New Products
Protective Life just introduced their new guaranteed universal life product. The Centennial UL G II offers guaranteed coverage down to $50,000. This is a great product and will consistently rank in the top five industrywide. For more information click on the links below or call our office.
 
 
 
How competitive is this new product?
 
Overall
  1. 55 and under for Level Lifetime and 1035 premiums, Male & Female, rank #1 and #2 everywhere in addition to ranking #3 in most cells for Single Premiums.
  2. For 60-85 (with the exception of 65) they improved nonsmoker rates 1% to 7% and smoker rates 3% to 20%.
  3. Overall female rates reduce more than male rates.

Cells 35-85

  1. Best Improvements: Level Lifetime Premiums: Rank #1 in 51% of the cells. Rank #1, 2 and 3 in 72% of the cells.
  2. Next Best: 1035 Premium (at 50% of the Single Premium Level): Rank #1 in 24% of the cells. Rank #1, 2 and 3 in 62% of the cells.
  3. Small Improvements: Single Premium ranks #2 and 3 in 62% of the cells.

 
 

 

 

 As one of our newest preferred carriers, Mutual of Omaha has a broad range of products for you to offer your clients. In most comparisons, you will find their term insurance in the Top 20 and guaranteed death benefit UL in the Top 10. In addition to this, they have a simplified issue product that will allow your clients the opporutnity to purchase up to $250,000 of life insurance with NO medical exam.

 

 
Mutual of Omaha also offers a Disability Product and a Medicare Supplement Plan. The Med Sup plan offer some of the lowest rates in the industry. For example, a 67-year-old female could get Plan F for $98.54 a month and Plan G for $88.15. Compare that to the rest! 
 
 
 
 
 
 
For about six months now we have been working with Savings Bank Life of MA. Their term rates are extremely competitive. On males, the rates will consistently fall in the top three while with women they fall within the top 20. In addtion to this, the Fully Annualize commissions on ALL monthly premium modes.
 
 

CINCINNATI LIFE
 
Did you know that Cincinnati Life considers preferred non-tobacco rates for those non-cigarette tobacco users? In addition to this, for those clients under the age of 65 that purchase under $100,000 of insurance, there is NO medical exam required.
 
 
 
Got a settlement case that we can help you with? If you've got clients over the age of 65 that have a policy over two years older and greater than $250,000 that they no longer need, let us send it through Advanced Settlements to see if we can get the clients cash back. This could include term policies that are still convertible. You would not believe how aggressive these funding companies are getting with their offers. I've been to Orlando to meet with the executives at Advanced Settlements and they are a first rate organization. Call us today for an application!