Advisors Blog

Introducing a new series of quick sales ideas to spark interest in your clients and centers of influence. Position yourself as a valued advisor and insurance expert by using these tips as conversation starters.

1. A UNIQUE GUL PRODUCT WITH A TRUE NO-COST CATCH-UP PROVISION

We are offering a low-cost GUL contract with guarantees to age 120 and a unique no-interest catch-up provision. If your client skips a premium or pays late, the death benefit guarantee is not adversely impacted, as long as the back premiums are repaid. This is unique in today’s marketplace, as most carriers charge large interest penalties on top of the missed premium. This carrier also has one of the least expensive GULs in many level-pay, quick-pay and single-pay scenarios.

• Issue ages 18-75.
• $50,000 minimum face amount.
• Great alternative-tobacco rates for cigar.
• Rated A+ with S&P.
• Call us for quotes on this low-cost GUL to age 120.

2. GUARANTEED ISSUE TERM FOR MULTI-LIFE EXECUTIVE CARVE OUTS AND GROUPS

If you're working with businesses with highly compensated employees, we offer guaranteed-issue term to supplement or replace group coverage, for executive benefits or business-owned coverage.

• Must have a minimum of 25 lives.
• Only ONE medical question for those age 70 or younger. 
• Employee must earn $75,000 annual salary and up. 
• Up to $3,000,000 face amount (amount based on number of lives).
• Very competitive ART rates.
• Perfect for group carve out cases.
• These are individual policies, not a group certificate.
• Policy is fully portable and convertible.
• Send us your employee census and we’ll design the case.

3. INTRODUCING A NEW-ASSET BASED LTC POLICY WITH FULL INDEMNITY BENEFITS

As a cash indemnity plan, the client has more care options and freedom to choose whether to spend or save their benefit payments. Even informal care provided by a family member can be chosen.

• 100% Liquidity (full premium refunded available upon surrender).
• Cash Indemnity LTC benefits – no receipts required.
• Issued to age 75 as a single-pay, or up to 15-pay plans for younger clients.
• LTC Inflation Protection rider available.
• Simplified-Issue underwriting.
• All benefits shown are fully guaranteed. No performance-based risks.
• Couples discount available.
• A+ rated company.
• Currently not available in all states.

For more information or for a custom quote design, please contact your GBS brokerage director.