Perm Life Product With Best Living Benefits

[AOKING]

Looking a purchasing some PERM life and really interested in great living benefits that come with. I have a lot of Critical Illness insurance that I still have from my last employer 2 years ago. It is great coverage, but really expensive. Looking to utilize that money towards a PERM life product where I could get similar benefits. Anybody have any good ideas......I know ANICO and NGL both have perm products, but I have no experience with them or know if they are decent or not. Not looking for cash accumulation, just DB.

AO

 

[DHK]

Stand alone CI policies will probably have better coverage and multiple ways to file claims compared to life insurance living benefit policies.

 

[AOKING]

Well then I need to work on replacing. I bought my Humana policies 5 years ago to help myself out on a tight month. The other policies from my former employer are super expensive. Also, the benefits drop to half at age 70 (when I may actually need it). I feel like Bob Castiglione would advise to replace it with whole life......................................

$170 a month for 100k cash benefits on myself and 80k cash benefits on my wife. We are both 37 years old. Seems salty to me, but I don't know of anybody who actually sells this stuff.

 

[AboutThatLife]

Try mutual of omaha for the CI.

As far as life goes, ANICO has good living benefits but the accumulation is not as good and its a bit more expensive than other options.

NLG from what I hear is more expensive than the others.

I personally like Midland.

 

[AboutThatLife]

Try mutual of omaha for the CI.

As far as life goes, ANICO has good living benefits but the accumulation is not as good and its a bit more expensive than other options.

NLG from what I hear is more expensive than the others.

I personally like Midland.

But if you already have CI...that's the only benefit that doesnt come on all the policies.

 

[myinsurebiz]

Well then I need to work on replacing. I bought my Humana policies 5 years ago to help myself out on a tight month. The other policies from my former employer are super expensive. Also, the benefits drop to half at age 70 (when I may actually need it). I feel like Bob Castiglione would advise to replace it with whole life......................................

$170 a month for 100k cash benefits on myself and 80k cash benefits on my wife. We are both 37 years old. Seems salty to me, but I don't know of anybody who actually sells this stuff.

CI = $100k on you and $80k on wife + $100k Accidental Death on both = $130.72 with Assurity . . .

 

[myinsurebiz]

Looking a purchasing some PERM life and really interested in great living benefits that come with. I have a lot of Critical Illness insurance that I still have from my last employer 2 years ago. It is great coverage, but really expensive. Looking to utilize that money towards a PERM life product where I could get similar benefits. Anybody have any good ideas......I know ANICO and NGL both have perm products, but I have no experience with them or know if they are decent or not. Not looking for cash accumulation, just DB.

AO

Ameritas has a nice IUL with Living Benefits . . .

 

[AOKING]

CI = $100k on you and $80k on wife + $100k Accidental Death on both = $130.72 with Assurity . . .

Do the benefits reduce at age 70?

AO

 

[AOKING]

But if you already have CI...that's the only benefit that doesnt come on all the policies.

Did Midland lower caps recently on their most popular IUL products that were sold a couple years ago?
AO

 

[myinsurebiz]

Do the benefits reduce at age 70?

AO

By 50% at age 65 . . .