…..Anytime you present term or universal life insurance to a client they should consider a program with an accelerated benefit rider for chronic illness.
….American General Life and Accident Quality of Life Term and Universal life insurance is great opportunity for agents and consumers
As I mentioned in my email announcement to the field this morning, Paradigm Insurance Marketing …. is please to represent American General Life & Accident Insurance Company. AGLA has designed Quality of Life Term and Universal life insurance products that help consumers cope with the risks associatied with long-term care, critical and terminal illness. Now, you can make your client’s premium dollars multi-task and one insurance policy can provide meaningful living benefits and options; an opportunity so to speak!
…….in the coming months, we will be introducing you to a whole new generation of long-term care planning solutions. These will include annual pay term and universal life insurance, single pay life products, non-can disability coverage, critical illness and annuities. The one common theme is that all of these, like traditional LTCi, will provide benefits when the insured suffers from a chronic illness. Our intent is to turn you into a long-term care planning solutions machine.
……as we continue to search the marketplace we’re finding a myriad of long-term care planning solutions, life, annuity, disability and critical illness products (linked/hybrids), that will provide consumers with benefits if they suffer from a chronic illness. These products, while not traditional LTCi, suit different age groups, lifestyles, budgets and planning objectives. They also allow a consumer’s premium dollars to “multi-task” providing them with important benefits when they need or choose them.
CASH IS KING! Especially when someone is sick. How will your clients feel about you when you arrived with a check for $50,000, $100,000 or more when they’re worried about paying the bills, putting food on the table or taking care of their children? How would they feel about you if you didn’t and found out later that you could have helped them with………
The “third pool” shared care rider coupled with one of the 3% compound inflation options creates an extraordinarily compeititive benefit package
your client/prospect will never see better premiums then NOW on 5% compound inflation protection. How do you say going, going, gone!
If an insurance company designed and marketed a product like this to consumers its executives, including the actuaries, would be “perp-walked” out on the nightly news.
The full implementation of the Pension Protection Act of 2006 means that financial and insurance professionals of all stripes are now playing in each other’s sandbox. Either they will become fluent in how all of the various planning tools fit consumer’s needs or they will begin to lose sales, get sued by disgruntled clients and heirs or both. Which category do you want to find yourself in?
BJFIM on CBS Money Watch |