Our Feature for September 2019


I think the answer is YES!

This unique product utilizes a 10, 15, 20, 25 or 30 year level term product with an income term rider.  By using this combination, you can offer your client something that makes a LOT of sense and has a ton of sizzle.  Here is how it works;

1) For the first benefit, we use a base immediate death benefit in the amount necessary to pay off the mortgage (so the kids won't have to leave the place where they feel secure) or the school where all of their friends are.  Plus enough money to pay off the credit cards and pay the final expenses.  In this example, lets assume that number is $250,000.

2) The second benefit is a monthly income in an amount close to the amount needed to offset the loss of the earnings of the departed spouse.  In this case, let's use $3500 per month.  We want the money to be paid every month that the kids are still at home (let's use 15 years).

The beneficiaries receive $250,000 upon the death of the spouse plus $3500 per month for the next 15 years.  In total, $880,000 total death benefit.  In our example they get all of this coverage for $45.11 per month.


Thanks to the folks at Homeland Security, insurance professionals have to complete a training course in Anti Money Laundering every 2 years at a minimum.  You can get your LIMRA certified course from us for FREE.  Just click on the icon to the left and follow the instructions!