Why Some FE Agents Are Frustrated

[Newby]

How would you like to have paid $800 for your 2000 piece lead drop get all reved up to go run your leads and have a company with the following underwriting requirements trying to pass itself off as final expense insurance.

Medical Condition Underwriting Action​

AIDS declined
Alzheimer’s disease,
Senile Dementia or
organic brain disease declined
Anemia (iron deficiency) standard
Anemia (other than
iron deficiency) declined
Aneurysm declined
Angina declined
Angioplasty declined
Anxiety disorders
(situational depression) standard
Arthritis (not severe and
not requiring steroids) standard
Arthritis (severe and/or
requiring steroids) declined
Asthma (not requiring ongoing
therapy or steroids) standard
Asthma (requiring chronic
steroid treatment or frequent
hospitalizations) declined
Bacterial pneumonia, full recovery standard
Benign essential tremor,
familial or physiological standard
Bursitis standard
Bipolar disorder, mild one episode standard
Bipolar disorder, chronic substandard
Bladder stones, recovered,
2 or less episodes standard
Bright’s disease of the kidney substandard
Bypass surgery ( heart) declined​

Probable
Medical Condition Underwriting Action​

Cancer (except basal cell
skin cancer) declined
Cerebral Palsy (other than mild) declined
Chronic Obstructive
Pulmonary Disease (COPD) declined
Congestive heart failure declined
Colitis, one attack less than
3 months duration standard
Coronary Artery Disease
(includes angina, angioplasty,
coronary stent, bypass surgery,
heart attack.) declined
Currently in medical facility declined
Cystic Fibrosis declined
Diabetes (non-smoker, non insulin
dependent, present age 60 or older,
diagnosis less than 5 years prior) standard
Diabetes (does not meet
qualifications above) substandard
Diabetes (inadequate control
or evidence of end organ
complications such as blindness,
amputation) declined
Diverticulosis and Diverticulitis standard
Emphysema declined
Epilepsy (well controlled
at least 3 years) substandard
Epilepsy (diagnosed less than
three years prior or inadequate
control of seizures) declined​

Probable
Medical Condition Underwriting Action​

Excessive weight (not morbidly
obese) and gastric bypass
(more than 6 months prior) substandard
Eye disorder , blindness, cataract,
glaucoma standard
Gallbladder problems (cholecystitis
and cholecystectomy) standard
Goiter, cured medically or surgically standard
Gout (unless severe or urinary
complications) standard
Heart attack declined
Heart murmur
(described as functional) standard
Heart murmur
(described as organic) declined
Heart valve disorder or
Heart valve replacement declined
Hepatitis A (cured) standard
Hepatitis (other than cured
hepatitis A) declined
Herpes Zoster (Shingles) standard
HIV positive declined
Hypertension or high blood
pressure (well controlled with
medication at least 6 months) standard
Hypertension (uncontrolled
or malignant) declined
Hypothyroidism standard
Hysterectomy (benign causes) standard
Irritable Bowel Syndrome standard
Irregular heart beat declined
Kidney dialysis declined​

Probable
Medical Condition Underwriting Action​

Kidney stone (unless multiple
occurances) standard
Leukemia declined
Liver disorders (except fatty liver) declined
Lupus (discoid) standard
Lupus (systemic) declined
Migraine headaches standard
Mitral valve prolapse,
requiring medication substandard
Multiple Sclerosis, in remission substandard
Obesity (morbid) declined
Organ transplant declined
Osteomyelitis (single or
recurrent one bone) standard
Pacemaker declined
Parkinson’s disease
(mild or in remission) substandard
Peptic ulcer
(no gastrointestinal bleed) standard
Peripheral vascular disease declined
Prostate disorders
(not cancer & normal PSA) standard
Renal failure declined
Skin cancer
(not malignant melanoma) standard
Stent (coronary) declined
Stroke, Cerebrovascular Accident
(CVA), Transient Ischemic
Attack (TIA) declined​

Ulcerative Colitis (mild) substandard

No wonder agents are getting frustrated out there.

 

[Cenla Agent]

What company is this?

 

[spacegolfer]

Talk about climbing a mountain. Wow!

 

[Newby]

What company is this?

It's an established company that has rolled this out as their ALL NEW final expense product and is doing heavy marketing of it.

A lot of these companies don't even know what final expense means.

 

[MedSuppRecruiter]

foresters

 

[Cenla Agent]

foresters

Thank you.

 

[Tom Highway]

does foresters not have graded and modified products that would catch some of these? is this indeed foresters?

 

[Newby]

does foresters not have graded and modified products that would catch some of these? is this indeed foresters?

It's not Forresters. I've heard that Forresters is a little funky with underwriting also but I haven't really looked at them myself.

But this one isn't Forresters.

 

[G.Gordon]

So... you paid $800 for marketing a product and you didn't research/study the viability of said product until you made a financial outlay?

And... you don't have a back up product? One product never, never, never fits all the situations you'll come across in any insurance market.

Nothing wrong with the company... something real wrong with your business plan.




Your welcome.


And for some goofy reason you'll not disclose the company name. What's with that crap? Nothing illegal about calling a spade a spade.

 

[insuranceexec]

So... you paid $800 for marketing a product and you didn't research/study the viability of said product until you made a financial outlay?

And... you don't have a back up product? One product never, never, never fits all the situations you'll come across in any insurance market.

Nothing wrong with the company... something real wrong with your business plan.




Your welcome.


And for some goofy reason you'll not disclose the company name. What's with that crap? Nothing illegal about calling a spade a spade.

Give Scott time, he will come out of his shell.......LOL