When it comes to indexed universal life (IUL) products, it seems like all products use the same general design. It can be tempting to choose a product based on which illustrates best or has elaborate marketing features. However, when you look closer at each product illustration, you’ll start to uncover some important differences you and your clients should be aware of. These differences are in the product’s charge structure, and these underlying policy charges can significantly impact a policy’s performance. In our recently updated Cost Comparison flyer, you will see: How our cumulative charges compare to our competitors This shows
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On October 1st, the new issue ages for 10T and 15T Non-ROP Term Life Express (TLE) policies have increased. We also added four new benefit triggers for the Living Benefits Rider. New Issue Ages Issues Ages 18-50: $25,000-$300,000 Issue Ages 51-60: $25,000-$250,000 Issue Ages 61-70: $25,000-$150,000 New Living Benefits Triggers for Critical Illness As of October 1st, the Critical Illness Living Benefits Rider will now include benefit triggers for dementia (including Alzheimer’s), major burns, AIDS, and aortic aneurysm surgery in addition to the existing triggers (ALS, kidney failure, life-threatening cancer, major organ failure, heart attack, stroke)   Here’s What You
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Our Income Advantage IUL and Life Protection Advantage IUL policies now offer a Long-Term Care Rider in addition to an Accelerated Death Benefit for Chronic Illness Rider. In some cases, it may benefit your clients to choose both riders. Although both riders can’t be added to the same policy, your clients have the option to split a larger policy into two. And, only one application is needed – you just need to include instructions on the application regarding the client’s intent to split the policy. Take a look at the sales idea flyer to see a case study that shows
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Our Fit underwriting credit program can help your clients qualify for up to an additional two table credits from their base rating on both fully underwritten term and permanent products. When your clients get a better rating, that translates into additional cost savings. What makes the Fit Program unique? It is NOT a table shave program Clients as young as 18 years old can qualify It applies to both permanent AND term policies Take a look at some of the Fit Program guidelines and be sure to complete the Fit Program test with your clients to ensure they receive the
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On October 1, agents selling in Delaware will now have an additional option to help meet clients’ long-term care planning needs. The new Long-Term Care Rider will be available for you on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total benefits up to 100% of the initial specified death benefit 1%, 2% or 4% monthly acceleration percentages One-time, 90 calendar-day elimination period Automatic issue of the Chronic Illness Rider if the client doesn’t qualify for the
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Effective October 1, 1018, we are expanding the issue ages for 10T and 15T Non-ROP Term Life Express (TLE) policies. In addition, we are adding four new benefit triggers for the Living Benefits Rider: dementia (including Alzheimer’s), major burns, AIDS and aortic aneurysm surgery. New Issue Ages Issue Ages 18-50:  $25,000 – $300,000 Issue Ages: 51-60:  $25,000 – $250,000 Issue Ages: 61-70:  $25,000 – $150,000 New Living Benefits Triggers for Critical Illness As of October 1st, the Critical Illness Living Benefits Rider will now include benefit triggers for dementia (including Alzheimer’s), major burns, AIDS, and aortic aneurysm surgery in addition
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When it comes to indexed universal life insurance products, there are many different designs. Our IUL Portfolio Overview flyer provides information on what makes our Income Advantage and Life Protection Advantage IUL products unique in the industry. It highlights our: Simple product design Straightforward crediting strategies Competitive participation rates and caps Our index loan option, which comes with a cap Our Guaranteed Refund Option rider, included with qualifying policies at no additional cost Our living benefit riders, including our LTC, Chronic and Terminal Illness riders To learn even more about our IUL products, visit www.discoveriul.com.   What Makes Our IUL
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The Guaranteed Refund Option rider is included with all qualifying Income Advantage IUL policies at no additional cost. You may be wondering why clients even need a GRO rider, when most companies illustrate a projected 6 percent (or thereabouts) indexed interest crediting rate. Read the Guaranteed Refund Option on IUL flyer to learn how the GRO rider can help provide clients with an additional layer of protection – especially in an unpredictable market.   Offer Your Clients a Unique Guarantee on Their IUL   #goldencareagent #mutualofomaha
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