I am fairly new to Life, and currently mostly doing FE. Occasionally I run across clients who are looking for larger death benefits, along the lines of $100,000. Since I don't see many of these requests, I'm not familiar with who the most competitively priced companies are for this range. Is there a Whole Life quoting tool available, similar to FEXQuotes for final expense? Thanks everyone for this great forum, I have learned so much here!!
Best WL Prices for Iowa?
- Thread starter Nikita
- Start date
- 17,038
Royal Neighbors is going to always be one of the best priced on those cases. Yes they have a rate calc.
The rate quote link for them can be found at the bottom of our contracting page. http://fexcontracting.com/royal-neighbors/
Last edited:
- Thread starter
- #3
Thanks Newby...I tried that calculator but it doesn't accept face amounts larger than $25,000. I need a quote for $100K. Also, just wanted to clarify, does SIWL mean "simplified issue whole life" and if so, then why does the FEXQuote tool have "traditional/SIWL" as one of the options for quoting? I thought "traditional" was NOT SIWL???
Why are they looking for 100k? Is this a pure DB play or are there other important factors?
Do the people require FE-style underwriting or can they go the traditional route?
What are these clients trying to accomplish?
- 17,038
I'm going to have to hold your hand a little tighter. Go back to the same RNA quote link. Do NOT select SIWL. Instead choose WL.
Now you can quote in the millions if you want to.
Make sure you have a good upline.
----------
These are fully underwritten that we are talking about.
- 25,900
It is a good question. If I am working with SIWL clients and they ask for more of a mortgage, income replacement solution l not only need to determine how many tables we are talking, but if they are going to go through the exams, APSs, and possible PHI. Add to that 30 days to 90 days to issue. If so, I can a great job for them.
Similar threads
