Originally Posted by peopleperson
The client tells me the premium has since gone up.. I got LH on the phone and they told us the insured (disabled and not in good health) agreed to a fraud alert, 30 day free trial that would later go to 8 bucks a month added to the premium.
I ran into that same situation sometime around December last year. Although, it was a new prospect for me. She had a LHLIC policy, so I was already excited because I knew switching her would likely be in her best interest, and then when we called LHLIC to see exactly what she had, we found out about the fraud alert.
She wasn't happy, she remembered them calling, but she didn't fully understand exactly what she was getting, but the call was coming from her life insurance company - must be a good thing
Needless to say, she is now a happy RNA policyholder.
LHLIC told me, "We sell them this protection after they are a policy holder to benefit our agent lead program.