74 Year Old Female $50,000 In WL

[jdeasy]

I happen to be on working on 74 year old female also. I notice that RNA Prime guide. ( I do not have an essentials) Says Mature assessment and PHI. Is that still the case? How do the handle the Hmong Language? $75,000

Thanks,

Lee
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FYI, RNA is very close in price to the GULS at that age and face.

I've never understood what mature assessment means. Seems like the regular old phone interview to me. I would think they have interpreters but it is RNA we're talking about.

 

[WinoBlues]

I've never understood what mature assessment means. Seems like the regular old phone interview to me. I would think they have interpreters but it is RNA we're talking about.

In traditional it is a cognitive test. Some are drawing a clock. Others are memory and or actually walking and movement. They can derail a case.

 

[Raider123]

It helps to know what state you are in, going to be different.

I am in New Jersey......
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That would be the worst thing to sell for Medicaid people. GUL DOES build some cash value. Just enough to screw them up. If they pull out any of the cash value to comply with Medicaid they lose their guarantee.

If they assign it to a trust or funeral home to comply with Medicaid, all the death benefit not used on a funeral has to go directly to Medicaid.

Bad choice.

Wouldnt it be worse to sell them a whole life policy?

 

[TwiLight]

Sagicor's GUL & WL would be full underwriting at $30k (Paramed, Blood, HOS, MVR, MIB and RX)

$30k 74Fns
$115.44/mo Standard Rate GUL
$97.19/mo Preferred Rate GUL
$180.83/mo Standard Rate Whole Life
$175.77/mo Preferred Rate Whole Life

Sagicor will do simple issue to age 74 for face 5k - 24,999.

Whole life Rate and GUL rate is really good.

WL is $174.98/mo for $24,999
GUL is $126.44/mo for $24,999

 

[jdeasy]

Sagicor's GUL & WL would be full underwriting at $30k (Paramed, Blood, HOS, MVR, MIB and RX)

$30k 74Fns
$115.44/mo Standard Rate GUL
$97.19/mo Preferred Rate GUL
$180.83/mo Standard Rate Whole Life
$175.77/mo Preferred Rate Whole Life

Sagicor will do simple issue to age 74 for face 5k - 24,999.

Whole life Rate and GUL rate is really good.

WL is $174.98/mo for $24,999
GUL is $126.44/mo for $24,999

Those rates don't look look great to me.

 

[Raider123]

Sagicor's GUL & WL would be full underwriting at $30k (Paramed, Blood, HOS, MVR, MIB and RX)

$30k 74Fns
$115.44/mo Standard Rate GUL
$97.19/mo Preferred Rate GUL
$180.83/mo Standard Rate Whole Life
$175.77/mo Preferred Rate Whole Life

Sagicor will do simple issue to age 74 for face 5k - 24,999.

Whole life Rate and GUL rate is really good.

WL is $174.98/mo for $24,999
GUL is $126.44/mo for $24,999

Twilight, I emailed you earlier about something else. Let me know if you can help me with that.

 

[paige23]

That's the FE product. The Essential (fully underwritten), goes all the way up to....well, Donald Trump status.

Real quick.. Todd, what is involved in a fully underwritten policy?

 

[Todd King]

Here's the page from the RNA Underwriting Guide that shows what it is for the different ages...

View attachment Pages from 2980-B Underwriting Guide 9-12.pdf

 

[Newby]

I am in New Jersey......
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Wouldnt it be worse to sell them a whole life policy?

No. If they need to strip the cash out of the whole life, it won't crash the policy. With the UL it kills it.

 

[marketing]

Thanks, this is some great information on this post.