Simplified Issue - SOS - Today Pls.

tex · 09-28-2009, 12:56 PM

I have a client that doesn't want to deal with para-med however
They are interested in 100, 150, 200k quotes for 30 year guaranteed.

I've known this person most my life and I know she is generally
Healthy - that is why I am giving her quotes for the above including
Rates from Western Reserve with the para med.

She is: 5'5" 135 lbs
zip: 78605
dob: 07-05-64
smoker: Y

* The main reason I believe she doesn't want the para-med is the possibility of THC. But if that is true, I'm sure the MIB already have this on file since she is 45 years old.

* Can I please get some suggestions for Simple Issue ?

I want to do right by her by allowing her to see a few options for both simple issue and para-med.Thanks

dgoldenz · 09-28-2009, 01:05 PM

If she's a "smoker", she will have to answer that question on a simplified-issue policy anyway. Better to be up front and pre-screen with the companies instead of putting in an app and hoping they don't notice.

tex · 09-28-2009, 01:15 PM

Well that is exactly what I am attempting to do, but you didn't offer any direction or options as I had requested.

In other words, I already knew what you offered or I wouldn't have asked the question. So what really is the point of your post ?

WinoBlues · 09-28-2009, 01:28 PM

Originally Posted by tex

I have a client that doesn't want to deal with para-med however
they are interested in 100, 150, 200k quotes for 30 year guaranteed.

I've known this person most my life and I know she is generally
healthy - that is why I am giving her quotes for the above including
rates from Western Reserve with the para med.

She is: 5'5" 135 lbs
zip: 78605
dob: 07-05-64
smoker: Y

* The main reason I believe she doesn't want the para-med is the possibility of THC. But if that is true, I'm sure the MIB already have this on file since she is 45 years old.

* Can I please get some suggestions for Simple Issue ?

I want to do right by her by allowing her to see a few options for both simple issue and para-med.Thanks

Which State?

I am doing the same currently with a nephew that balked at the exam of our first app. After a heart to heart found out about the herb. Call me paranoid, but, I do not want the MJ answer in the MIB or some Ins Companies file. Big Brother.

TEXAS PITBULL · 09-28-2009, 01:33 PM

Assurity

100K 68/month
150K 99/month
200K 130/month

jdeasy · 09-28-2009, 01:34 PM

Originally Posted by tex

I have a client that doesn't want to deal with para-med however
they are interested in 100, 150, 200k quotes for 30 year guaranteed.

I've known this person most my life and I know she is generally
healthy - that is why I am giving her quotes for the above including
rates from Western Reserve with the para med.

She is: 5'5" 135 lbs
zip: 78605
dob: 07-05-64
smoker: Y

* The main reason I believe she doesn't want the para-med is the possibility of THC. But if that is true, I'm sure the MIB already have this on file since she is 45 years old.

* Can I please get some suggestions for Simple Issue ?

I want to do right by her by allowing her to see a few options for both simple issue and para-med.Thanks

Check with Foresters. They will do non med to $200,000 and they don't care about the pot. You can even disclose it on the app.

tex · 09-28-2009, 04:06 PM

Oh yes, Texas is the State - but you some of you may have guessed that from my surname.
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I like the Foresters and Assurity suggestions.

Thank you both.

WinoBlues · 09-28-2009, 04:39 PM

Originally Posted by tex

Oh yes, Texas is the State - but you some of you may have guessed that from my surname.
- - - - - - - - - - - - - - - - - -
I like the Foresters and Assurity suggestions.

Thank you both.

I am in Central California. Growing up every other guy with a drawl was Tex.

United Home Life is another option. Does not ask the question. # 10d is the only one that might relate ""

d.

In the past 10 years have you been convicted of a felony; or in the past 5 years have you been treated for,
Been advised to have treatment for or excessively used alcohol or any drugs of abuse, or have you been
Convicted of operating a vehicle while intoxicated, or had your drivers license suspended or revoked? (If yes to
Driving questions, provide Drivers License Number ""

Don't ask Don't tell.

