The CBL Golden Protector - One of The Worst (In My Opinion) Final Expense Products On the Market Today...
The Golden Protector Final Expense life insurance plan by Colorado Bankers Life is not a “true” final expense product in my opinion.
When it comes to this product, CBL has very stringent and ambiguous underwriting, and as a result many of the applications that you submit will unexpectedly get declined, rated (to the Graded product) or require an APS.
This is due to the fact, that although your client may truthfully be able to answer “No” to all of the questions in parts I, II, and III for the PGP I; or only answers “Yes” to one of the question in section 2 for the PGP II.
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When it comes to this product, CBL has very stringent and ambiguous underwriting, and as a result many of the applications that you submit will unexpectedly get declined, rated (to the Graded product) or require an APS.
This is due to the fact, that although your client may truthfully be able to answer “No” to all of the questions in parts I, II, and III for the PGP I; or only answers “Yes” to one of the question in section 2 for the PGP II.
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