Simplified Issue Term

[rbbga]

Are there any options out there for a 62 year old male, 25 or 30 year Term, $100k worth of coverage? Lives in Michigan. Thanks!

 

[WinoBlues]

Are there any options out there for a 62 year old male, 25 or 30 year Term, $100k worth of coverage? Lives in Michigan. Thanks!

Explain what you mean by SI please.

I think Americo fits that description. However, I can not think of a reason to write them.

62 is not old and $100,000 is not a lot of insurance.

I would look at TA or AIG 25yr term, half the cost of Americo

Or better yet a to age 100 GUL such as Protective or PacLife. But would give them the opportunity to do lifetime or at least age 105.

 

[rbbga]

Explain what you mean by SI please.

I think Americo fits that description. However, I can not think of a reason to write them.

62 is not old and $100,000 is not a lot of insurance.

I would look at TA or AIG 25yr term, half the cost of Americo

Or better yet a to age 100 GUL such as Protective or PacLife. But would give them the opportunity to do lifetime or at least age 105.

I meant a company that would not require a health exam.

 

[WinoBlues]

I meant a company that would not require a health exam.

Not sure what the cut off age is but I have used United Home as well. Just a PHI. About 3-4 tables built in. Their ROP has RdPdUp option at the end.

If he is age 62 healthy, show him the premium savings on FU also. Recently placed a $M policy on a 71YO with Protective did the same guy 5 years ago $M with TA. That TA policy was completed in just a few weeks. There are FU companies that may do no exam at 62.