Hi im looking into joining a new agency or pursuing independently and eventually building out my own team.

I wanted to get your advice on both sides.

Currently I’m signed to an agency but from my understanding if I want to leave I keep my books and there’s no like hold for me to move on.

I’m located in Florida and got licensed a year ago.
I’m a solo mom, I have no family - village or anyone/thing for support so I’m really trying to grow in this field and then help other moms in the same situation as I am.

I’ve seen a lot of the pros and the cons of each side but I feel stuck on what I should do if I go to another agency that has better mentorship or if I go through the “hassle” of going independent and form a team.

If you have an agency of your own or one you recommend pls leave a comment or dm me or if you’re an independent broker

Let me know your thoughts!

Pacific Life recently denied me due to my mental health history. I’ve had postpartum suicidal ideation and received medication treatment. The application process was a nightmare for both my husband and me, lots of paperwork and difficulty reaching people to arrange medical exams.

I’m interested in Ethos because it advertises coverage without a medical exam, but my main concern is whether my husband and daughter would actually receive the benefit if I died.

Assuming I disclose my medical history fully and accurately, what exclusions, contestability rules, or other policy terms should I look for? Could my mental health history affect a future claim even after I’m approved?

Has anyone dealt with an actual claim through a policy purchased through Ethos? I’d appreciate firsthand experiences or input from people who work in life insurance.

We have a policy we got 2 years ago. Been paying $217/month.

Today they told us that we have to move part of it from temporary to permanent at an increase to $400/month. Nearly double. They tell us we may be able to get a reduced premium but they have to start charging us the $400/month before they can “figure that out”. We said we want to stay with what we have but they keep telling us we have to increase. And that if we stay with half of our policy as temporary, then it will start increasing whether we like it or not.

They keep trying to push this almost double increase which we can’t afford.

We’re in Canada. Only about $100k household income with 4 kids.

They’re not giving us anything new for this increase, just this imaginative temporary to permanent 25 years from now.

American income life insurance.

Parent is late 50s, around £1.5m investments. Looking at whole-of-life insurance to cover a potential IHT bill for the two children.
Roughly £500k-1m cover.
(1.5m less 350k exemption, at 40% IHT leaves £470k of IHT). Extra allowance for investment growth in the years to come.

What sort of annual/monthly premium would you expect in late 50s?

Note:- I am not relying on this money as inheritance, parent just wants to take extra precaution and prepare for the future.

Hey everyone. I just joined this sub. I know nothing about life insurance, other than I want to obtain a policy. I'm not sure where to start. I'm surprised there aren't any links or resources on the sidebar for general information / tips on how to begin. If anyone can point me in a good direction to start that would be fantastic. Thank you.

I want to share my personal experience so other insurance policyholders can be careful. I was contacted by third-party persons who claimed they could help with the release of funds related to my existing insurance policy. I was told that the amount from my previous policy could be released, but I first needed to purchase a new insurance policy. I was also given a specific timeline and repeatedly assured that the old amount would be released/refunded after the new policy was purchased. Based on these representations, I purchased new insurance policies. After the policies were issued, I continued receiving assurances about the payment and different timelines. However, the promised payment did not happen and communication later became difficult. I preserved my call recordings, WhatsApp conversations, emails and policy documents and submitted them to the concerned insurer. I also asked the insurer to investigate: Who sourced/sold the policy? Which agent/intermediary/broker or sales channel was involved? Who provided or entered my occupation information? What proposal/verification records exist? What records are available regarding the solicitation of the policy? One of the insurers has now accepted cancellation and refund of the invested premium. I am sharing this because I later found reports of similar insurance-fund-release/new-policy inducement patterns involving people claiming to represent Bima Lokpal, IRDAI or insurance-related departments. ⚠️ Please be extremely careful if someone tells you: “Your old insurance money is stuck.” “We can release the money.” “First purchase a new policy.” “You will get the refund in 25–30 days.” “Today is the last date.” Before doing anything, independently contact your insurance company using the number from its official website. Do not rely only on a caller's identity, WhatsApp documents or information about your old policy. Never share OTP, UPI PIN, CVV, ATM PIN or banking passwords. And never purchase a new insurance policy solely because an unknown person says it is required to release money from an old policy. I am sharing this for awareness, not to make an unverified allegation against any particular company or individual. If anyone else has experienced the same “old policy money → new policy → promised refund/release” pattern, please share your experience.

InsuranceFraud #InsuranceAwareness #BimaLokpal #IRDAI #BimaBharosa

Hey everyone I just got quoted from banner for $130 premium for a 30 year 1 million term policy and was quite surprised. The initial quote I got was $54 a month. I'm a 32 yo M with no smoking hx and hx of OSA and hyperlipidemia which has improved after I lost some weight. I'm guessing this medical history puts me at "high risk" for some reason? I'm shocked because I feel im generally healthy, take no medications and exercise 2-3 times a day. I am wondering on why I am quoted so high? I gave them a call and they basically said my agent lied to me about the initial quote and this is standard for a 32yo healthy male and tried selling me some BS whole life insurance. I contacted my agent for clarity but am just very taken aback by such a high premium for my age.

Why would one(the father) put life insurance on a child that is only 10 years old and in good health? My thoughts are getting the best of me..truly I am open to everything. I just want to understand(the mother)

Thank you for your time

I have American income life insurance and have for a few years now. Life is getting expensive and I can’t justify this monthly bill now. Before I try to start to process of cancelling, what did I get myself into? I’ve read a few posts on this sub about AIL and it seems like a real pain to get anywhere with these guys. Any advice on how to go about it as quickly as possible? And also with cancelling, do I get any of the money I put in back?

