| Product |
Lincoln Financial Group MoneyGuard Reserve
|
One America Asset Care
CLICK HERE FOR PRODUCT INFORMATION
|
GenworthTotal Living Coverage TLC
CLICK HERE FOR PRODUCT INFORMATION
|
| Client Concerns |
1. Protect assets from LTC expenses.
2. Pass money tax efficiently to heirs.
|
1. Pass money tax efficiently to heirs.
2. Protect assets from LTC expenses.
3. Build Cash Value.
|
1. Protect assets from LTC expenses.
2. Pass money tax efficiently to heirs.
|
| Source of Funds |
1. 1035 Exchanges from old Life Policies
2. Cash
3. MoneyMarkets
4. CD’s
|
1. 1035 Exchanges from old Life Policies
2. Cash
3. MoneyMarkets
4. CD’s
|
1. 1035 Exchanges from old Life Policies
2. Cash
3. MoneyMarkets
|
| Min & Max Premium/ |
Minimum Face 25K |
I. 10k -300k Premium |
Minimum Face 50K |
| Face Amount |
Maximum Face 500-700K |
II. 20k -300k Premium
III. 20k -300k Premium
|
Maximum depends on health |
|
|
IV. Ages 20 -50 $100k -$1Mil Face |
|
|
|
Ages 51+ -$50k -$1 Mil Face |
|
| Min/Max Age |
30 -80 |
I. 40-80
3. 60-80
2. 60-80
4. 20-80
|
18 to 79 (ages nearest)
|
| Niches |
- Return of Premium
- Tax Free LTC (large amount
- Life Insurance
- Plan pays for Unskilled & Skilled Care
- Zero Elimination for Home Health
- Built-in Burial Policy(Residual Death Benefit)
- Best for Single Life
|
- Return of Premium
- Tax Free LTC
- Life Insurance (larger amount)
- Pays for skilled care
- Lifetime LTC Rider available
- Cash Value Growth
- Offers plan for qualified money
- Joint Options
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- Return of Premium (after two years)
- Tax Free LTC(large amount)
- Life Insurance (large amount)
- Couples Discount
- Built-in Burial (Residual Death Benefit
- International Coverage
|
| Underwriting and Submission |
Fax 1-page ticket and illustration 30 minute phone interview All forms signed at delivery |
Application, Hippa Form and Cover page is faxed. Phone interview completed with client in office. Non-Bank reps -2 day wait for phone interview MIB, Script check Full UW available if needed |
Full underwriting with table ratings.
Discounts for couples in good health.
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Linked Benefits 
