What Company/s For This Prospect?

[0b1kanobee]

Just a thought, much like a dependent child, she has a larger Need for probably around 20 years or so. Then a permanent FE need.

Not sure if she will fit () but UNL's ROP would be worth a look. Larger face now with a RdPdUp later.

Yes right now she has no need for a large face amount of life insurance, just something small. That's why I'm looking at Midland as well because she can convert to any type of policy any time without evidence of insurability (I think). I know you can with their term. I think you can do a whole lot with all the different types. I'm thinking IUL for long term cash growth combined with Chronic Illness and Accelerated DB.

I think they are both worried she is only gonna get heavier and as time goes on if she ever gets married or say adopts a child perhaps, she won't be able to get insurance or it may become even harder to get than it is now with the weight and God knows what the premium might be then.

These people are 'buyers' and she really wanted me to sell her something. I told her I had to look into what would be the best thing for her and get back to her next week after asking her some questions about what she would like a policy to be able to do for her.

They just spent damn near 20k to remodel a bathroom and the house wasn't even that much money when purchased. It's also led to two dental plans, a medicare plan and possible annuity. They are getting ready to go trade in their car and I told them not to sign anything till I look at it (they are only five miles from me). Don't want to see them get taken like the bathroom remodel. They were happy a man was going to help them negotiate.

 

[jdeasy]

I am sure someone v will have the answer to this but what about Monumental 10 pay. Is it more than Settlers?

Mon has a ht/wt chart now on ages under 44.

 

[WinoBlues]

Yes right now she has no need for a large face amount of life insurance, just something small. That's why I'm looking at Midland as well because she can convert to any type of policy any time without evidence of insurability (I think). I know you can with their term. I think you can do a whole lot with all the different types. I'm thinking IUL for long term cash growth combined with Chronic Illness and Accelerated DB.

I think they are both worried she is only gonna get heavier and as time goes on if she ever gets married or say adopts a child perhaps, she won't be able to get insurance or it may become even harder to get than it is now with the weight and God knows what the premium might be then.

These people are 'buyers' and she really wanted me to sell her something. I told her I had to look into what would be the best thing for her and get back to her next week after asking her some questions about what she would like a policy to be able to do for her.

They just spent damn near 20k to remodel a bathroom and the house wasn't even that much money when purchased. It's also led to two dental plans, a medicare plan and possible annuity. They are getting ready to go trade in their car and I told them not to sign anything till I look at it (they are only five miles from me). Don't want to see them get taken like the bathroom remodel. They were happy a man was going to help them negotiate.

I get the impression (assumption) they are combining household income. If so Mama may be seeing the loss of that if daughter dies first. That is why I was thinking a higher 20 year benefit.

Locking in something now is probably not a bad idea. Odds of her getting skinny or healthier are, ah, slim.

You can convert to any of their plans from term. You can not go from say, IUL to WL or term. Normal conversion options. Others can help you better on if that small of a IUL will build any appreciable cash values. I do not know how tough they underwrite the CI rider but her build my be a bigger factor on that than the death benefit. I'd be interested in how the Midland plan fares on this.

Lee