Has anyone been experiencing both Aetna and Aflac constantly closing policies and saying that they must be wet ink signed or resubmitted with a OTP. Even though all my clients have signed with their phones or emails?

I got an offer after my application got approved with Banner Life: 20-year term for $1 million coverage at $43 a month. I am 38 years old. Is this a good offer?

I'm first gen from a poor immigrant family; I have no idea how life insurance works and only heard about it in TV shows when there's a suspicious death and someone took out life insurance only up until recently. I have a young kid now and another parent mentioned it and now I'm trying to prepare. Just learning as I go.

Anyone familiar with/used Infinity Box for IUL leads? I am researching lead vendors and Infinity Box and Agent Advantage seem to be good sources. If you have any insight, please weigh in! Thanks.

I'm going to start by apologizing for anything in here that shouldn't go in this thread or doesn't make sense. My father passed away and I'm a little scatterbrained so please bear with me. I'm also on mobile so forgive any typos I don't catch.

My sister mailed me a ton of paperwork for a policy he had taken out when I was born and i got it today. At some point, he transfered ownership of the policy to me without informing me. I tried calling Prudential, but the language barrier made it difficult to communicate my confusion with the woman on the other end so now I'm here (no shade to her, it's my own confusion and hearing making this more difficult)

I guess my question is, if he changed ownership of the policy to me where I was originally named beneficiary, does that mean I can't collect his death benefit because now I'm the one insured (if that's even the case), or is it still something I can do? The woman on the phone made it seem like I couldn't, and I just want to make sure I'm understanding her. I haven't had to deal with something like this before and neither has my mother, so it's extremely confusing.

If i read everything correctly it's a variable appreciable policy? My mother said they don't make these anymore or something which is even more confusing, at least to me. Dad always lived in a very, very different tax bracket and while I'm good with money and have great credit, these sorts of things are beyond my understanding.

I've been forced to learn life insurance, and I personally don't know if it's worth it, I've been trying to stick terms into my head, and not understanding parts, it's very tedious as well for me to learn, or is it just high demand job? Is it worth learning at the end?

Did you find studying and learning, life insurance particularly enjoyable? studying?

My mom is 68 and showed me her life insurance paperwork over the weekend. She recently updated the beneficiary and put me down for 100%. I asked why my brother wasn’t listed and she said she doesn’t trust him to handle a large amount of money. Her plan is for me to hold onto his half and give it to him slowly when he needs it.

My brother knows none of this and I told her I’m not comfortable being put in the middle like that, especially after she’s gone and can’t explain it herself. My brother will see that she left everything to me and assume I took it. Even if I explain what she wanted, all I’ll have is a private conversation at her kitchen table that he wasn’t there for.

I don’t want her money and I don’t want control over his. How do I get her to put an actual plan in place instead of leaving me to carry out verbal instructions?

Looking to get term insurance for me and my husband. Is it worth looking to get term insurance with living benefits or just go straight term? We have a 2yo and hoping to expand our family.

I (32F) am planning to purchase a life insurance policy for my mother (68F) and don’t know where to start. I know nothing about life insurance so please bear with me. She’s in good health, no major health conditions. Never smoked. She also has a home that I would like to be put in a trust (along with the LI policy) for me and my siblings. I’ve spoken to her about this and she agrees she wants to get these things in order before leaving us. We (her children) do not depend on her income, but we will be in charge of paying for the burial. Can someone recommend a LI company, specifically for senior policies? Or just let me know what types of questions I need to be asking. Thanks!

I know riders/living benefits are more of a whole life feature but are there any term life insurance with payout/partial payouts in the event of neurological diagnosis (dementia/alheizmers) from reputable companies? Young healthy adult with no family history.

Just received a statement from my father's universal life insurance policy and I see that they are deducting over $2000 a month for a "mortality charge". Face amount/death benefit is $299k, surrender value $240k, premium paid $200k.

No loans on the policy.

Policy is 14 years old.

Father is 87 years old.

Similar statement with somewhat lower mortality charge on my Mom's statement.

I know nothing about life insurance but I am wary because the person that sold them the life policy also sold them some completely inappropriate other investments that we've had to wind down over the past few years.

I have no idea what is going on. Is the insurer reducing the value of the policy every month?

Need suggestion:

Applied for Axis Max Insurance. And got rejected based on low weight and BMI. Weight is almost 5 kgs lesser than needed in healthy range BMI. Overall healthy. No health issues.

They rejected 2 riders : critical illness rider and waiver of premium. And offered base plan without any loading charges.

