It is obvious that this company does not actually underwrite their applications and publish misleading rates. Sure, they do just enough to comply with most states' insurance departments. Their decision to issue seems to be based on a recorded phone conversation with one of their company clerical employess and there is no possibility of having a meaningful diaglogue. They do not gather enough meaningful information. Their offer to insure for only one dollar for the first month should be a red flag against them. Also, their issue rates for a normal risk exceeds by more than four times those of competing carriers.
One should know that there is normally no "guarantee issue" and the process of Globe Live proves that. Anyone applying through them should really think aobut what they get for their money and, first, investigate other companies writing in their respective state. There is no value in the policy form of Globe Life and Accident.
0 comments