[Rick Lee]

Today I had a doozie. Total ghetto apt neighborhood, though in the lady's defense, her place was spotless and well-decorated on the inside. She was 55 yrs old and in perfect health, had an old Prudential policy her mom took out on her when she was born ..... in 1965. She said it had a $35k face amount. Nope, called the company, it was $10k. She had taken over the $20/mo payments and already paid $13k into it. Her cash value was $7000. If this shows you how overpriced that policy was, I was able to get her the same price per thousand, even 55 years later. She was all set to cash out and start over, gave me everything I needed .... until it came to the banking info. She only used debit cards, nothing with a checking acct #. That raised the price by about $8/mo and she balked. I said, "You're walking away from a $7000 refund, another policy at the same price per thousand, all because you don't want an insurance company to auto-draft your account, so you'd rather keep overpaying into that policy AND paying for money orders for the privilege?"

That's why she's poor.