Posted by Ex-RVP on March 18, 2004 at 17:12:56:
In Reply to: Re: Re: Re: Re: Re: Re: Re: Re: Re: Deceptive Practices? posted by Mighty Mouse on March 18, 2004 at 10:12:27:
Mighty Mouse:
Thanks for confirming that. I know I was told the guarantee was only 20 years but I didn't get a chance to look it up myself.
: : : I am not saying you are wrong and I will admit I left your company before the 30 year product was introduced. However, I know that up until that product was released the longest guarantee you could get from PFS was 20 years and we fought tooth and nail to get that. Even the 25 year Custom Term product was only guaranteed for 20 years although many PFS reps did not realize this. When I left PFS (and I do not knock the company) for what I feel was a better opportunity for myself as an independent agent I left behind many friends. When your 30 yr product was released I specifically asked if it had a 30 yr guarantee and was told.....no. I've never seen a policy myself so I cannot say that this is true. But I can say that I was told it only had a 20 yr guarantee. Maybe my info was wrong or maybe the product was enhanced after the intial rollout. But maybe you should double check yourself just to be safe. Just a suggestion.
: : I do believe it's guaranteed for 30 yrs now-- I've heard this from 2 sources (maybe this is a new development) but I will double-check. Thanks :)
: Check on page 16 of the Primerica rate book. Only guaranteed level for 20 years.
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