During the last few weeks we have worked on dozens of life, long term care, disability and annuity cases working alongside our Advisers.
If you are not discussing these issues with your clients then who will?
Case 1 – Premium Finance – No Collateral: A top financial adviser called to discuss a case for a high wage earner that needed life insurance protection now and wanted to add a significant supplemental tax-free income to his retirement plan. Doctor Age 56.
A max funded Indexed Life Program was designed with a premium finance option to keep out of pocket amounts at a minimum.
Out of Pocket from Client $104,000 for 5 years
Premiums for life policy: $207,899 for 10 years (paid by financing company)
Initial Net Death Benefit: $2,922,000
Projected Tax Free Income at age 69: $82,000 Annual for life.
Expected death benefit at life expectancy (late 80’s): $1,000,000
You can do this! One case a year could really boost your practice and help a client.
Compensation to Adviser: over $70,000
Call or E-mail Nancy Woo, Director of Life Marketing, to help you design a case today.
E-Mail: Nancy Woo
(800)238-8144 x103
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