Your clients need guaranteed life insurance protection today – but life changes, and so can your clients’ life insurance needs.
A unique feature on guaranteed universal life is a return of premium option, included at no additional charge within the policy, which provides clients with an exit strategy, giving them flexibility for their future.
How does this rider work?
Clients purchase a guaranteed universal life policy and make the required premium payments – the required premium is the amount that guarantees the death benefit through age 100. On the 15th, 20th and 25th policy anniversary, clients have a 60-day window where they have the opportunity to surrender their policy and get their premiums returned to them. If they don’t exercise the rider, there will be no impact on the policy.
Here are 4 potential benefits clients have with this feature: 4 Cash Benefits For Your Life Insurance Clients
Contact your Life Sales Rep for more on how the return of premium option can positively impact your clients and your business.
Excellence, Passion, Integrity, Collaboration and Creativity – our core values since 1974
The EPICC Center is the online source for financial professionals, designed to provide them with the essential elements they need to run their practice and increase their bottom line including breaking news, carrier / product information, market trends, sales ideas, marketing tools & resources and more.