Over 150.000 insurance professionals and consumers come to the Insurance Forum every month. Click here to register for FREE


Go Back   Insurance Forums > Insurance Agents and Brokers Forum > Life Insurance Forum

Reply to Simplified Vs Fully Underwritten Rates     
Old 08-24-2017, 04:32 PM   #11
Guru
Mattschmidt on Simplified Vs Fully Underwritten Rates
 
Join Date: Apr 2011
Posts:3,194
State: Mattschmidt is an Insurance Agent from Pennsylvania
Mattschmidt is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
anyone who says RNA has Simplified issued pricing comparable to fully underwritten is an idiot 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
Attached Images
File Type: jpg Screenshot (35).jpg (56.1 KB, 22 views)

------------------------------------
www.diabeteslifesolutions.com
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 03:36 PM   #12
Guru
TwiLight on Simplified Vs Fully Underwritten Rates
 
Join Date: Jun 2011
Posts:2,748
State: TwiLight is an Insurance Agent from Michigan
TwiLight is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Originally Posted by Baseball7 View Post
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

Attached Files
File Type: pdf TMS_Highlights.pdf (182.8 KB, 9 views)
File Type: pdf Foresters_Your-Term_Fact.Sheet.pdf (203.1 KB, 12 views)
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 04:42 PM   #13
Guru
 
Join Date: Jun 2015
Posts:1,393
State: Baseball7 is an Insurance Agent from Undisclosed Location
Baseball7 is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Ok, rate the following

Balt life Home Secure
Foresters Your Term
Americo HMS
Omaha Term Express
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 04:59 PM   #14
Guru
TwiLight on Simplified Vs Fully Underwritten Rates
 
Join Date: Jun 2011
Posts:2,748
State: TwiLight is an Insurance Agent from Michigan
TwiLight is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
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.

------------------------------------
Fresh Mortgage Protection Leads.
Chat with 'The Skipper" for a more detailed discussion.

Last edited by TwiLight; 08-27-2017 at 06:41 AM.
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 05:11 PM   #15
Guru
rousemark on Simplified Vs Fully Underwritten Rates
 
Join Date: Dec 2010
Posts:12,943
State: rousemark is an Insurance Agent from Tennessee
rousemark is a member of 5000 posts Super VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Originally Posted by TwiLight View Post
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?
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 05:31 PM   #16
Guru
 
Join Date: Jun 2015
Posts:1,393
State: Baseball7 is an Insurance Agent from Undisclosed Location
Baseball7 is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
UHL seems to price highest but will take things like Insulin diabetics and others won't touch that.
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 07:44 PM   #17
Super Genius
bluezebra48 on Simplified Vs Fully Underwritten Rates
 
Join Date: Apr 2015
Posts:54
State: bluezebra48 is an Insurance Agent from
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Originally Posted by TwiLight View Post
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.
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-26-2017, 08:37 PM   #18
Guru
TwiLight on Simplified Vs Fully Underwritten Rates
 
Join Date: Jun 2011
Posts:2,748
State: TwiLight is an Insurance Agent from Michigan
TwiLight is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
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.
------------------------------------

Last edited by TwiLight; 08-27-2017 at 06:42 AM.
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-27-2017, 06:57 AM   #19
Guru
Agentguy5 on Simplified Vs Fully Underwritten Rates
 
Join Date: Aug 2012
Posts:2,889
State: Agentguy5 is an Insurance Agent from Florida
Agentguy5 is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Originally Posted by TwiLight View Post
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?
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Old 08-27-2017, 07:11 AM   #20
Guru
TwiLight on Simplified Vs Fully Underwritten Rates
 
Join Date: Jun 2011
Posts:2,748
State: TwiLight is an Insurance Agent from Michigan
TwiLight is a member of 1000 posts VIP club
Simplified Vs Fully Underwritten Rates Re: Simplified Vs Fully Underwritten Rates
Originally Posted by Agentguy5 View Post
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.
------------------------------------
  Reply With Quote to Simplified Vs Fully Underwritten Rates
Reply to Simplified Vs Fully Underwritten Rates 

  Insurance Agent Forum > Insurance Forums > Insurance Agents and Brokers Forum > Life Insurance Forum




Similar Threads with Simplified Vs Fully Underwritten Rates
Thread Thread Starter Forum Replies Last Post
Transitioning from SI WL to Fully Underwritten Term antireed Life Insurance Forum 8 06-10-2015 10:22 AM
For The Healthy Senior, Who Has Good Fully Underwritten Products? jtow Final Expense Forum 46 05-27-2013 11:36 AM
Dual FE and Fully Underwritten Carrier 0b1kanobee Final Expense Forum 16 02-02-2013 09:05 PM
Should You Sell Indexed UL? lachjs789 Life Insurance Forum 29 06-13-2012 12:44 PM
BCBS Reduces Rates for Small Group and Individual Plans SusieQ2 Health Insurance and Ancillary Benefits 1 01-09-2012 10:31 PM



All times are GMT -5. The time now is 01:47 PM.

Forum enabled with vBulletin®
Copyright ©2000 - 2017, vBulletin Solutions, Inc.


Join the Forum - It's FREE

Share This Page



Weekly Poll

Where do we go from here? POLL
Nothing - No ACA fixes - status quo
29.82 %
HHS Rulings and band aid bills
17.54 %
Hail Mary repeal and/or replace bill
17.54 %
A bipartisan bill to fix ACA
35.09 %

Voters: 57. This poll is closed