- Staff
- #1
The Minimum Face Amount is going from $100,000 to $250,000.
Now, you might think that this is NOT Great News and that is what I initially thought as well. HOWEVER, after really looking at it I have discovered that this is PERFECT for what US Financial does; offer YOUR clients with controllable health conditions Life Insurance at affordable prices.
This is what I found.
1. $250,000 of RightTerm at SuperStandard is more competitive than the most competitive carriers Table 4 rates for $150,000.
2. Clients wanting to buy Less than $250,000 AND have a condition that is table rated can now get MORE coverage in the majority of cases, for less dollars.
EXAMPLE: I compared all the major term carriers at Table 4 vs. USFinancial at SuperStandard.
Note: West Coast had the Lowest Cost Table 4 Premiums.
Male Age 45 $150,000 Coverage WCL vs. $250,000 US Financial
Non Smoker
10 Yr. Term $ 42.26 vs. $ 45.15
15 Yr. Term $ 60.91 vs. $ 56.52
20 Yr. Term $ 75.08 vs. $ 69.87
30 Yr. Term $125.74 vs. $113.48
Male Age 55
Non Smoker
10 Yr. Term $100.80 vs. $ 93.01
15 Yr. Term $141.23 vs. $128.16
20 Yr. Term $187.16 vs. $166.21
Female Age 60
Non Smoker
10 Yr. Term $100.54 vs. $110.14
15 Yr. Term $168.00 vs. $151.97
20 Yr. Term $205.01 vs. $203.37
So as you can see US Financial is still the place to put your clients with controllable health conditions. Simply explain to your client that they get more for less.
Now, you might think that this is NOT Great News and that is what I initially thought as well. HOWEVER, after really looking at it I have discovered that this is PERFECT for what US Financial does; offer YOUR clients with controllable health conditions Life Insurance at affordable prices.
This is what I found.
1. $250,000 of RightTerm at SuperStandard is more competitive than the most competitive carriers Table 4 rates for $150,000.
2. Clients wanting to buy Less than $250,000 AND have a condition that is table rated can now get MORE coverage in the majority of cases, for less dollars.
EXAMPLE: I compared all the major term carriers at Table 4 vs. USFinancial at SuperStandard.
Note: West Coast had the Lowest Cost Table 4 Premiums.
Male Age 45 $150,000 Coverage WCL vs. $250,000 US Financial
Non Smoker
10 Yr. Term $ 42.26 vs. $ 45.15
15 Yr. Term $ 60.91 vs. $ 56.52
20 Yr. Term $ 75.08 vs. $ 69.87
30 Yr. Term $125.74 vs. $113.48
Male Age 55
Non Smoker
10 Yr. Term $100.80 vs. $ 93.01
15 Yr. Term $141.23 vs. $128.16
20 Yr. Term $187.16 vs. $166.21
Female Age 60
Non Smoker
10 Yr. Term $100.54 vs. $110.14
15 Yr. Term $168.00 vs. $151.97
20 Yr. Term $205.01 vs. $203.37
So as you can see US Financial is still the place to put your clients with controllable health conditions. Simply explain to your client that they get more for less.
