Originally Posted by johndf
That ship may have sailed. A number of companies that were in that space pulled out because they got burned by some very large telesales rooms selling the product as a life insurance policy instead of an ADD policy. Big advances, bad persistency doesn't take long for the losses to mount up.
Hmm, which companies were selling it? No one offers this product anymore? Why didn't they just pay advances on policies with bank info and as-earned commissions with credit/debit cards? If they did it that way their bottom line may have been better.