I have been working on a life insurance sales case with one of my friends since July. I run some illustrations, which is something like a quotation. I held a zoom meeting with her a couple of times until she decided to purchase one. Then we filled an application form and sent it online on August 10th. The company held a medical interview over the phone. The medical team staff could not make it on the first appointment day, and she re-scheduled to another day.
This insurance company has their unique and not-nice rule called “save age rule.” They add 6 months from the birthday, so that if a client is 59 years and 6 months old, their system automatically creates an illustration for the client as of the age 60. Would you like such system? For me, of course no. I don’t like their system. Luckily for this case, since the application date was one month before their system adds 6 months to her birthday, they decided to issue a policy with the younger age.
three wisdom 