by hummingbird » Wed Jan 16, 2008 02:49 pm
I keep getting these offers in the mail for this company. They offer different types of insurance. I would like to know if anyone has any experience with this company and what is their experience and opinion. I have gotten so many of them I am considering them.
Posted: Sun Feb 17, 2008 07:01 am Post Subject:
There's nothing wrong with going with a captive company or association as long as you know all your options. This will require quite a bit of homework or a 30 minute phone call with a knowledgeable agent.
Even though AARP is a marketing organization and has ties with UHC, NYL, Aetna, etc. that doesn't mean their policies are bad or overpriced. The AARP "brand" is stellar and I'll be adding their Medicare products to my portfolio shortly because their good and competitively priced by a top-notch insurance carrier.
Make sure you talk with 2-3 agents total and be honest about what you aim to achieve. Make sure you do talk with an independent and research him or her before making the decision.
Nothing aggravates me more than somebody lying to me simply to get information so they can buy with somebody else. That happened three times last year that I know of and it's very unprofessional and rude. Be prepared to have your application yanked if you do decide to submit multiple applications because most of the time it's a waste of time if you're dealing with somebody who knows their stuff.
One of the great things I LOVE about insurance is that the premiums are not negotiable. That takes about 80% of the stress away right there. with at least one of those being an independent who knows about ALL options.
I personally like to shoot for presenting 2-3 options with most of my clients and emphasize THE ONE I think is the best.
Hope this helps.
Posted: Sun Feb 17, 2008 02:34 pm Post Subject:
Often, AARP's policies (health for example) are about 20% more expensive than a similar policy you can get from a broker. In fact, in some cases, the policy actually covers less than the standard policy.
I'm assuming this is because the underwriting tends to be more liberal. When that happens, unhealthy people benefit and health people pay more.
And on an unrelated note...I just turned 50 a few weeks ago. And I actually got a letter from AARP telling me I was eligible for coverage. Wow...do I feel old now. Naturally, I refused the offer and told them to write back in 15 years when I'm good and ready!
Posted: Sun Feb 17, 2008 04:45 pm Post Subject:
Congratulations on reaching the big 50. Are you eligible for discounts now at Bob Evans? I look forward to the senior discounts personally, although I've never been the type to eat dinner before 6.
Posted: Sun Feb 17, 2008 07:19 pm Post Subject:
well look forward to getting the mailings often. I get one about every week.
Add your comment