Best Life Insurance Blog

We recently got an approval on a life insurance case we’ve been working on since February 2011.  I’m quite proud of how hard we fought for this client and am certain he would not have coverage today if he had gone to 99% of the agents out there. Here are the details of the case.  [...]

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We recently got an approval on a life insurance case we’ve been working on since February 2011.  I’m quite proud of how hard we fought for this client and am certain he would not have coverage today if he had gone to 99% of the agents out there.

Here are the details of the case.  If you’re in a hurry, you can skip down to the bottom to read my client’s testimonial.  My client, whom we’ll call Bob, is a 64 year old male.  Back in February we first applied to Genworth, and expected to get a Preferred offer back.  At the time, our only concerns were his build (6’1, 230 lbs), and his use of a Citalpram, which is a mood stabilizer.

Offered Substandard Rating from Genworth

Genworth came back with a Table 2 offer, which tripled the premiums I had quoted Bob.  The price was astronomical (over 0 per month).  The reason he was approved at substandard ratings was an elevated kidney functions ratio at 1.4 and a1c slightly elevated at 6.2.  The a1c indicated he perhaps has diabetes or is pre-diabetic.  Given all these factors, Genworth could not offer at Preferred, which we originally had hoped for.

Shopping for a Better Rate

One of the nice things about working with Huntley Wealth Insurance is we never, never, never give up.  We work with dozens of companies, and in most cases, we can find one company who will make a better offer in a case like this.  I put the case out to bid for a trial offer (see “trial offer” definition here).

In my trial offer letter, I explained the details of the case, included all pertinent medical findings, and argued that Bob’s elevated a1c must be discounted given his normal blood glucose reading of 72, and argued he had never been diagnosed with diabetes, despite regular checkups with is primary care doctor and annual labwork.

We also explained that his use of Citalpram was used as a mood stabilizer, and that he had never been hospitalized, had any suicide attempts, or missed any work due to his mental condition.  Last, we pointed out that his build was largely due to muscle, and pulled measurements from his medical exam, and cited his chest was 50″ compared to his waist of 41″.  We hoped a carrier would offer Standard or better.

Persistency and Determination Pay Off!!

I was shocked though, when Banner Life Insurance, (now Legal & General) offered tentatively at Preferred non tobacco, the same offer we had originally applied for to Genworth!!!

Long story short, Banner stuck to their trial offer and the policy is now in force!  Here’s the client’s testimonial:

I appreciate all the help that Christopher Huntley gave me in getting a life insurance policy. It seemed there were many hurdles but he stuck with me and got me through all of them when others would not. I would recommend him highly to anyone looking for the best insurance available. I feel confident that he will be there for me should I have any questions or encounter any problems.  – Bob P., Sacramento, CA
If you have had difficulty getting approved for life insurance, or have been rated below preferred rates, give us a call.  In Bob’s case, we saved him over 0 per month by finding him this rate through Banner Life.  Give us the chance to help you too.  877-443-9467

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