Help with Nsf Customer

[TPAAgent]

I learned the hard way that it's best to get it the day they get paid. The money is the account at midnight of their draft date. If you make it the same day then the company gets paid before they can get to the bank when it opens and take it out.

That's great for the 1st and 3rd of the month beneficiairies. The problem still exists for the Wed. deposits. Say for the 3rd Wed. The latest it can be is the 21st so that's what I use but they can get it as early as the 15th if the 1st of the month is on a Thurs.

6 days between the draft and the deposit is too long.

Some companies now allow us to set the "1st Wed, 2nd Wed, etc.".

I wish more would follow suit.

Really? Mind if I ask whom? - Didnt know any of them allowed that- That could really be a big time plus in certain cases...

 

[jdeasy]

Really? Mind if I ask whom? - Didnt know any of them allowed that- That could really be a big time plus in certain cases...

First one I can think of is AmAm. I got an email recently from a company that said they were going to start that, I think it was 5 Star but I'm not sure on that.

None of the companies that I write regularly allow that. Maybe someone else can be more help on this.

 

[Newby]

First one I can think of is AmAm. I got an email recently from a company that said they were going to start that, I think it was 5 Star but I'm not sure on that.

None of the companies that I write regularly allow that. Maybe someone else can be more help on this.

Yes 5-Star had in a recent newsletter that should have that feature rolled out in the next two months.

 

[AgentPitstop]

NSF (non sufficient funds) is an issue when selling final expense. CSI Life has addressed this in their new final expense plan. They allow for draft dates on the 1st & 3rd day of the month or 2nd, 3rd or 4th Wednesday of each month or any day 1st-31st.....Basically they will accommodate. We have attached a link to EFT form as visual evidence, Please feel free to take a look. Hope this helps and feel free to pick our brain anytime.

https://agentpitstop.com/ElectronicPaymentAuthorization.pdf

 

[Agentguy5]

NSF (non sufficient funds) is an issue when selling final expense. CSI Life has addressed this in their new final expense plan. They allow for draft dates on the 1st & 3rd day of the month or 2nd, 3rd or 4th Wednesday of each month or any day 1st-31st.....Basically they will accommodate. We have attached a link to EFT form as visual evidence, Please feel free to take a look. Hope this helps and feel free to pick our brain anytime.

https://agentpitstop.com/ElectronicPaymentAuthorization.pdf

Does CSI life have a competitve simplified issue FE product?

 

[AgentPitstop]

Yes CSI Life has a simplify issue product. Attached is link that goes to the rates which are very competitive. Its a great product backed by Berkshire Hathaway.


https://agentpitstop.com/sites/default/files/company-files//CSILBR2%201-13.pdf

 

[jdeasy]

Yes CSI Life has a simplify issue product. Attached is link that goes to the rates which are very competitive. Its a great product backed by Berkshire Hathaway.


https://agentpitstop.com/sites/default/files/CSILBR2 1-13.pdf

Those rates are more than 20% higher than RNA. What the hell is competitive about that? Might as well sell LH.

 

[rousemark]

Those rates are more than 20% higher than RNA. What the hell is competitive about that? Might as well sell LH.

Settlers Silver is less than CSI "Preferred"..Competitive?

 

[GreenSky]

Those rates are more than 20% higher than RNA. What the hell is competitive about that? Might as well sell LH.

As you know, I don't write FE but wanted to take a look at the rates.

For a 65 yr old n/s woman, RNA is $40.91. With CSI I get $41.80.

What did I do wrong? I don't see a 20% difference rather 91 cents.

Rick

 

[gordon112]

First off , what company is CSI? Yes, I would like to take a look at the rates as well.