Have You Come Across Starmount Life Policies?

Rearden

Guru
5000 Post Club
It is "Indeterminate Premium Whole Life," lol.

Looking through the policy, it's auto-converting term-to-whole life after 10 years in force and 2 rate increases at the end of the 5th and 10th year.

There is zero cash value in the policy until the conversion.

Might be a UL.

Was 13 and change for $10,000 of coverage for a 68 female non-smoker.

First time I've seen something like this.
 
It's a 10 year term policy that's convertable to whole at the end of the initial term.

They just say it fancier than that.


It is "Indeterminate Premium Whole Life," lol.

Looking through the policy, it's auto-converting term-to-whole life after 10 years in force and 2 rate increases at the end of the 5th and 10th year.

There is zero cash value in the policy until the conversion.

Might be a UL.

Was 13 and change for $10,000 of coverage for a 68 female non-smoker.

First time I've seen something like this.
 
I've seen them. They are whole life with predetermined rate increases. It's super low for like 5-years. Then it doubles for (I think 5-more years.) then it goes WAY up.

Stonebridge sells a similar product direct to consumers. Theirs is a whole life that is low for two years and then doubles.
 
They are a B++ (GOOD) carrier per AM Best. Seems well rated but I personally prefer to only offer A- or better companies.

Now StuperSupps....please refrain from posting drivel. I see you are at it again today.

Thank You for your cooperation in this manner.
 
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