Brokers AllianceTo kick off our October 2018 Life Insurance Update Show, we revisit the most competitively priced living benefit term product in the industry. Currently, it is offering a multitude of earning opportunities including a $5,000 vacation for hitting production goals. This product also boasts a limited-time offer to earn an extra $100 for every paid app closed until Dec 31st, 2018. It may also be possible to earn triple-digit commission on your term sales!
Next, we cover a Non-Med IUL with face amounts as high as $500,000. Here’s why that’s important: Most accumulation products being purchased by middle America are for face amounts below $500,000. On average, these cases can be issued within 5 days. There has been no repricing to the product, so the cost structure hasn’t changed. That means that compared to other IUL products on the market, this non-med IUL has the potential to outperform them all (even on a lower rate of return)!
Have you explored Premium Deposit Accounts (PDA)? An account like this works well for clients with a lump sum of money who want to invest it for supplemental retirement income and a tax-free death benefit.If an annuity isn’t the right solution for them, their next option could be a PDA. A PDA can provide clients worry-free premium payments, growth, can help avoid MEC status, and pays as much as 3.25%.
Finally, our Premium Finance opportunity takes center stage. When working with Brokers Alliance on Premium Finance cases, our producers receive the following benefits:
- No third-party aggregators, which saves time and money
- Variety of banking relationships to provide the best rates
- No case splits
For more information on topics discussed in the October 2018 Life Insurance Update Show, please give us a call at 480.296.0169 and ask to speak with an Agent Relationship Manager.
