|
|  |
|
|
Unique Opportunity to Rescue Underperforming ULs
by Brien P. Tilley
On a routine basis, Life Insurance Producers encounter clients with underperforming Universal Life Policies. The reasons for their underperformance are varied, but two common factors are an Insurance Company’s decision to adjust internal costs, and misleading illustrations. For example, an agent may provide an illustration with artificially high interest rates. When clients determine that their Universal Life Policies are not performing as expected, they begin frustrated by the limitations of their current policies and begin to seek solutions elsewhere.
Presently, ABS has a unique opportunity to help our agents rescue these underperforming ULs. Not only are we offering a reliable UL, but the product we've illustrated in the following chart comes with extremely competitive rates and an Age 95 Guarantee.
|
The following rates are for a Single-Pay UL |
|
|
|
with an Age 95 Guarantee (male client): |
|
|
Age |
Rating |
Face Amt. |
Current Rate |
After July 15 |
|
|
60 |
Standard |
$500,000 |
$77,469 |
$147,158 |
|
|
60 |
Preferred Plus |
$500,000 |
$63,437 |
$113,341 |
|
|
65 |
Standard |
$500,000 |
$93,698 |
$185,854 |
|
|
65 |
Preferred Plus |
$500,000 |
$74,624 |
$131,862 |
|
|
70 |
Standard |
$500,000 |
$147,979 |
$231,495 |
|
|
70 |
Preferred Plus |
$500,000 |
$124,817 |
$168,151 |
|
|
|
|
|
|
|
|
|
*To be approved, applications must be dated by June 30th, received no later than July 15, and must have an effective date of June 14th. |
|
|
|
Please take advantage of this opportunity while you still can. As indicated, these rates will increase dramatically after July 15, so contact your clients as soon as possible!
Click here to email ABS for more information.
|
|
| |
|
|
|
Company Spotlight
|
West Coast Life
West Coast Life has reduced Their Term Rates up to 20% as of June 1, 2005!
|
|
|
|
