As for the insurance front, I'm working a few deals.
One is my local car dealership, I'm waiting right now for the final sign off on rates and conditions.
After an intital great quote, the group ended up with a less than great quote due to a high rate of smokers and people who should be in the hospitial. If it wasn't for the fact that guarantee issue is mandatory for groups of 2-50 we'd be in a further world of hurt.
So today I need them to sign one final (haahaha) piece of paper and we should receive the cards by Friday.
My other deal is in Idaho, same car dealership, due to the hatred of our local group I made this group fill out medical forms before I'd show them the quote or I promised to leave them where they are at. The most recent bill had about 20 people on the plan but when I did the medical there were more like 34 with 4 waivers of coverage. The insurer pays about $29 per month per employee in commission so it really doesn't matter how many families or kids it's all about the employees. In the end it's around 10%, health insurance commission is crap by the way.
So this morning I received more missing info they requested so far thank god, no med records. I faxed it to Idaho, who have great response time and I'm hoping to get the info by the end of the week.
Another deal is our local and little 2 man group with an HSA plan, they are looking at $5000 deduct. It's a pretty cheap plan at just under $200 per employee per month, 8% commission but in the end it's worth it.
I followed up this morning, left a message, I'm hoping to have it in place by 5/1/2008.
Last one is an individual plan for a lady and her daughters, the husbands group emp plan too expensive and she wants to pay a decent rate. She was rejected earlier this month by Aetna, they said she had a bad combo of meds, one anxiety and one for insomnia. So were with Assurant now and I their process takes a little longer I find. But so far, I quoted her a standard rate and the fingers are crossed, I'm looking at a health policy at $300-$400 per month with a 20% commission. It all adds up.
I received an email from them yesterday asking her to call so that they can followup with some questions. I'll follow up with her tomorrow.
I see nothing coming in past that, I've got to start selling personal lines, looks like. But with S joining and probably getting the same deal as me, good luck in getting some one on one time to get me setup with the systems I need to quote properly.
Tuesday, April 15, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment