most limited plans to the sickest people. I don't care how much you go over the limitations - when they get nailed with a bill they'll get selective amnesia.
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Old 07-22-2008, 09:06 AM   #4
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patch36 on Guaranteed Issue - Insurance Agent Forum
 
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AARP is pushing one very hard on TV. Dateline needs to do an expose on AARP.
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Old 07-22-2008, 10:50 PM   #5
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Dateline needs to do an expose on AARP.
I wouldn't bet on that happening anytime soon.
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Old 07-23-2008, 07:55 AM   #6
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Newby on Guaranteed Issue - Insurance Agent Forum
 
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Originally Posted by TXINSURANCE View Post
I wouldn't bet on that happening anytime soon.
60-Minutes did it. They got sued by AARP but they won the lawsuit. It resulted in the feds invistigating AARP and forcing them to split apart from their former (partners/owners?) Colonial Penn Life Insurance.

It's well documented but has been many years ago so a lot of seniors have forgotten it. Even back whn it happened, many of them ignored it and thought it was politically based.

Andy Rooney's Book
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Old 07-26-2008, 09:22 PM   #7
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Invain15 on Guaranteed Issue - Insurance Agent Forum
 
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Not worth your time
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Old 10-19-2008, 02:17 AM   #8
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GI have their place and time. There are policies that are worth the trouble and it is my belief that people that do not qualify for Major Medical, can still benefit from the GI medical. It is limited medical, but it can still be better than not having coverage. There are GI FE as well as GI medical and I have made money in both. Lots of people do not like GI medical because it provides very little coverage, which is true. People don't like GI FE because it is very expensive, which is also true. However, if I am to do my job with the honesty and integrity that every agent should; then the decision is up to the client- not to us. I explain to them the benefits of having it as well as the summary of benefits with a full explanation. I sell lots of GI and I never force it upon my clients. I maybe the only one, but I personally like GI policies.

Last edited by Thatguy : 10-23-2008 at 02:29 AM. Reason: mistake in editing
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Old 10-19-2008, 02:03 PM   #9
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Double posting

Last edited by Thatguy : 10-22-2008 at 04:20 PM. Reason: Double Posting
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Old 10-21-2008, 07:04 PM   #10
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robliano on Guaranteed Issue - Insurance Agent Forum
 
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Who is that guy?

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