You want at least two that compliment each other.
For instance: 5-Star Life and TransAmerica Life. Where one is weak the other is strong. Where the other is strong the other is weak.
Cancer– TransAmerica is usually bad with a 4-year lookback for preferred. 5-Star (like most companies) is a 2-year lookback for preferred.
Very Obese– 5-Star has a liberal ht-wt chart but if they are off the scales TransAmerica has no weight requirement at all.
Insulin Dependent Diabetics– TransAmerica is a poor choice for those Standard at best or possibly graded. 5- Star gives them preferred as long as no insulin before age 40 and no complications.
Mental illness– 5-Star is a bad choice there since even mild depression gets them graded. TransAmerica will take Bi-polar and all serious mental disorders at preferred as long as they are age 50 or older.
People age 0-49 – 5-Star is no good. TransAmerica is good.
Cases where they need to pay with government check cards– TransAmerica won’t take them. 5-Star will.
Smokeless Tobbacco users– TransAmerica will rate them as a smoker. 5-Star will rate them as a non-smoker.
COPD but no oxygen– 1st day coverage with TransAmerica Standard. Graded only with 5-Star
Occasional Oxygen use but no COPD– May get preferred or at least graded with 5-Star. No go with TransAmerica.
Cases where you want a POS interview to KNOW you have a deal at the point of sale– TransAmerica is no help with these. 5-Star is excellent here.
And on and on…
Get at least two companies where you have most bases covered. Don’t get two that are just alike. And no one company will ever do UNLESS you don’t care how bad you are treating your clients.
At FexContracting we are the BEST at helping you select the right companies for your state. We KNOW Final Expense and have lived and breathed it for many years. We want to help YOU succeed and earn a great living.
Contract with us today and join our team.
