Life Insurance

Taxes Are On Sale! Three Ways to Take Advantage

The Tax Cuts and Jobs Act of 2017 lowered Federal income tax rates for most Americans. Even though these rates are historically low, how long will they last? Deficits have increased under the current Congress and the National Debt continues out of control. The Tax Cuts and Jobs Act only made the problem worse. A future Congress will need to raise taxes at some point to address the issue. In fact, the current Congress actually built a tax increase into the new law! These tax cuts for individuals expire in 2027.

What does that mean for you and your clients? You have a short window of opportunity to help them take advantage of today’s low rates. In this quick video, I explain how TAX-FREE income from Index Universal Life can help three different types of clients. We will explore how you can help young professionals, pre-retirees and established retirees take advantage of today’s historically low Federal income tax rates.

Life Insurance

Interested in adding more value to your term life…

 
 
Interested in adding more value to your term life insurance sales?
 
 

Price is not always the most important feature for your clients. Learn who offers living benefits, premium discounts, streamlined underwriting and the best conversion options. You’ll never have to rely on price again!

 
Life Insurance

Underwriting with Andrea #2



Declines got you down?
Underwriting is both an Art and a Science. Here at Financial Brokerage we know that the clients you protect have their own unique histories that often present Underwriting challenges. With so many options available, knowing where to start can be daunting. Let us help you choose the right carrier the first time. Stop Declines before they happen and contact me the next time you’ve “got a guy” that you’re not quite sure where to start with. You might just be surprised at what I’ll find…
 
Today’s Challenge
Foreign National, here on an F1 Student Visa from India. The Proposed Insured is also married to a U.S. Citizen and has a job offer in the U.S. making over 65K per year upon graduation. Looking for term or perm coverage to cover final expenses, student loans and to provide for his surviving spouse.
 
The Resolution
The majority of carriers indicated that this would be a decline due to the noted Visa type and the fact that he is married to a U.S. Citizen is a moot point. However, after reaching out to each of our carriers I was able to find one carrier that was willing to consider this risk! While there were stipulations such as the proposed insured being required to have a Social Security number or a tax ID , that one carrier was willing to consider him at a table 2 when no one else would consider him at all. Another win for the Independent Agent!