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I have a client that is 76 years old, male, healthy that just takes cholesterol meds.
He has a mortgage in his farm.
Currently has $12K through 3 policies with AIL that he pays $128/month on. These policies are between 5 years and 18 months. I can beat those prices by a few dollars as a whole, but not really liking to do that for him.
He has an 8 year old adopted daughter, and his wife passed away last year.
He wants to make sure she doesn't lose the farm when he passes.
Did anyone do term for a 76 year old?
I quoted him whole life(rounded numbers here), $725/month for 100K, $364/month $50k, $185/$25K. But didn't want flags thrown if he splits the $100K up through multiple smaller policies.
If something is better than what I have in my bag, I'd be open to hearing it.
So, just asking what's out there that might help him better.
Thanks.
He has a mortgage in his farm.
Currently has $12K through 3 policies with AIL that he pays $128/month on. These policies are between 5 years and 18 months. I can beat those prices by a few dollars as a whole, but not really liking to do that for him.
He has an 8 year old adopted daughter, and his wife passed away last year.
He wants to make sure she doesn't lose the farm when he passes.
Did anyone do term for a 76 year old?
I quoted him whole life(rounded numbers here), $725/month for 100K, $364/month $50k, $185/$25K. But didn't want flags thrown if he splits the $100K up through multiple smaller policies.
If something is better than what I have in my bag, I'd be open to hearing it.
So, just asking what's out there that might help him better.
Thanks.