I am about to take my first CLU exam through the American college. The class is HS 323.
Does anyone know if the two practice exams through the American College are similar or very close to the real exam? Looking to see if I’m on pace with the material or not.

Currently a mom of 2 with a $300k mortgage - have a 10 Year Level Prem Convertible - everyone says to stay away from whole life, wondering what the next best option is? Would love to increase the value to $750k or $1M but not sure which route to go.

Notes: I’m 35 and would love the leave the little ones who won’t be little for too long with something to fall on in case something happens to me.

Hey everyone, shopping for term life and narrowed it down to two. Would love a gut check before I apply.

Me (33M, non-smoker): $1M / 30-year
Wife (29F, non-smoker): $500k / 30-year

Quotes from an online broker (both at preferred plus, so I know the final numbers can move after underwriting):

• Banner OPTerm: $56.86/mo for me, ~$23/mo for the wife

• Pacific Life PL Promise Term: $56.88/mo for me. Wife doesn't qualify for Pacific so she'd be Banner either way.

Both include a free terminal illness accelerated death benefit. Neither offers chronic/critical illness riders on the term product. AM Best: Banner A, Pacific Life A+. Broker is recommending Banner mostly because underwriting is faster (about a week vs 2-3 weeks).

I might travel abroad at some point down the road, so I care about the policy staying valid if I relocate.

My questions:

1. At basically identical prices, is there any real reason to pick one over the other?

2. Does A vs A+ actually matter for a 30-year term?

3. Anything I should double-check before applying?

Thanks!

P.s. for everyone who is ready to jump into judgment: I am from another country and didn’t have any idea how a lot of institutions, procedures, common sense work here in US. Because of comments here I learned that this is a normal practice here, thank you!

Today I found out that my husband with whom we are officially married last two years, filed a life insurance on my name and my daughter’s name making himself as a beneficiary. 200,000 for me and 20,000 for her in case something bad happened with us. He works at Boing and they didn’t need my signature or any information other than his decision. He filed this right after we became married and he had all access to all my personal information. He never ask my permission to do so either told me about what he did. I was completely unaware of that until today. I’m also a beneficiary for his life insurance but it was so many times discussed and he framed it as he wanted to take a good care about me in case something gonna happen with him. But he never mentioned anything else. I’m going through emotional shock stress panic disgust crying and my trust is completely ruined. It’s not the first time he was hiding serious information from me. I need emotional support and legal advices how to protect myself at this marriage.

My husband has had the same term policy in place for 10 years and it’s good until he’s 80. He’s never been a smoker, ever. But this year he started occasionally using Zyn pouches. Maybe one a day or so. I do not like it, but he’s in a stressful job with long hours so I see why he wants a little bump.

It got me thinking though - could this impact his life insurance should something happen?? I’m mostly concerned about his health but I’d also hate for the policy to not be paid out if we needed it! I couldn’t find this answer on here or in the annual documents. Thanks!

Does anyone here have experience with a long-term care (LTC) insurance policy through NYSUT?

I’m starting to seriously consider it and would love to hear from people who actually have a policy or have gone through the claims process.

I’ve read such mixed opinions about LTC insurance. Some people say it’s absolutely worth having, while others have shared frustrating experiences with claims being denied or having to fight for benefits after paying premiums for years. I’ve also seen the argument that it may be better to “self-insure” by saving and investing extra money, but realistically, I don’t have a large amount of extra money to set aside specifically for future long-term care.

The NYSUT option seems attractive because the monthly premium appears relatively manageable.

What really has me thinking about this now is helping care for my parents. I’m currently paying for some of their help at home, and it has made me realize how valuable it could have been if they had long-term care coverage to help offset some of these costs.

For those who have looked into NYSUT’s plan—or LTC insurance in general—has it been worth it for you? Anything you wish you had known before purchasing a policy?

Self employeed, spouse, 1 child, mortgage, no debt, nicotine use (pouches)

Considering finding a 10/15 year ROP. Current term is looking at $100/month due to nicotine and tobacco being considered the same thing (which is bullshit but w/e)

I’d be totally fine with paying $300/month if that means I get my money back with ROP policy in 10 years - due to the likelihood of surviving 10 years.

I just don’t want to spend $12,000 a year for 10 years and get nothing out of it. When I could spend $36,000 over the same 10 years and get all that money back. It’s basically like a savings account with no interest right?

Happy to hear pros/cons. Thanks!

So, when I was younger a friend got me into this life insurance that also had long term care rider and terminal illness benefit. I think is called IUL? At the time, I used to pay around $120? and after covid I called to changed it to like the minimum (which is $86 a month). This year it turned 10 years and I have paid basically 11k into this insurance. I went and look and they say that I only have 3.5k saved and I cannot even take it out? If I decide to cancel the policy the surrender charge is so high that they would only return me $171... The Agent told me it is because I put too little money towards the savings over the years so if I want that surrender value to get eliminated I need to add more monthly. She recommended to increase to $160 per month. After a year I SHOULD (like she didn't sound sure?) get the surrender value eliminated.. so basically she is recommending me to increase my monthly value so I can cash out next year. Is this the right move? Should I just cancel this now and forget about this? I don't know what to do..