- Thread starter
- #11
- 287
Americo. Dont they have good smokers rates??
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Newby what is your website?
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Newby what is your website?
Reduced Comp with Americo
- Thread starter dcd3funeral
- Start date
- 6,134
Assurity Life has great smoker rates.
- 20,003
Americo has very good smoker rates. And they are priced well for the age 50-60 folks.
Americo's real niche is non tobacco for cigar and pipe smokers and chewers. Settlers is also non tobacco for chewers but far more difficult to work with than Americo.
With no upline support you are simply getting hosed on your Americo conttract.
- 17,243
Lafayette, Settlers and 5-Star for the most part. Depends on their other health problems though.
- 2,452
I find 5 Star's smoking rates to be on the high side. Aetna/ACI has decent smoking rates, less than 5 Star but a little higher than Americo.
That said, I would rather write anyone but Americo. They are a pain to deal with on about a 4th of the cases you submit (they rate them up after the fact for no explanation to modified which is a deal killer). Plus, personal preference I know but who wants to write a carrier, leave, and not know whether or not it will be approved as applied? I have our agents write only carriers that will allow for POS approvals, unless their situation demands a certain carrier (like Monumental for COPD level coverage etc).
At 100% they are bending him over for sure, another reason to walk away from them.
- 189
how long does it take to get the deposit?
I thought Americo was going to be a pain when I first submitted an ap. Since the first app issues, it has been smooth sailing with the company. They aren't perfect, but its worth it to know that all of my business has been issued as applied and fairly efficient. The communication with home office has been great. I have had better, but have had far far worse companies. 5star isn't even in the same league.
If your getting paid only 100 points without lead credits, you need to move to another IMO. You should easily get 115-120.
If your getting paid only 100 points without lead credits, you need to move to another IMO. You should easily get 115-120.
- 26,973
Keeping your pipeline full gets you paid regularly. Even if your cases take a month to issue.
- 3,165
Americo reduces comp a little for ppl 75-80 & reduces it a lot more for ppl 80-85. They are one of the few who reduce it before 80, SNL reduces it at 70 and more at 80 too. But the best (best comp that is) carrier to use for ppl over 80 is: Monu (no reduction) & Oxford I believe.
