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

Insurance Forum
Currently Online: 382
Members: 43,070
Discussions: 49,834
Messages: 650,369
Join the Insurance Forum Facebook Page  Join our LinkedIn Group of Insurance Agents  Join our Google+ Page  Follow Insurance Forum on Twitter
New Ritter Senior Insurance Banner - MA

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

Reply to Cont Life?     
Old 08-10-2012, 10:46 AM   #1
Guru
 
Join Date: Oct 2010
Posts:435
State: medsuptage is an Insurance Agent from Washington
Cont Life? Cont Life?
What the heck is up with these weirdos?

Cont-life used to approve apps in like a weekish, which was already like twice as slow as every other carrier.


I just gave em a call, they are 7-10 days behind, STARTING to underwrite apps.

I think they bit off more then they can chew.


I hope these growing pains don't last.
------------------------------------
medsuptage is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 10:49 AM   #2
Guru
moonlightandmargaritas on Cont Life? - Insurance Forum
 
Join Date: Sep 2006
Posts:8,057
State: moonlightandmargaritas is an Insurance Agent from Florida
moonlightandmargaritas is a member of 5000 posts Super VIP club
Cont Life? Re: Cont Life?
Originally Posted by medsuptage View Post
What the heck is up with these weirdos?

Cont-life used to approve apps in like a weekish, which was already like twice as slow as every other carrier.


I just gave em a call, they are 7-10 days behind, STARTING to underwrite apps.
You expected something different from Aetna?
------------------------------------
moonlightandmargaritas is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 10:50 AM   #3
Guru
taterpeeler on Cont Life? - Insurance Forum
 
Join Date: Nov 2006
Posts:3,079
State: taterpeeler is an Insurance Agent from Texas
Send a message via AIM to taterpeeler
taterpeeler is a member of 1000 posts VIP club
Cont Life? Re: Cont Life?
agree... they have been in this mode for 3 months... very frustrating. for a while they were saying it was because the moved, that excuse only worked for a month.... problem is: them, 125 plan f and next player 142

------------------------------------
I can't spell, I can't write..... and I can't be bothered if you dont like it.

Texas Health Insurance

Texas Medicare Supplement
taterpeeler is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 10:58 AM   #4
Guru
 
Join Date: Oct 2010
Posts:435
State: medsuptage is an Insurance Agent from Washington
Cont Life? Re: Cont Life? medsuptage is the thread starter for: Cont Life?

Originally Posted by taterpeeler View Post
agree... they have been in this mode for 3 months... very frustrating. for a while they were saying it was because the moved, that excuse only worked for a month.... problem is: them, 125 plan f and next player 142
I'm in the exact same boat, it's either them

or take it on the chin comp wise with New Era. It's now worth it, I'll wait
------------------------------------
medsuptage is offline   Reply With Quote to Cont Life?

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

Username:     Password:   Confirm Password:     E-Mail:   Confirm E-Mail:     
   
Question of the day:   In which state is Miami Beach ? I agree to forum rules 


Old 08-10-2012, 11:13 AM   #5
Guru
 
Join Date: Jul 2008
Posts:6,685
State: jdeasy is an Insurance Agent from Kentucky
jdeasy is a member of 5000 posts Super VIP club
Cont Life? Re: Cont Life?
Lot of problems with them now. They say it's not because of Aetna but I never had these probllems with them before and I did have these same problems with Aetna.

They are slow, slow, slow now. Part of that is because of the rate reductions and the overflow of business. Still no reason to be this slow.

They have also changed how they draft the first payment on med sups. They say it's not a change and not Aetna related and a long standing rule. Maybe it was but they did not apply it until Aetna entered the picture.

I have a med sup in underwriting now from a referral from this board. We did the phone interview at POS just to speed things up. I still made it effective for Sept 1 because I knew how slow they are now. This was 3 weeks ago.

Last weekend the app disappeared from my pending list. It wasn't on my issued list or decline list either.

On Mon this week it was still not on any list but when I entered the policy number the page came up with the comment "declined". I called AmCon and asked why it was declined and they said it was still in underwriting and should get a decision this week.

I told them about it disappearing from my pending list and now saying decline. They said that was a glitch in the system because ofmoving record from the Continental system to the Aetna system.

I'm out of town now and just checked the AmCon site to see if there is a decision. I can't find this lady listed anywhere there now.

Fortunately I did not call the lady and tell her she was declined when I saw that listed.

They were a favorite to deal with. I was concerned about Aetna coming in. Looks like for good reason.

