Converting P&C Term Insurance

[WinoBlues]

I have converted several Allstate term policices to LBL ULs. Is anyone aware if we have access to any other P&C term conversions. Such as Farmer to Zurich, State Farm to ???

Thanks

Lee

 

[Marpol]

I have converted several Allstate term policices to LBL ULs. Is anyone aware if we have access to any other P&C term conversions. Such as Farmer to Zurich, State Farm to ???

Thanks

Lee

Lee,

Allstate used to sell life insurance under the Allstate name. After they bought LBL they pretty much stopped selling life insurance under the Allstate name. The only reason you can convert from Allstate to LBL is because LBL is Allstate. I do not know of any special arrangement with other companies like you are describing, although I suppose it is possible.

 

[WinoBlues]

Thanks.

Always looking for those conversions ;-) Allstate term and term riders have been very good to me.

My understanding is that Farmers New World Life is now owned by Zurich. I was hoping there was a way in that way.

Lee,

Allstate used to sell life insurance under the Allstate name. After they bought LBL they pretty much stopped selling life insurance under the Allstate name. The only reason you can convert from Allstate to LBL is because LBL is Allstate. I do not know of any special arrangement with other companies like you are describing, although I suppose it is possible.