Do you think LBL (Liberty Bankers is inaccurate)? Here's what's going on.
Please note that everything listed here is to the best of our knowledge, true, but also, at times, may be opinion.
Liberty Bankers is inaccurate in Best Plan Pro as there's no way, for even their own underwriters, to give you an accurate underwriting result.
LBL switched to IRIX calls in their most recent change (during COVID). Additionally, they seem to be excluding for conditions not listed on their application. They might be fine with an untreated condition (like a diagnosed Bipolar disorder), but not a treated condition (like if the client was prescribed Lithium).
This breaks the mold of other carriers that we have established in the software – at the heart of it, the carriers are trying to use the medication guide to catch conditions on their application.
Unfortunately, it seems like that pattern has been broken by Liberty Bankers (intentionally). Based on that, we're not sure how to proceed with them.
Please be advised, if you have any medications listed, your results may not be accurate for LBL.