Register here to view the forum without ads

Insurance Agent Forum
Join our Facebook Fan Page  Join our LinkedIn Group of Insurance Agents  Follow Insurance Agents Forum on Twitter
Currently Online: 196
Members: 13,187
Discussions: 15,208
Messages: 199,441
Views: 7,993,255

Go Back   Insurance Agent Forum > Insurance Agents and Brokers Forum > Senior Insurance Forum

Scroll down for a discussion on New zero premium life insurance policy/miracle/financial/group within the Senior Insurance Forum.

Originally Posted by CHUMPS FROM OXFORD I took the plunge. I didn't want to tell anyone, but I paid my $10 a few weeks ago. ...


Reply to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 09:37 AM   #961
Guru
 
Frank Stastny on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Dec 2006
Posts:3,432
State: Frank Stastny is an Insurance Agent from Missouri
             Go to Top


Originally Posted by CHUMPS FROM OXFORD View Post
I took the plunge. I didn't want to tell anyone, but I paid my $10 a few weeks ago. I finally got my enrollment materials last week and met with a few folks.

Everything worked pretty good. The only problem is that the two customers I met with, would not tell me their name or where they lived. They refused to give their age. When I asked to see their driver's license, they just snickered and said, "who the hell needs a license to drive?"

Anyway, they signed the papers, but gave me no information. I turned the apps in and yesterday got my payment...a shiny green hotel to put on Marvin Gardens, one of my many properties.
Wow, does that mean that I can now sign up under you?

I will send my check for $10.00 promptly at the end of last month.

Thanks for this great opportunity. I know you got the shiny green hotel because you got in early and since I waited so long I'm going to get a lot less. (Damn, I should have listened to you.) Any chance that I could at least get an olive drab tent when I start giving this away to all the poor people?
Choose Insurance Type

Enter Zip Code
------------------------------------
Medicare Supplement Sales Training and Coaching.

"The Perfect Contact Management Program (CMP) for the Insurance Professional"
www.YourInsuranceOffice.com
877.633.0808
Frank Stastny is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group

Register Now for FREE!
Are you an Insurance Agent Forum member yet? To sign up for your FREE INSTANT account, fill out the form below!

Username:     Password:   Confirm Password:     E-Mail:   Confirm E-Mail:

    Question of the day:   United States of Agree to forum rules 


Old 05-09-2007, 09:54 AM   #962
Expert
 
Superchief on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:160
             Go to Top

From the companies that I use the prem are a lot higher than you posted for someone 65 or older.

[COLOR=cyan][COLOR=#000000]65 yr old in great shape perfect health male whole life from United Home Life is 106 per mos and that's their best rate.[/COLOR][/COLOR]

[COLOR=cyan][COLOR=#000000]Union Natl for same person 130.9[/COLOR][/COLOR]
UTA is $62.89 per month for a 65 year old Female to get $15K.
Monumental Life is $61.81
CGI is $66.28

No wonder you're looking for Zero Premium Life.
Superchief is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 10:07 AM   #963
Kyle Henson
 
Posts:n/a
             Go to Top

Originally Posted by Superchief View Post
UTA is $62.89 per month for a 65 year old Female to get $15K.
Monumental Life is $61.81
CGI is $66.28

No wonder you're looking for Zero Premium Life.
and most people dont sell that much FE...it is usually $10000 or less...which is about $40-$50/month. I have never heard of FE costing $100+ either.
  Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 10:17 AM   #964
Guru
 
CHUMPS FROM OXFORD on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:5,467
State: CHUMPS FROM OXFORD is an Insurance Agent from Ohio
             Go to Top

Originally Posted by Frank Stastny View Post
Any chance that I could at least get an olive drab tent when I start giving this away to all the poor people?
Frank

I'm so sorry, but we ran out of tents a few minutes ago. All that is left is an autographed picture of one of Ali's driving buddies...Tony LaRussa!
------------------------------------
Ohio Health Insurance Quotes
Affordable Ohio Term Life Insurance
Ohio's leading insurance resource
Founder of an Association with 47,000 members
Sporting News Fantasy Football Champion
CHUMPS FROM OXFORD is online now   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 10:48 AM   #965
Guru
 
Frank Stastny on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Dec 2006
Posts:3,432
State: Frank Stastny is an Insurance Agent from Missouri
             Go to Top

Originally Posted by CHUMPS FROM OXFORD View Post
Frank

I'm so sorry, but we ran out of tents a few minutes ago. All that is left is an autographed picture of one of Ali's driving buddies...Tony LaRussa!
*$#%&*^#! another great opportunity down the toilet. I don't think I'll ever make it in this business. Why didn't someone tell me to sign up earlier so i could have at least gotten a mom and pop motel, now you are even out of tents.

