Simplified Vs Fully Underwritten Rates

[Mattschmidt]

anyone who says RNA has Simplified issued pricing comparable to fully underwritten is an *** and a liar.

Probably the same type of person who advertises on their website they offer AAA, AllSTATE and Primerica. Avoid liars and false marketers like this

 

[TwiLight]

What are the best non-med SI/MP carriers?

These are two of the best priced MP products for SI Term:

• 
  American Amicable - Term Made Simple

• Foresters - Your Term

 

[Baseball7]

Ok, rate the following

Balt life Home Secure
Foresters Your Term
Americo HMS
Omaha Term Express

 

[TwiLight]

Best Rates in order
1. AmAm Term Made Simple. Great rates 50-75
2. Foresters Your Term non-med. Good rates ages 30-50. Better comp 15yr

3. Omaha TLE. 25-30% higher base rates. Higher street Comp. Good underwriting
4. Baltimore Home Secure. Comparable rates to Omaha. Higher street comp. Must have mortgage though. Only plan for functionally disabled.

5. Americo HMS. Great comp for the IMO... Average comp for the agent.

 

[rousemark]

Best Rates in order
1. AmAm Term Made Simple. Great rates 50-75
2. Foresters Your Term non-med. Good rates ages 30-50. Better comp 15yr

3. Omaha TLE. 25-30% higher base rates. Higher street Comp. Good underwriting
4. Baltimore Home Secure. Comparable rates to Omaha. Higher street comp. Must have mortgage though. Only plan for functionally disabled.

5. Americo HMS. Great comp for the IMO... Average comp for the agent.

How does UHL and Family Life SI Term compare premium wise?

 

[Baseball7]

UHL seems to price highest but will take things like Insulin diabetics and others won't touch that.

 

[bluezebra48]

These are two of the best priced MP products for SI Term:

• 
  American Amicable - Term Made Simple

• Foresters - Your Term

Do you write that AmAm over the phone? Was not a big fan of the application process.

 

[TwiLight]

I have. It is a bit tedious though. More of a f2f eapp guy. AmAm TMS has a very short paper app too.

The foresters has igo app that is easy.

 

[Agentguy5]

I have. It is a bit tedious though. More of a f2f eapp guy. AmAm TMS has a very short paper app too.

The foresters has igo app that is easy.

Whenever an agent calls me to see if we do Mortgage Protection, I always think "hmm, the Skipper"

What is your top 5 simplified issued term carriers?

 

[TwiLight]

Whenever an agent calls me to see if we do Mortgage Protection, I always think "hmm, the Skipper"

What is your top 5 simplified issued term carriers?

SI TERM
1. American Amicable
2. Foresters
3. Mutual of Omaha
4. Baltimore Life (MP only)
5. UHL
6. AMERICO

NON-MED TERM
1. ANICO / American National
2. Transamerica
3. SBLI
4. Sagicor
5. LSW

You have to have good NonMed along side SI term for pricing.

In the MP biz, the average age of people for DM leads are 58-60, so we also sell a lot of SIWL.