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FOR AGENT USE ONLY NonMed Term 350 For Agent Use Only H280-0710. Policy Form I L0760 Product & rider availability, features and rates may vary by state.

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Presentation on theme: "FOR AGENT USE ONLY NonMed Term 350 For Agent Use Only H280-0710. Policy Form I L0760 Product & rider availability, features and rates may vary by state."— Presentation transcript:

1 FOR AGENT USE ONLY NonMed Term 350 For Agent Use Only H Policy Form I L0760 Product & rider availability, features and rates may vary by state. Policy may contain reductions of benefits, limitations and exclusions. From Assurity Life Insurance Company

2 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 Product Highlights A. Requires no medical exams - Processed through Assuritys automated underwriting system B. Issue Classes - Select+ non-tobacco/tobacco - Select non-tobacco/tobacco - Standard non-tobacco/tobacco C.Death Benefit Min/Max - $50,000-$350,000 D. Living Benefits (see Riders) E. Premiums - Level and guaranteed - 10, 15, 20 or 30 years - Convertible to whole life - Annually renewable after term period

3 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 F.Monthly DI Rider - Up to $3,000/mo. - 2 yr. benefit - 90-day elimination G.Accident Only DI Rider - Lesser of 1.5% of base or $3,000/mo. - 2 yr. benefit - 90-day elimination H.Critical Illness Rider - $100, category approach I.Childrens Term Insurance Rider J.Return of Premium Rider (available on 20-year and 30-year plans) K.Policy Fee - $70, commissionable Product Highlights Continued

4 FOR AGENT USE ONLY

5 Decision Automated Underwriter Understanding the Automated Underwriting Engine Process Home Office E-Application

6 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 Assurity Niches Non-Medical Convenience – no needles or fluids Affordable Price – our Select+ rates are beating many of the Term shops standard rates, and our policy fee is commissionable Convertibility – immediate up to 2 years prior to term expiration Critical Illness Rider – yes, even on a non-med basis!! Critical Illness Rider – does not reduce/accelerate death benefits Applications – paper application and E-application Automated Underwriting Engine 2 nd Chance Underwriting – Not Accept/Reject

7 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 The Situation Little Life Insurance/No Life Insurance Know anyone like this? House debt Credit cards Student loans Car payments House Cars 401(K) IRA LiabilitiesAssets House Cars 401(K) IRA House debt Credit cards Student loans Car payments

8 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 What Could We Do? The answer is simple: – Term insurance up to $350,000 – No medical You have the protection you need then, right?

9 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 What Could We Do? The answer is simple: – Term insurance up to $350,000 – No medical You have the protection you need then right?

10 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 We protected them against death... Yes, But what about Life?!?

11 FOR AGENT USE ONLY Disability Income Rider Every 1.5 seconds someone is disabled in the U.S. Every 8 seconds someone is disabled by a work injury in the U.S. National Safety Council, Injury Facts 2002 Editions What about the 25% of people who become disabled longer than 6 months?

12 FOR AGENT USE ONLY Critical Illness Rider Nearly 1.5 million Americans declared bankruptcy in % listed unpaid medical bills Nearly half (46%) met at least one of the criteria for major medical bankruptcy *2004 Harvard Study on Bankruptcy What about the 48% of people who file for bankruptcy while having a major medical condition?

13 FOR AGENT USE ONLY Male, 35, Non Tobacco, Select + – $300,000 Death Benefit – $1,500 DI Rider – $25,000 CI Rider – $70.27/month

14 FOR AGENT USE ONLY Form No. I L0760, R I0762, R I0763, I L0760, R I0827-T, R I0767 Prospecting Young Families Mortgage Script Existing Client Base Affordable Alternative to Permanent Insurance

15 FOR AGENT USE ONLY


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