Skip to content
Financial Brokerage
  • Markets
    • Annuities
    • Disability Income
    • Employee Benefits
    • Final Expense
    • Health
    • Life Insurance
    • Long Term Care Insurance
    • Medicare
    • Worksite
    • All Markets
  • Contracting
  • Quotes
  • New Business
    • iGO-e-app
    • Drop Ticket
    • Medicare Supplement New Business Submission
    • Forms
    • Underwriting
      • Accelerated Underwriting Guide
      • Nailba Field Underwriting Guide
      • Underwriting Requirements
      • XRAE
  • Incentives
    • Incentive Trip
      • Napa Valley 2026
      • Cabo San Lucas 2025
    • Carrier Trips
    • Account Summary
    • Shared Success
    • Cash In on Your Success
    • Standings – See Where You Rank
  • Social Media
  • Services
    • Advanced Life Case-Design Specialist
    • Blog
    • Email Marketing & Newsletters
    • Website Hosting
  • Training
    •  Basic Training for Life Insurance Sales
  • About Us
  • Login
Presented by Jim Linn Most clients’ largest financial debit is their home and if something were to happen to them they want the mortgage paid off.  We have heard this countless times from clients. If you had the ability to show them a product, that not only covers the mortgage should they die prematurely, but if alive, also provides them a cash benefit to pay off the house early and save THOUSANDS, do you think they would be interested? Who wouldn’t be!  I am using a custom ROP Term rather than the traditional 20, 25 or 30 year plan.  Why?  First, it is different than what your competition shows them and second, you can customize the time frame based upon your individual clients’ mortgage lengths.  Option A:  Your Client: Male 35 PNT $250K 30 year Mortgage at 4% interest. Monthly Payment: $1200 (Principal and Interest)  Product: $250K 28 Year ROP Term Annual Premium: $787.50 28th Year ROP Amount: $22,050 (787.50 x 28 Years) 28th Year remaining loan balance:  $25,278  By applying the $22,050 to the existing loan balance that leaves a balance of $3,228.  The client could either pay it off entirely from savings, cash on hand, or simply make 3 more payments.  Your client just saved themselves $28,800 ($1200 x 24 payments) and covered their mortgage should they die prematurely.  Option B:  Male 35 PNT $250K 30 year Mortgage at 4% interest. Monthly Payment: $1200 (Principal and Interest)  Product: $250K 30 Year Term Annual Premium: $307 30 Years x $307= $9210    Your client can take the cheap option and hand over $9,210 at the end of 30 years or take the SMART option and save THOUSANDS of dollars and pay off their home early.  Which option do you think they will choose?  Call your Life Marketer at 800-397-9999 for details  P.S. – Don’t forget about coverage on the spouse as well.  This multiplies the benefits of Option A.
National Western – Holiday Cut-Off Dates
American National – California Accelerated Benefit Riders Webinar

Recent Posts

  • Direct-to-Consumer Life Insurance Sales
  • Seven Reasons To Offer Single Premium Whole Life
  • He said, she said…Long-term care solutions spouses can agree on
  • The BIG 3 Advantages of IUL
  • The Sequence of Returns Does It Really Matter in Retirement?

Archives

Categories

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Financial Brokerage logo
  • 402-697-9998
  • 800-397-9999
  • 11301 Davenport St
  • Omaha, NE 68154-2629
  • About Us
  • Privacy Policy
  • Blog
  • Change Password
  • Facebook
  • Instagram
  • LinkedIn
  • YouTube
  • All rights reserved ©2022 Financial Brokerage.
  • For agent use only. Not for public distribution.
Theme by Colorlib Powered by WordPress