Could an IUL with L/B be a replacement to a Cancer policy, etc?

[myinsurebiz]

Use a company that charges a premium for their riders that pays a fixed amount for a covered event.

Who?

Need the ability to sell over the phone, web and f2f . . .

 

[Life Hawk]

Use a ROP cancer plan... then the prospect gets paid either way...

Working to much into one plan is never good idea... it leaves to much at risk... and it could compromise long term goals...

Not to mention you may confuse your client...

Especially if you are confused...

Simplify... simplify... simplify...

Or the next guy will...

 

[myinsurebiz]

Simplify... simplify... simplify...

Exactly what i'm trying to do . . .

 

[Life Hawk]

Exactly what i'm trying to do . . .

Simplification at times means multiple policies...

A life insurance policy is not designed to be a Swiss Army Knife... it can accomplish what it is designed to do, but that's about it...

Don't over think, don't under think, and don't over design one product as a "go to all"... you will fail...

But worse yet... you may leave your client in a bad position.

Just my thought.

 

[DHK]

A life insurance policy is not designed to be a Swiss Army Knife... it can accomplish what it is designed to do, but that's about it...

Life insurance itself, can be a "Swiss army knife"... but a more apt analogy might be soft clay. But once that clay has taken shape and has hardened in its structure, then it's far less flexible in what that particular policy is designed to do.

 

[Mattschmidt]

I like Foresters too and their rates are very competitive it seems . . .

But - wonder if their LB are accelerated the same way?

THat's why you have to read fine print of evey comanies products