I guess I've also lost my $10 now.
Frank Stastny is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 11:31 AM   #966
Expert
 
Superchief on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:160
             Go to Top

I can spot you another $10 Frank. Of course some terms and conditions will apply. I can't disclose them yet though, but that's OK; go ahead and sign the contract and I'll send you a new $10 bill eventually, I'm not sure when, but definately sometime.
Superchief is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 11:52 AM   #967
Expert
 
Slick on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Feb 2007
Posts:139
             Go to Top

Frank, I hate to see you get caught up in this and lose your $10, so here's a honest, legal opportunity from a man with a valid drivers license...

[COLOR=red][COLOR=red]Earn Money Stuffing Envelopes[/COLOR][/COLOR]
[COLOR=black]You will make $1,000's in this business!!![/COLOR]
You can [COLOR=darkgreen]earn $1 each envelope you stuff[/COLOR] while sitting at home on your couch.
This is a limited opportunity with only a few spots remaining so get started today.
This opportunity is absolutely FREE!!!
You will only be charged a small s/h fee.
So send your check or money order for $1 along with a SASE to:

STUFF IT
123 West Main
Palookaville Tn. 00010
------------------------------------
Keith Kessler


"Honor God, Help People"
Slick is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 12:03 PM   #968
Guru
 
healthagent on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Sep 2006
Posts:9,803
State: healthagent is an Insurance Agent from Maryland
Send a message via Yahoo to healthagent
             Go to Top

LOL!

IMPORTANT ZERO PREMIUM LIFE INFORMATION. WHILE WE ALL WAIT FOR THIS PRODUCT TO BE LAUNCHED WE HAVE ALSO AFFILIATED OURSELVES WITH ANOTHER OPORTUNITY!

ATTENTION: Even if you're only remotely interested in increasing your income for the weeks, months and years to come, then PLEASE, I urge you to take just a few short minutes to read this page.
[COLOR=#000099][COLOR=#6666cc]"WORK AT HOME ASSEMBLY JOBS"[/COLOR][/COLOR]
[COLOR=#ff0000]GRAB YOUR 100% 'FREE'[/COLOR]
Starter Guide Today!!


[COLOR=#ff0000][COLOR=#000000]Earn $720+[/COLOR] [/COLOR]Weekly With [COLOR=#ff0000]No Experience [/COLOR]Required At All! -[COLOR=#ff0000][COLOR=#000000]OVER 1,200+[/COLOR][/COLOR]Companies
Ready To Hire You & More Than 2,000 PLUS+ Items To Assemble...!!

------------------------------------
Health Insurance Agents: Training, Support, Discounts, E&O for $440 www.ihiaa.com

Read our blog: www.IHIAA.blogspot.com
healthagent is online now   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 12:19 PM   #969
Guru
 
salpro22 on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Dec 2006
Posts:2,217
             Go to Top

Originally Posted by john_petrowski View Post
LOL!

IMPORTANT ZERO PREMIUM LIFE INFORMATION. WHILE WE ALL WAIT FOR THIS PRODUCT TO BE LAUNCHED WE HAVE ALSO AFFILIATED OURSELVES WITH ANOTHER OPORTUNITY!

ATTENTION: Even if you're only remotely interested in increasing your income for the weeks, months and years to come, then PLEASE, I urge you to take just a few short minutes to read this page.
[COLOR=#000099][COLOR=#6666cc]"WORK AT HOME ASSEMBLY JOBS"[/COLOR][/COLOR]
[COLOR=#ff0000]GRAB YOUR 100% 'FREE'[/COLOR]
Starter Guide Today!!


[COLOR=#ff0000][COLOR=#000000]Earn $720+[/COLOR] [/COLOR]Weekly With [COLOR=#ff0000]No Experience [/COLOR]Required At All! -[COLOR=#ff0000][COLOR=#000000]OVER 1,200+[/COLOR][/COLOR]Companies

Ready To Hire You & More Than 2,000 PLUS+ Items To Assemble...!!


