Best Single Premium Life Carrier??

[jacobtn]

Hello, I am assisting some clients with replacing policies where they will be getting $6k and $11k in cash value. Both are in their middle 60s. What carrier do you guys like for single premium FE needs?

 

[rousemark]

Hello, I am assisting some clients with replacing policies where they will be getting $6k and $11k in cash value. Both are in their middle 60s. What carrier do you guys like for single premium FE needs?

Settlers has a single pay plan on their Gold and Silver Plans. Decent coverage, fair commission and they credit the full premium for their convention qualifications. 40K single premium would qualify for trip where most companies would only give you 2K credit on 40K of single premium.

Male age 65 NS can get 19K face for 11K single premium on Gold plan and 18K on Silver Plan

 

[LonghornMark]

They don't wanna keep the cash value(17k) and just purchase a normal 10 or 20k FE policy?

 

[jacobtn]

Settlers has a single pay plan on their Gold and Silver Plans. Decent coverage, fair commission and they credit the full premium for their convention qualifications. 40K single premium would qualify for trip where most companies would only give you 2K credit on 40K of single premium.

Male age 65 NS can get 19K face for 11K single premium on Gold plan and 18K on Silver Plan

thanks, that's helpful info. do you have their rate sheet and app that you could email me by chance? I tried to call them to get info but they just closed. my email is

I looked on fexquotes but they only have continuous pay out there or 10/20 pay. Thanks!!!

 

[rousemark]

thanks, that's helpful info. do you have their rate sheet and app that you could email me by chance? I tried to call them to get info but they just closed. my email is [email protected]

I looked on fexquotes but they only have continuous pay out there or 10/20 pay. Thanks!!!

Just sent it to you... Might cost you a Chinese dinner..

 

[Todd King]

Baltimore Life is $19,469.03 for $11K on a 65 M-NT or $10,619.47 for $6K.

A 65 F-NT is $21,739.13 for $11K and $11,857.71 for $6K.

 

[rousemark]

Baltimore Life is $19,469.03 for $11K on a 65 M-NT or $10,619.47 for $6K.

A 65 F-NT is $21,739.13 for $11K and $11,857.71 for $6K.

Todd: Glad you posted that.. Tells me Settlers is in the ballpark.. I wondered how they compared with other companies..

 

[Todd King]

Yes they are in the ballpark. Seems like the next logical question might be on the commissions since the face values are very close.

I have no idea what Settler's pays, but I'm almost willing to bet blindly that it's not as much as Baltimore.