October 2018 Life Insurance Update Show

To 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:

1. No third-party aggregators, which saves time and money
2. Variety of banking relationships to provide the best rates
3. 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.