American Home Life, Baltimore Life, American Amicable, AIG, Cica, Liberty Bankers, and MOO

[jdeasy]

Well, she learned that other agents are going to come behind and replace on price. She likely believes that her product can and does compete on value, specifically the value added through the Funeral Advantage product. She probably feels we replacement artists give the industry a bad name.


Whose side you're on will be a matter of in whose shoes you're standing.

She is a darn good salesperson for sure. I'm not of the opinion that she is giving the rest of us a black eye.

But there is no advantage to the FGCS

So she's lying to people. She may believe it's an advantage because she was told that by her upline. I was told the same thing. And I'm sure i told people it was too. But I quickly learned better.

 

[MedicareMutt]

Well, she learned that other agents are going to come behind and replace on price. She likely believes that her product can and does compete on value, specifically the value added through the Funeral Advantage product. She probably feels we replacement artists give the industry a bad name.


Whose side you're on will be a matter of in whose shoes you're standing.

She is a darn good salesperson for sure. I'm not of the opinion that she is giving the rest of us a black eye.

I did look closely at L.H. and other carrier in the F.E. market. The FACT is they are of low value to the consumer. There's a Ytube video with "Dana" (sales rep.) talking about how a M.O.O. plan had 3500 dollars more coverage for the same price. and how she talked her phone person out of trying to flip a person away from their M.O.O. plan into a L.H. plan using the "funeral advantage" ... it's clever marketing but it is deceptive.

 

[jdeasy]

I did look closely at L.H. and other carrier in the F.E. market. The FACT is they are of low value to the consumer. There's a Ytube video with "Dana" (sales rep.) talking about how a M.O.O. plan had 3500 dollars more coverage for the same price. and how she talked her phone person out of trying to flip a person away from their M.O.O. plan into a L.H. plan using the "funeral advantage" ... it's clever marketing but it is deceptive.

It's no value to the consumer.

 

[WinoBlues]

She probably feels we replacement artists give the industry a bad name.


Whose side you're on will be a matter of in whose shoes you're standing.

She is a darn good salesperson for sure. I'm not of the opinion that she is giving the rest of us a black eye.

 

[MedicareMutt]

She's knowingly selling people less coverage for their money only because L.H. provides leads and some goofy trips. These people will leave their beneficiary less instead of more because of her. The "guardians" is a marketing scam. An insured or their beneficiary can call 2 - 3 funeral homes in their area in advance to make sure they don't overpay. What am I missing?

 

[MedicareMutt]

It's no value to the consumer.

I was saying that L.H. offers coverage but taking into consideration the "Guardians" or not, people can get better coverage elsewhere for their money.

 

[jdeasy]

I was saying that L.H. offers coverage but taking into consideration the "Guardians" or not, people can get better coverage elsewhere for their money.

I agree.

 

[DayTimer]

What am I missing?

You are missing just how much you mistake your opinion for settled fact. How often have you used the Funeral Advantage product to plan and pay for the funeral services of a loved one?

If all things are equal, then the purchase of a whole life policy does come down to price. But things are not always equal. For example, I wrote policies on each of my three kids with Penn Mutual. I pay a premium that is nearly double what I could have wrote for them with the same initial death benefit with ... Penn Mutual, using the exact same product. Why would I pay double for the "same" benefit. Well, because the benefit isn't the same. Not even close.

Now, the difference between an FE policy with say, LBL and the same face amount with, let's say, Americo, are likely much more similar than is the situation I described above with my kid's policies. However, we do know that Americo is notorious for Plan F'ing the consumer over. If LBL does it, it is seems to be with far less frequency than Americo. Would it be better to place your client with LBL even if it was $10 a month more for the same amount? Or is price "all that matters?"

Things are rarely as equal as they might first appear.

You assume (and so do most agents here) that the LH Funeral Advantage plan is an outright scam and of $0 benefit to the consumer. But how do you know? How do we know?

