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There was a time when I would have sold the MoO but not now.
I refuse to sell anything MoO today.
I don't write their med sups either.
Their shell game was a deal killer.
But MoO's a BRAND NAME company!!!
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There was a time when I would have sold the MoO but not now.
I refuse to sell anything MoO today.
I don't write their med sups either.
Their shell game was a deal killer.
Define this shell game you speak of. If you do the "opt out" they will not market to your clients.
He's referring to Med Supps. MOFO started with the Mutual of Omaha name and low rates. When they started raising the rates and were no longer competitive, they closed that book of business. Then they rolled out United of Omaha with low rates. When the rates went up and they were no longer competitive, they closed that book of business. Then they rolled out United World with low rates. When the rates raised and they were no longer competitive, they closed that book of business. Then they rolled out Omaha Insurance Company.
That's the MOFO "shell game".
The unfortunate people that couldn't qualify to switch to a different company are stuck in those closed blocks of business and the rates are 2-3 times as much as they could get it elsewhere if they could move to another company. That's why many agents want nothing to do with MOFO.
That "Plan N" was a real doozy!![]()