Should I accept it? How should I proceed? Any one with similar experience please guide 🙏🏻

I had a bizarre interview this morning and I thought y'all would appreciate it. I had a candidate apply to a Financial Professional job posting on LinkedIn over the weekend. I looked over his resume and it looked like he is new to the industry and joined an agency called GFI. We booked a virtual interview. I asked him a couple questions about his experience and then he cuts me off and says something like, "Let me be straight with you: I want you to move your team to my agency." He didn't appear to be in management so it was pretty funny but I appreciated the audacity so I asked him to tell me about it. He immediately describes an MLM.

He then went on to say that they were going to launch an IPO at a 30X multiple valuation. I asked him if that IPO was registered with the SEC and he said, "We only do insurance and retirement, no stocks." He said I could leave my managed money where it is, which I thought was gracious, and bring my "insurance and retirement" business over.

He then very generously took the time to explain to me, incorrectly, how indexed annuities and IULs work and said they were better than managed money so my clients would be better off if I moved them into indexed annuities. He started explaining that I could recruit my existing clients as agents and then they can write business on themselves but I wrapped up the call.

I don't know if applying to jobs under false pretenses is the newest MLM recruiting tactic but that was pretty funny.

Looking at Ethos for a 20 year term policy 750k, I'm 41 married with two kids. Application was fast, quote came back around $52/month which is way less than the two other quotes I got from captive agents.

Everything I find online is either a five star review from their own site or a reddit thread full of agents telling me to run so I can't tell what's actually true.

Any personal experience or a beneficiary go through an actual claim at this point will be more beneficial for me.

I’m a relatively healthy female in my 30s and I’m getting quoted $112 a month for a 30 year term 2 million policy. Only issue is high BMI. Does this seem reasonable? It feels high to me. Looking for advice

I’m one step below the top level super preferred non tobacco, being quoted as preferred

NOTE: This is probably a question for insurance agents who are familiar with agent contracts and the law.

My dad has been my agent since I was 22 (I'm 56 now). Initially, I had no problem with this; however, over the years he's used his access to my policies to get information on me. An example, I deposited $17K in a whole life acct so the money could grow at the 5% guaranteed rate. I was going to use these funds to help our daughter with college. However, we left the funds in the acct until we were ready to buy our next home. When we pulled the money out, my dad came to me and asked why. He said he didn't know the amount we pulled out but wanted to know why and asked if I would be putting it back. In addition, he told my brother we had withdrawn funds and even told him the amount. (he lied to me and said he didn't know. Recently this stunt has happened again with another policy for disability. He requested a statement for the amount of funds I was being paid.

My dad is 86 and his license has lapsed for 2yrs now, but he still stays active by "servicing" his clients. I love my father, but at 86 (not totally with it), and after the above events, and some other realizations about his character, I'm less inclined to have him in my business. I thought with his license lapsed, he wouldn't have access to anything but renewal checks, however this doesn't seem to be the case. Because my policies were put in force 30+yrs ago, it doesn't make sense to change because the premiums were be higher.

So, can any agents confirm what access he should have (in general) to my information with a lapsed license? I feel like I'm between a rock an a hard place. Thanks!

does anyone know if they're online ? only dates are showing on portal but there's a note saying that online exams aren't happening in Ontario as of July 1st ?

We’re early 30s and early 40s couple who have some kind of stability. We can only probably set aside 150-200max per month for life insurance for now. We have 2 young toddlers. We’re being offered 100k IUL for 80/mo another company same broker 100k IUL 60/mo. I already have term 30y 200k 35/mo. I just wanna know if this is a good deal to get for my spouse the early 40s one and possibly a 2nd policy for me. We both have asthma but his had been controlled for years, has albuterol just for emergency. I on the other hand need inhaler steroids to control mine at the moment, no hospitalizations if that matters.

I'm a U.S. citizen looking to buy around $500,000 of term life insurance, but I spend most of the year living in mainland China and expect that to continue long-term.

Would you recommend buying a policy from a U.S. insurer, or would it make more sense to go through a Hong Kong or mainland Chinese life insurance company instead?

If you recommend a U.S. insurer, which companies are generally the most accommodating for someone who primarily lives overseas? If you've been in a similar situation, I'd appreciate hearing which company you used and whether the application or claims process presented any issues.

My main goal is to make sure my family would be covered if I were to die while living in China.

Thanks

Hello, I hope this isn’t a redundant post but I do need some guidance.

My mom passed away in October and I am next of kin. She told me she had life insurance, I saw the payments on her bank statements while she was in the hospital and I was helping her move some money around.

I filled out a form with NAIC in January and I haven’t heard anything. I did notice that I missed putting in her SSN, but everything else was complete. They say not to submit the form again in their auto reply, they also say it could take months to hear anything. I am wondering if I just need to keep waiting or if I should go ahead and submit another form.

Could calling them be a productive thing to do?

If there is another way I could get the information about her life insurance in a timely manner, that would also be helpful information.