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Impaired Risk Guide

Reply to Multiple DUIs Looking for Term     
Old 08-06-2012, 01:39 PM   #1
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State: gambrinus is an Insurance Agent from Colorado
Multiple DUIs Looking for Term Multiple DUIs Looking for Term
DUI #1 Nov 2009

DUI #2 Jan 2010

Looking for $750k term.....


That second DUI is killing the deal with all of the carriers I've checked with...

Any ideas??
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Old 08-06-2012, 01:59 PM   #2
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
What companies have you checked with?

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Old 08-06-2012, 02:01 PM   #3
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WinoBlues on Multiple DUIs Looking for Term - Insurance Forum
 
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
Originally Posted by gambrinus View Post
DUI #1 Nov 2009

DUI #2 Jan 2010

Looking for $750k term.....


That second DUI is killing the deal with all of the carriers I've checked with...

Any ideas??
My last one like this went West Coast. Which is now Protective.
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Old 08-06-2012, 04:05 PM   #4
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
What was the outcome of criminal proceedings?

I imagine your client didn't even get to their first trial when 2nd dui occurred, right?

Does your client still drink?

Any circumstances surrounding client that can help address the drinking??? Stress, divorce, death in family, etc..??

Attending AA?
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Old 08-06-2012, 04:11 PM   #5
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BNTRS on Multiple DUIs Looking for Term - Insurance Forum
 
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
Age?





more words here!
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Old 08-07-2012, 10:31 AM   #6
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
Whew, 2 in only a couple of months? I'm guessing the client hasn't even resolved these in court yet, which will make it very tough to write. If he's possibly looking at jail time no way he'll get coverage. Twice in such a short period of time indicate to the insurers that he has no concern for his own health (let alone others), hence the declines.
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Also, you can always write guaranteed-issue product, either whole life or accident-only. Just not $750k of it though.
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Last edited by Kenek; 08-07-2012 at 10:47 AM. Reason: Posts merged
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Old 08-10-2012, 08:30 AM   #7
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
Have you tried Pru or Lincoln Benefit? I have had luck with both for clients with multiple DUIs. Pru table 4, LBL table 5 if my memory serves me.
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Old 08-10-2012, 10:00 AM   #8
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WinoBlues on Multiple DUIs Looking for Term - Insurance Forum
 
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
A cover letter is very important. AA, counseling, found religion etc.

Also there are several SI term plans that may work.
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Old 08-10-2012, 10:14 AM   #9
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Multiple DUIs Looking for Term Re: Multiple DUIs Looking for Term
Tell him to join AA....now!!



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