100K Final Expense

[mudhound]

Ok, I know that is super dumb!
However, i have a current client looking for 100K in coverage. Health wise he's a train wreck.
Is there a graded term plan out there? worth looking at?

 

[rousemark]

Ok, I know that is super dumb!
However, i have a current client looking for 100K in coverage. Health wise he's a train wreck.
Is there a graded term plan out there? worth looking at?

age/ health problems?

 

[Life Hawk]

Ok, I know that is super dumb!
However, i have a current client looking for 100K in coverage. Health wise he's a train wreck.
Is there a graded term plan out there? worth looking at?

Sounds like a risk pool nightmare... how deep are his pockets?

 

[WinoBlues]

Ok, I know that is super dumb!
However, i have a current client looking for 100K in coverage. Health wise he's a train wreck.
Is there a graded term plan out there? worth looking at?

Define 'Train Wreck'

You ca stack FE policies.

There are SIterm policies like UHL that tables built-in. A combo plan with both would work in a Laddering case. Of course, age is a factor on term limits.

 

[DayTimer]

Define 'Train Wreck'

One carrier's train wreck is another carrier's table 2 with a flat extra for 3 years.

 

[risingsun]

National Western might be the answer

 

[gambrinus]

Word of warning. Find out how committed the prospect is. I had a guy contact me, said he needed $$$ coverage as part of a business deal / loan. After spending time to figure out a solution, he replies with "It's O.K., the bank got me set up with something".

 

[mudhound]

my guy is 42 years old. He's got some sort of paralysis. He wakes up unable to move!