Disability Insurance

[Loving Life]

I have a high wage earner insistent upon getting LT Disability Insurance, although he already has a sizeable ABR. I have not previously sold LTD and am wondering which carrier has the best product. Looking at MOO and Assurity. Any feedback is welcomed. TIA

 

[Tahoe Ray]

I have a high wage earner insistent upon getting LT Disability Insurance, although he already has a sizeable ABR. I have not previously sold LTD and am wondering which carrier has the best product. Looking at MOO and Assurity. Any feedback is welcomed. TIA

ABR will be worthless for the majority of what you can claim on a disability policy.

MoO doesn't offer disability insurance anymore and unless he's a blue collar worker, Assurity won't be appropriate either.

White collar professional: Guardian, Mass, Ameritas, Standard, or Principal.

Depends largely on his occupation as to which one would be best.

 

[WinoBlues]

I have a high wage earner insistent upon getting LT Disability Insurance, although he already has a sizeable ABR. I have not previously sold LTD and am wondering which carrier has the best product. Looking at MOO and Assurity. Any feedback is welcomed. TIA

Suggestion: find a good DI agent or IMO and do a split. Your client get the benefit of an expert and you get a real life tutorial while getting paid.

50% of something beats 100% of nothing all day long.

@Tahoe Ray would be my first call personally.

 

[ehall2]

I would get an agent that sells a lot of disability and work with them. There are more variables with disability insurance than other health products. I was a health pro with New York Life. Whoopee. You had to generate $10,000 in disability commissions in a 6 month period to be a health pro. I got a toll free number to underwriting and expanded non medical limits. Wasn't that great? I also was approved to teach the LUTC disability course. One of the main things to look at with disability is the definition of disability. It can vary with companies. Some companies will consider you being disabled if you can't do the duties of your regular occupation for a certain number of years and then it will be any occupation you can do due to education or abilities. With professional occupations you want what is called, "own occupation", for life or age 65.