I used to say the same stuff when I first found this forum. And if it were my own parents I'd to this day try to convince them that it is better to buy a $15K benefit with LBL or MOO for the same premium as they are going to be paying LH for $8K. But given how the FA product is positioned during the sale by well trained LH agents who likely believe with conviction in the value of their product, how are we to say that LH FE policies are "equal" to all others, and all else being equal, cheaper is "better?"

In the end, the best policy for the American consumer to have at time of death is the policy that's in force.

We are all doing good work.

 

[MedicareMutt]

You are missing just how much you mistake your opinion for settled fact. How often have you used the Funeral Advantage product to plan and pay for the funeral services of a loved one?

If all things are equal, then the purchase of a whole life policy does come down to price. But things are not always equal. For example, I wrote policies on each of my three kids with Penn Mutual. I pay a premium that is nearly double what I could have wrote for them with the same initial death benefit with ... Penn Mutual, using the exact same product. Why would I pay double for the "same" benefit. Well, because the benefit isn't the same. Not even close.

Now, the difference between an FE policy with say, LBL and the same face amount with, let's say, Americo, are likely much more similar than is the situation I described above with my kid's policies. However, we do know that Americo is notorious for Plan F'ing the consumer over. If LBL does it, it is seems to be with far less frequency than Americo. Would it be better to place your client with LBL even if it was $10 a month more for the same amount? Or is price "all that matters?"

Things are rarely as equal as they might first appear.

You assume (and so do most agents here) that the LH Funeral Advantage plan is an outright scam and of $0 benefit to the consumer. But how do you know? How do we know?

I used to say the same stuff when I first found this forum. And if it were my own parents I'd to this day try to convince them that it is better to buy a $15K benefit with LBL or MOO for the same premium as they are going to be paying LH for $8K. But given how the FA product is positioned during the sale by well trained LH agents who likely believe with conviction in the value of their product, how are we to say that LH FE policies are "equal" to all others, and all else being equal, cheaper is "better?"

In the end, the best policy for the American consumer to have at time of death is the policy that's in force.

We are all doing good work.

You sell L.H, ... you sell garbage. I could reread this comment a over a few times but trying to make sense of it gave me a headache ... Did you vote Kamala ..? "We are all doing good work ..." WTH do dat mean ..? Do you have a degree in babble..?

 

[jdeasy]

You are missing just how much you mistake your opinion for settled fact. How often have you used the Funeral Advantage product to plan and pay for the funeral services of a loved one?

If all things are equal, then the purchase of a whole life policy does come down to price. But things are not always equal. For example, I wrote policies on each of my three kids with Penn Mutual. I pay a premium that is nearly double what I could have wrote for them with the same initial death benefit with ... Penn Mutual, using the exact same product. Why would I pay double for the "same" benefit. Well, because the benefit isn't the same. Not even close.

Now, the difference between an FE policy with say, LBL and the same face amount with, let's say, Americo, are likely much more similar than is the situation I described above with my kid's policies. However, we do know that Americo is notorious for Plan F'ing the consumer over. If LBL does it, it is seems to be with far less frequency than Americo. Would it be better to place your client with LBL even if it was $10 a month more for the same amount? Or is price "all that matters?"

Things are rarely as equal as they might first appear.

You assume (and so do most agents here) that the LH Funeral Advantage plan is an outright scam and of $0 benefit to the consumer. But how do you know? How do we know?

I used to say the same stuff when I first found this forum. And if it were my own parents I'd to this day try to convince them that it is better to buy a $15K benefit with LBL or MOO for the same premium as they are going to be paying LH for $8K. But given how the FA product is positioned during the sale by well trained LH agents who likely believe with conviction in the value of their product, how are we to say that LH FE policies are "equal" to all others, and all else being equal, cheaper is "better?"

In the end, the best policy for the American consumer to have at time of death is the policy that's in force.

We are all doing good work.

I know because I did write LH.

I even went to the FCGS headquarters.

I even drank the kool aid.

Then I learned.