Awesome. I have always wanted to assemble vibrators from home. do you have a phone number John?
------------------------------------
[COLOR=#000066]"Tell me and I will forget. Show me and I will remember. Involve me and I will understand." Confucius

[/COLOR]
http://insurancesaleslibrary.blogspot.com/
salpro22 is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 12:24 PM   #970
Guru
 
Join Date: Mar 2007
Posts:3,558
State: senior-advisor-indiana is an Insurance Agent from Indiana
             Go to Top

Insurance0707 never defended using term life for final expense???????
senior-advisor-indiana is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 12:41 PM   #971
Guru
 
GreenSky on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:4,529
State: GreenSky is an Insurance Agent from California
             Go to Top

Originally Posted by senior-advisor-indiana View Post
Insurance0707 never defended using term life for final expense???????
I don't think she was seriously considering term as a final expense product. She was only pointing out that low priced coverage such as term is not generally available to seniors. While I can't say this with absolute certainty, I doubt that any agent would recommend term insurance for anyone looking for a permanent plan of final expense.

I like this site because of the ability to discuss things. This thread in particular has degraded to ridiculing and attacking others.

Rick
------------------------------------
ILIAA
Training, Community, Support, and Success
Independent Life Insurance Agents Assn
rick@iliaa.org
GreenSky is online now   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 12:54 PM   #972
Guru
 
Join Date: Mar 2007
Posts:3,558
State: senior-advisor-indiana is an Insurance Agent from Indiana
             Go to Top

I have ran into seniors that bought term for final expenses, replaced it too.

GreenSky, you seem to be defending ins0707 quite a bit...........
senior-advisor-indiana is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 01:44 PM   #973
Guru
 
Frank Stastny on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Dec 2006
Posts:3,432
State: Frank Stastny is an Insurance Agent from Missouri
             Go to Top

Originally Posted by Superchief View Post
I can spot you another $10 Frank. Of course some terms and conditions will apply. I can't disclose them yet though, but that's OK; go ahead and sign the contract and I'll send you a new $10 bill eventually, I'm not sure when, but definately sometime.
Thanks Superchief, that's good enough for me. You are in the insurance business so I know I can trust you even though I have never met you and don't have your phone number or address.

Forget the conditions I don't need to know what they are, I know they will be fair and in my best interest. I can't image anyone who would think that an insurance agent would try to screw another insurance agent out of $10.00.

You have been in the business a long time and that is all I need to know.
Frank Stastny is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 01:56 PM   #974
Guru
 
Frank Stastny on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Dec 2006
Posts:3,432
State: Frank Stastny is an Insurance Agent from Missouri
             Go to Top

Originally Posted by Slick View Post
Frank, I hate to see you get caught up in this and lose your $10, so here's a honest, legal opportunity from a man with a valid drivers license...

[COLOR=red][COLOR=red]Earn Money Stuffing Envelopes[/COLOR][/COLOR]
[COLOR=black]You will make $1,000's in this business!!![/COLOR]
You can [COLOR=darkgreen]earn $1 each envelope you stuff[/COLOR] while sitting at home on your couch.
This is a limited opportunity with only a few spots remaining so get started today.
This opportunity is absolutely FREE!!!
You will only be charged a small s/h fee.
So send your check or money order for $1 along with a SASE to:

STUFF IT
123 West Main
Palookaville Tn. 00010
Is it okay if I just send you a signed blank check so you can add the "small s/h fee?

I don't want to run the risk of missing out on this deal because I haven't paid the s/h fee. I wouldn't want to find out I didn't get the s/h fee to you soon enough and you already have all the people you need?
Frank Stastny is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:16 PM   #975
Guru
 
