Guaranteed issue life insurance under 40

[mudhound]

Looking for a carrier that offers underage life plans to people in POOR health. I get a very sick person aged 5 or 25 or 37 from time to time.

I have had several companies that would take them, and they all finally get out of the market.

My guess is there is VERY little money to be made with this segment. I only run into this maybe once a month or maybe 3-5 times a year.

Most of these folks would be happy with 10K-25K in coverage!

Does or is there a carrier that I do not know of?

 

[goillini52]

Looking for a carrier that offers underage life plans to people in POOR health. I get a very sick person aged 5 or 25 or 37 from time to time.

I have had several companies that would take them, and they all finally get out of the market.

My guess is there is VERY little money to be made with this segment. I only run into this maybe once a month or maybe 3-5 times a year.

Most of these folks would be happy with 10K-25K in coverage!

Does or is there a carrier that I do not know of?

Sons of Norway ages 0-85 GI.

 

[mudhound]

Sons of Norway ages 0-85 GI.

Oh how i wish i had them in TN!!!!!!!

 

[goillini52]

Oh how i wish i had them in TN!!!!!!!

Senior Life also has GI for ages 0-85.....but it costs about twice as much, but if that's all there is available.....

5 year old female Senior life $31.30 a month...Sons of Norway is $18.15

 

[mudhound]

Senior Life also has GI for ages 0-85.....but it costs about twice as much, but if that's all there is available.....

5 year old female Senior life $31.30 a month...Sons of Norway is $18.15

I pondered them (Sr Life). But they lower the comp to nearly nothing. I think 0-40 pays 5 or 10%

 

[goillini52]

I pondered them (Sr Life). But they lower the comp to nearly nothing. I think 0-40 pays 5 or 10%

Damn. Son's pays 50%.

 

[shonceman]

Oh how i wish i had them in TN!!!!!!!

National Security Life is in TN. They’ll take a lot of those cases ROP, but I think only down to age 18. Still, better than what you’ve got now!

 

[rousemark]

National Security Life is in TN. They’ll take a lot of those cases ROP, but I think only down to age 18. Still, better than what you’ve got now!

Plus, Security National Life has the Security Care Plan in TN. Goes to age 0 on their graded plan.

 

[Baseball7]

I’d check insurance toolkits and make sure it doesn’t have to be guaranteed issue.

 

[Life Hawk]

My guess is there is VERY little money to be made with this segment. I only run into this maybe once a month or maybe 3-5 times a year.

Yes, not much money.

I run into them more and more often.

BTW, Son's went as earned. Which I actually enjoy that shift.