[LTPC-discussions] LTPC legal update
S T Cuscovitch
ltpc-disc@ltpcalums.com
Fri, 18 Jul 2003 07:07:02 -0400
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<...Another agents name on policy...>
How can LTPC legitimately service clients in states that require special =
certs, such as Partnership?
Realistically, it would seem that they must sell be selling =
book-of-business. (Why would retain a non-core business anyway?)
Would be interesting to note who new agency/agents are.
----- Original Message -----=20
From: ShampooRic@aol.com=20
To: ltpc-disc@ltpcalums.com=20
Sent: Friday, July 18, 2003 12:53 AM
Subject: [LTPC-discussions] LTPC legal update
For those that are interested in the legal issues of LTPC please read =
on. For those that are not concerned delete now.
Disclaimer: I am not an attorney, I have a life, I am married, have a =
mortgage and bills to pay, trying to earn a living, not waiting for =
money to drop from the sky, and I do not have 3 cheeks, well not yet. =20
Attorneys are still going over information. Should hear back by =
tomorrow or early next week. Will post as soon as I hear.
Regarding the service as promised after the 20th.
Has anyone had problems communicating with LTPC? When you call do =
they return any requests? Confirm anything about policies pending or =
requests by voice mail or email? Seems like I have heard quite a few =
people that are having difficulty. From what I have heard from people =
they are being told at home office not to talk to agents. Can anyone =
else verify? Please keep records or requests or when you left messages. =
Not too professional, policies mailed out, no chance to upgrade or =
explain. Another agents name on policy. Affinity partners did not =
contract for this kind of service, and it was not necessary. There are =
several agents out there trying to get over $350,000 to get vested. I =
hope they do not lose this due to any staffing problems. there are only =
two days that Progeny says they will count toward the $350,000 needed to =
get vested. If things are not posted correctly on those two days those =
agents are out of luck and $$$$$$$$$$$$$$$$$. =20
Progeny has not even sent out a letter explaining anything to clients. =
Makes us look real professional. =20
Letters will go out to all board members of Cendant next week. I am =
curious if I will even get an answer.
Wishing all of you well, and remember assume the close.
Richard Moore
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<DIV><FONT face=3DArial size=3D2><...Another agents name on=20
policy...></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>How can LTPC legitimately service =
clients in states=20
that require special certs, such as Partnership?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>Realistically, it would seem that they =
must sell be=20
selling book-of-business. (Why would retain a non-core business=20
anyway?)</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>Would be interesting to note who new =
agency/agents=20
are.</FONT></DIV>
<DIV> </DIV>
<DIV>----- Original Message ----- </DIV>
<BLOCKQUOTE=20
style=3D"BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: =
0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A href=3D"mailto:ShampooRic@aol.com"=20
title=3DShampooRic@aol.com>ShampooRic@aol.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20
href=3D"mailto:ltpc-disc@ltpcalums.com"=20
title=3Dltpc-disc@ltpcalums.com>ltpc-disc@ltpcalums.com</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Friday, July 18, 2003 =
12:53=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [LTPC-discussions] =
LTPC legal=20
update</DIV>
<DIV><BR></DIV><FONT face=3Darial,helvetica><FONT face=3DArial =
lang=3D0 size=3D3=20
FAMILY=3D"SANSSERIF">For those that are interested in the legal issues =
of LTPC=20
please read on. For those that are not concerned delete=20
now.<BR><BR>Disclaimer: I am not an attorney, I have a life, I =
am=20
married, have a mortgage and bills to pay, trying to earn a living, =
not=20
waiting for money to drop from the sky, and I do not have 3 cheeks, =
well not=20
yet. <BR><BR>Attorneys are still going over information. =
Should=20
hear back by tomorrow or early next week. Will post as soon as I =
hear.<BR><BR><B><U>Regarding the service as promised after the=20
20th.<BR><BR></B></U>Has anyone had problems communicating with =
LTPC? =20
When you call do they return any requests? Confirm anything =
about=20
policies pending or requests by voice mail or email? Seems like =
I have=20
heard quite a few people that are having difficulty. From what I =
have=20
heard from people they are being told at home office not to talk to=20
agents. Can anyone else verify? Please keep records or =
requests or=20
when you left messages. Not too professional, policies mailed =
out, no=20
chance to upgrade or explain. Another agents name on =
policy. =20
Affinity partners did not contract for this kind of service, and it =
was not=20
necessary. There are several agents out there trying to get over =
$350,000 to get vested. I hope they do not lose this due to any =
staffing=20
problems. there are only two days that Progeny says they will =
count=20
toward the $350,000 needed to get vested. If things are not =
posted=20
correctly on those two days those agents are out of luck and=20
$$$$$$$$$$$$$$$$$. <BR><BR>Progeny has not even sent =
out a=20
letter explaining anything to clients. Makes us look real=20
professional. <BR><BR>Letters will go out to all board members =
of=20
Cendant next week. I am curious if I will even get an=20
answer.<BR><BR>Wishing all of you well, and remember assume the=20
close.<BR><BR>Richard=20
Moore<B><U><BR></BLOCKQUOTE></B></U></FONT></FONT></BODY></HTML>
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