Checked this morning, (Sat.}, and this application is now approved.
------------------------------------

Last edited by jdeasy; 08-11-2012 at 10:52 AM.
jdeasy is online now   Reply With Quote to Cont Life?
Old 08-10-2012, 12:00 PM   #6
Super Genius
carol369 on Cont Life? - Insurance Forum
 
Join Date: May 2009
Posts:234
State: carol369 is an Insurance Agent from Michigan
Cont Life? Re: Cont Life?
So what you're saying is that Aetna is not a good company to work with? I'm mostly interested in med supps.
------------------------------------
carol369 is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 03:15 PM   #7
Super Genius
 
Join Date: Apr 2011
Posts:66
Cont Life? Re: Cont Life?
Just wait until the rate increases start.

You can't have the lowest rate
Pay full commissions on every age
Pay full commission on GI business
Pay full commission on under 65
Pay agents 22%

Mutual already learned this lesson
------------------------------------
maalox is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 03:54 PM   #8
Guru
somarco on Cont Life? - Insurance Forum
 
Join Date: Sep 2006
Posts:17,101
State: somarco is an Insurance Agent from Georgia
somarco is a member of 5000 posts Super VIP club
Cont Life? Re: Cont Life?
Just wait until the rate increases start.

You can't have the lowest rate
Pay full commissions on every age
Pay full commission on GI business
Pay full commission on under 65
Pay agents 22%

Mutual already learned this lesson
Where is the "like" button?

The same folks that bitch about MOO will be bitching about Continental by January.

As I recall they dropped rates 28% in Georgia. Not the lowest but close enough and when you factor in the commission all the whore agents jumped on this deal just like Aetna knew they would.

Enjoy!

------------------------------------
The doctor is in. Five cents please.
Georgia Medigap rates - Instant Quote
Georgia & Tennessee Medicare supplement rates
(404) 907-0925
somarco is offline   Reply With Quote to Cont Life?
Old 08-10-2012, 06:52 PM   #9
Guru
senior-advisor-indiana on Cont Life? - Insurance Forum
 
Join Date: Mar 2007
Posts:6,605
State: senior-advisor-indiana is an Insurance Agent from Indiana
senior-advisor-indiana is a member of 5000 posts Super VIP club
Cont Life?
Originally Posted by somarco

Where is the "like" button?

The same folks that bitch about MOO will be bitching about Continental by January.

As I recall they dropped rates 28% in Georgia. Not the lowest but close enough and when you factor in the commission all the whore agents jumped on this deal just like Aetna knew they would.

Enjoy!
There is nothing wrong with being a whore agent... Rick is very good at what he does.
------------------------------------
senior-advisor-indiana is offline   Reply With Quote to Cont Life?
Old 08-13-2012, 10:34 AM   #10
Super Genius
Aksarben68022 on Cont Life? - Insurance Forum
 
Join Date: Jun 2012
Posts:84
State: Aksarben68022 is an Insurance Agent from Nebraska
Send a message via Yahoo to Aksarben68022
Cont Life? Re: Cont Life?
Agree with Maalox and Somarco.... eventually CLI/ACI will start getting hit by claims and will discover what MOO already figured out, That you can't correct actuarial errors with more business because it just compounds the problem.

I also understand as the agent you have to ride the wave when it comes so as long as they are in the mix I'd write them all day long too...




------------------------------------
Jordon Scott
Director of Agent Services
HealthPlanOne
203-402-2562
Aksarben68022 is offline   Reply With Quote to Cont Life?
Reply to Cont Life? 

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

New Ritter Senior Insurance Banner - CRM



Similar Threads with Cont Life?
Thread Thread Starter Forum Replies Last Post
SEO - For Insurance Agents kedwards Insurance Websites 100 04-28-2013 12:08 AM
Pot Smokers and Life Insurance STIBROKER Life Insurance Forum 55 04-02-2013 03:17 PM
Mega Strikes Again NASE/UGA/HEALTHMARKETS moonlightandmargaritas Individual Health Insurance Forum 570 03-11-2013 11:36 AM
Liberty Life (RBC's Life Insurance Division) Being Sold souldeux General Insurance Agent Discussions 2 05-15-2012 08:25 AM
Buy Term And Invest The Difference Atlas Life Insurance Forum 161 04-07-2012 11:59 PM
Direct Sales of Life Insurance Increasing agentexhorter Life Insurance Forum 70 02-14-2012 12:45 AM
How Much Does a Life Insurance Agent Pocket? STIBROKER Life Insurance Forum 21 08-25-2011 03:52 PM
Antique Insurance Books waterwheel General Insurance Agent Discussions 8 12-10-2010 02:41 PM



All times are GMT -5. The time now is 10:20 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2013, vBulletin Solutions, Inc.
SEO by vBSEO ©2011, Crawlability, Inc.