Impact of the 2016 Election on Life Insurance Business and U.S. Economy
The national election on November 8 produced one of the biggest upsets in presidential history as Donald Trump defeated Hillary Clinton. Pundits and financial planners, prepared to begin discussing Mrs. Clinton’s economic agenda on November 9, instead now find themselves confronting a very different conversation. Here is a brief and general overview of what the election results may mean for the life insurance industry and estate and financial planners. Only time will provide clarity.
LTC: Cost of Waiting
It’s easy to put things off until tomorrow. But some of life’s decisions are too important to ignore. Waiting to purchase a long-term care insurance policy is one of them. Waiting may mean paying higher premiums down the road. Procrastinating also could lead to the inability to qualify for coverage. Read more.
Dual Policy Strategy Helps Provide Unparalleled Flexibility
An affluent, 65-year-old retired business owner seeks a tax-efficient wealth transfer strategy. He wants a solution that meets his legacy goals, offers flexibility to respond to future changes in liquidity needs or tax laws, and eliminates ongoing premiums. What’s your solution? Our new sales idea shows how two Symetra UL-G policies equaling the total coverage needed and our optional Return of Premium Rider helped a client get guaranteed coverage and the added control and flexibility he desired. Read more.
Last Chance to Class Match
MetLife Class Match may be able to issue your client a new policy matching their original policy’s underwriting class and face amount, up to $1.5 million. Remember, applications must be completed in good order and received by December 31st, 2016 in order to qualify for this program. For all the details regarding the underwriting process, eligibility and qualification, please see the Program Guide.
Using Life Insurance to Satisfy the Requirements of a Divorce Decree
When a couple gets divorced, the court often requires alimony or child support payments. But what if the spouse who is responsible for the court-ordered payments dies? Learn how different types of life insurance can help satisfy the requirements of a divorce decree. Read more.
Real Utility at the Right Cost
Can Emily, a single mom, find the right insurance solution to cover her needs now and in the future? Lifetime Foundation offers the right mix of flexibility and guaranteed death benefits at a very attractive price. Download the attached piece to see how Lifetime Foundation can help satisfy all needs of a single mother at a reasonable price point compared to other options on the market. Read more.
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