United Life's SPWL is already an uncomplicated and attractive product, and they've made it even better!
Max issue age extended through 90
Ages 86 through 90 can now apply for face amounts through $100,000, only on a simplified underwritten basis with three medical questions and no medical testing
Living Benefit rider included when the face amount is $50,000 or greater
Internal UNI-to-SPWL exchanges now possible for ages 86 through 90. UL with a "Paid Up" feature- Yes!
Note: Reduced comp at the new upper ages on SPWL
Significant improvement in break-even period (when cash value meet/surpasses the single premium amount), with many ages realizing an average break-even point in the third year, compared to the prior break-even average of six to eight years or longer
Policy fee eliminated, so your client's full premium payment goes towards purchasing coverage
Effective 5/1, United Introduces Graded Benefit Whole Life- now available for your online quoting. An attractive alternative for Easy Underwriting and for clients’ who may otherwise have insurability issues.
The following marketing materials are available for GBWL:
Thanks for who are and what you do - and for allowing us to help you make a bigger difference! Contact your TAG Life Team for illustrations and hand on your next case.
Brad, Patti or John at 866-845-5292.