Lee

dgoldenz · 09-28-2009, 04:54 PM

Originally Posted by tex

Well that is exactly what I am attempting to do, but you didn't offer any direction or options as I had requested.

In other words, I already knew what you offered or I wouldn't have asked the question. So what really is the point of your post ?

Is she opposed to taking the exam itself, or just doesn't want to disclose the info? Depending on the level of usage, there are some companies that may give her a standard or Table 2 rate (Lincoln Benefit comes to mind) if she is up-front about it on the application and there is a good cover letter. That will be cheaper than a non-med company and have a much better conversion option....likely a much better financial rating as well.
- - - - - - - - - - - - - - - - - -

Originally Posted by WinoBlues

I am in Central California. Growing up every other guy with a drawl was Tex.

United Home Life is another option. Does not ask the question. # 10d is the only one that might relate ""In the past 10 years have you been convicted of a felony; or in the past 5 years have you been treated for,
been advised to have treatment for or excessively used alcohol or any drugs of abuse, or have you been
Convicted of operating a vehicle while intoxicated, or had your drivers license suspended or revoked? (If yes to
Driving questions, provide Drivers License Number ""

Don't ask Don't tell.

Lee

That wording, depending on how it is read, could be taken either as "excessively used any drugs of abuse" or more simply "used any drugs of abuse OR excessively used alcohol". That one could come back to bite her if she answers "No"

Franz Kafka · 09-28-2009, 05:23 PM

Originally Posted by tex

* The main reason I believe she doesn't want the para-med is the possibility of THC. But if that is true, I'm sure the MIB already have this on file since she is 45 years old.

Whatever gave you that idea??

The Hopp · 09-28-2009, 06:47 PM

Assurity and Fidelity will go up to those dollar amounts. RBC also has instant approvals up to those dollar amounts but the price is higher.

WinoBlues · 09-28-2009, 07:04 PM

Originally Posted by dgoldenz

Is she opposed to taking the exam itself, or just doesn't want to disclose the info? Depending on the level of usage, there are some companies that may give her a standard or Table 2 rate (Lincoln Benefit comes to mind) if she is up-front about it on the application and there is a good cover letter. That will be cheaper than a non-med company and have a much better conversion option....likely a much better financial rating as well.
- - - - - - - - - - - - - - - - - -

That wording, depending on how it is read, could be taken either as "excessively used any drugs of abuse" or more simply "used any drugs of abuse OR excessively used alcohol". That one could come back to bite her if she answers "No"

You are correct. I stand corrected.
Thanks,

Lee

jdeasy · 09-28-2009, 07:11 PM

Originally Posted by The Hopp

Assurity and Fidelity will go up to those dollar amounts. RBC also has instant approvals up to those dollar amounts but the price is higher.

The pot smoking would be an issue with those companies.

tex · 09-29-2009, 01:23 PM

Originally Posted by Franz Kafka

Whatever gave you that idea??

The client stating she smoked gave me that idea.

But you got a credit for 1 more post - so there you go.

A freebie just for you...

WinoBlues · 09-29-2009, 01:52 PM

Originally Posted by Franz Kafka

Whatever gave you that idea??

It wouldn't have been in the MIB unless it had been admitted on an App.

Thanks for the free post,

Lee

Markingriffin · 09-29-2009, 09:17 PM

Question, did the client inhale the pot smoke???

LOLz

That work for Pres Clinton LOL j/k

tex · 10-29-2009, 04:09 PM

Originally Posted by The Hopp

Assurity and Fidelity will go up to those dollar amounts. RBC also has instant approvals up to those dollar amounts but the price is higher.

Fidelity has a 250 minimum for simplified issue term life.

oklahomaguy · 10-29-2009, 05:37 PM

You may want to check out EMC National Life for these situations. The have a product Instant Issue Term that is totally electronic with no phone interview or exams. Approve or denies on the spot and can print policy for client before they leave your office. It also has renewals. Let me know if you want more information.