Term to 100
- Thread starter jmarkk1
- Start date
- 3,764
are you referring to Universal Life, with guaranteed premiums til age 100? if so, several companies allow this type of product
- Thread starter
- #3
Marc_Meyers
New Member
- 16
I've only seen term to 80.
- 26,170
Do not think you will find that. Just curious why you would want one? Since GUL will be lower in cost $100,000.00 is $698 40 M Prd Non Med.
- Thread starter
- #6
- 1,930
They are only sold via mail as they figure no agent could sell one and face someone doing it, they are that bad. Not even a LH could sell one and they have no conscience at all. haha
- 7,012
I would think a competitively priced term-100 would be an easy product to sell. What are the odds of most of these folks living to be 100 anyway?
- 5,309
Hoosier -- Globe used to pitch this type of product, simplified issue and all, but they don't anymore.
Every simplified term product pitches 5-year level premiums with non-guaranteed price-increases, cancelling out at 80 or 85.
That should tell you something about the long-term viability of the Term-to-100 product.
Every simplified term product pitches 5-year level premiums with non-guaranteed price-increases, cancelling out at 80 or 85.
That should tell you something about the long-term viability of the Term-to-100 product.
I just had an in depth discussion with a gentleman this week... he is 66 and on dialysis daily. He is concerned about a policy with premium payments to 100 vs another with 121. Duh... what an optimist. I told him that I doubt that I will be around to 100 and I do not have any of the health problems that he has so he is much more of an optimist than I.
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