Join Date: Mar 2007
Posts:408
             Go to Top

ZERO COST INSURANCE COVERAGE SOLICITATIONS
The Department has received a number of inquiries from Georgia resident licensed agents who have been solicited through e-mail and facsimile transmitted advertisements to sell Zero down, No Cost, No Premium, Zero Premium or Zero Payment insurance coverage to their clientele. These advertisements will typically come from license agencies or agents who are located outside of the State of Georgia and offer to pay the agent a fixed-fee payment for each policy of coverage that is procured, most often the sum of $250.
The coverage most commonly offered is advertised as "final expense" or "final arrangement" whole or universal life coverage for the insured in the face amount of $15,000. Though not always directly indicated, coverage is targeted to those who are 65 to 85 years of age. To the extent that the communication discloses such information, it states or implies that the coverage provided under the policy will be paid for by unidentified others having a beneficial interest in the remaining face amount of the insurance policy being offered. This coverage may also involve undisclosed premium financing arrangements. These solicitations to agents will characteristically fail to directly disclose the name of the insurance company providing the coverage, but indicate or imply that it has already been approved for sale in the State of Georgia.
The Georgia Department of Insurance has opened an investigation to ascertain whether, and the extent to which, these solicitations directly violate any Georgia Statutes and Regulations applicable to the sale of universal or whole life insurance products.
Pending completion of the Departmental investigation, all Georgia licensed agents are cautioned by the Commissioner to refrain from entering into any agreement or arrangement to market or sell a life insurance product where an unnamed individual or company is offering to pay for all or a significant portion of the insurance coverage on behalf of the insured, where the insurance company offering the product is not disclosed up front in any advertising about the product, where there is a third person or entity having a remaining beneficial interest in the balance of the coverage beyond that afforded to the insured, or where you, as a licensed agent are not being directly "appointed" to market or sell a final expense life insurance product by an insurance company that is offering the coverage in Georgia.

David C is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:23 PM   #976
Guru
 
GreenSky on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Mar 2007
Posts:4,529
State: GreenSky is an Insurance Agent from California
             Go to Top

Originally Posted by senior-advisor-indiana View Post
GreenSky, you seem to be defending ins0707 quite a bit...........
I'm not trying to defend anyone here except that there is room for interpretation of what was written. My "take" on the post is different than what you think was the underlying meaning.

Also, if I feel someone is being unjustly attacked, should I not express my opinion? Is it okay to disagree with someone without being put on the defensive?

Rick
GreenSky is online now   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:26 PM   #977
Guru
 
Melmunch3 on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Aug 2006
Posts:1,259
Send a message via AIM to Melmunch3
             Go to Top

Rick, I think you bring some balance to this thread... don't back off
Melmunch3 is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:30 PM   #978
Expert
 
Slick on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Feb 2007
Posts:139
             Go to Top

David, please disclose your source for that info.
Slick is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:36 PM   #979
Guru
 
Join Date: Mar 2007
Posts:408
             Go to Top

I'll reveal my source 5/15/07.

That was sent to me by someone stating that The Ga. DOI was about to post it.
David C is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Old 05-09-2007, 02:43 PM   #980
Expert
 
Slick on New zero premium life insurance policy/miracle/financial/group - Insurance Agent Forum
 
Join Date: Feb 2007
Posts:139
             Go to Top

Originally Posted by David C View Post
I'll reveal my source 5/15/07.

That was sent to me by someone stating that The Ga. DOI was about to post it.
Sounds like insider trading in reverse?!?

Choose Insurance Type Enter Zip Code


Slick is offline   Reply With Quote to New zero premium life insurance policy/miracle/financial/group
Reply to New zero premium life insurance policy/miracle/financial/group

  Insurance Forum > Insurance Agent Forum > Insurance Agents and Brokers Forum > Senior Insurance Forum



Thread Tools
Display Modes

Similar Threads with New zero premium life insurance policy/miracle/financial/group
Thread Thread Starter Forum Replies Last Post
10,000 Single Premium Life Policy midwestbroker Life Insurance Forum 15 10-08-2009 05:53 AM
Tips to buy a Life Insurance Policy. What is the average price of life insurance ? bhartiaxa Senior Insurance Forum 16 08-18-2009 02:11 PM
Premium Financed Life Insurance 77flanery Life Insurance Forum 224 09-11-2008 11:44 PM
Purtian Financial/United Financial group lalisa13 General Insurance Agent Discussions 1 05-17-2008 11:21 PM
Single Premium Life Insurance Winter Life Insurance Forum 24 05-09-2008 03:31 PM



All times are GMT -5. The time now is 04:46 PM.


Powered by vBulletin® Version 3.6.12 Secure
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0