$100,000 Term or UL Simplified Issue for Ages 65-70

jacobtn

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Anything like that out there? I keep coming across folks who are on non guaranteed UL or term products that are about to renew, and they don't want to drop from $100k down to $15k.

Example, I have someone in Alabama today that I spoke with over phone, age 66 health N/T, paying $160 month for a $100k coverage and rate continually increasing. What product would be simplified issue, and preferably point of sale approved without a paramed and go to $100k? I have heard Sagicor mentioned before. Do they approved at point of sale?
 
Anything like that out there? I keep coming across folks who are on non guaranteed UL or term products that are about to renew, and they don't want to drop from $100k down to $15k.

Example, I have someone in Alabama today that I spoke with over phone, age 66 health N/T, paying $160 month for a $100k coverage and rate continually increasing. What product would be simplified issue, and preferably point of sale approved without a paramed and go to $100k? I have heard Sagicor mentioned before. Do they approved at point of sale?

Just got a call off of LinkedIn Husband 65 paying $1,300 a month for a Million policy just got a letter saying the policy "matured and they are getting a check for $3,000 and a kiss good bye.

I get excited when the wife ask me to quote him. Then...... Cured from Hep C this year and Lymphoma last year. Wish we would have talked a couple years ago.

Sagicor _ GUL to $250,000 age 65 and below non med. Answer in about 48 hours. If everything is clean. Prd to T2. The T2 rates are pretty good. Americo's HMS is pretty liberal but you/they pay for it.
 
Just got a call off of LinkedIn Husband 65 paying $1,300 a month for a Million policy just got a letter saying the policy "matured and they are getting a check for $3,000 and a kiss good bye.

I get excited when the wife ask me to quote him. Then...... Cured from Hep C this year and Lymphoma last year. Wish we would have talked a couple years ago.

Sagicor _ GUL to $250,000 age 65 and below non med. Answer in about 48 hours. If everything is clean. Prd to T2. The T2 rates are pretty good. Americo's HMS is pretty liberal but you/they pay for it.

Sounds like a good product for 65 and under. What would use for age 66?

I have never heard of the scenario you posted before. Sounds like term but why the 3k check?
 
Sounds like a good product for 65 and under. What would use for age 66?

I have never heard of the scenario you posted before. Sounds like term but why the 3k check?

Someone called me today offering a to age 70 product. Send me an email and I will forward the stuff he sent me.

Yeah she called back it is most likely a UL. The money is probably because it was not enough to pay the cost of insurance and fees plus premium if they drafted after the force surrender.
 
Anything like that out there? I keep coming across folks who are on non guaranteed UL or term products that are about to renew, and they don't want to drop from $100k down to $15k.

Example, I have someone in Alabama today that I spoke with over phone, age 66 health N/T, paying $160 month for a $100k coverage and rate continually increasing. What product would be simplified issue, and preferably point of sale approved without a paramed and go to $100k? I have heard Sagicor mentioned before. Do they approved at point of sale?


AmAm Easy Term 10 year used to fit most if not all the parameters you are looking for. Look into them...
 
Anything like that out there? I keep coming across folks who are on non guaranteed UL or term products that are about to renew, and they don't want to drop from $100k down to $15k.

Example, I have someone in Alabama today that I spoke with over phone, age 66 health N/T, paying $160 month for a $100k coverage and rate continually increasing. What product would be simplified issue, and preferably point of sale approved without a paramed and go to $100k? I have heard Sagicor mentioned before. Do they approved at point of sale?

Just sent you an email on a product that may work for you.
 

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