How would you like to have a life insurance policy that works the same as a Swiss Army knife?
Not only does it have a guaranteed death benefit to a specific age between 95 and 121, which is chosen by the insured at the time of issue, it also has a Cash-Out rider* which allows the policy to be fully surrendered at the 15th, 20th or the 25th policy anniversary in exchange for a return of up to 100% of the premiums paid. This benefit is among the highest in the industry.
In addition, you will have Living Benefits which accelerate payments in the event of a Terminal Illness and a Chronic Illness Rider (this is similar to a Long Term Care policy). A Critical Illness Rider** will also accelerate payments in the event of a heart attack, stroke, invasive cancer, major organ transplant as well as twelve other listed illnesses.
Today a number of major insurance carriers have stopped writing Long Term Care policies. They include MetLife, Prudential, Genworth and John Hancock to name a few. While they are still servicing their existing books of business, they are giving rate increases from 10-40% annually.
The rates of the above mentioned life policy are Guaranteed NEVER to go up and are some of the most competitively priced in the industry. Issue ages 18-80.
For additional information on this and other available options please contact: Alan Fabricant, RFC at 561.319.7412
* Not available with term insurance
** Not available in New York
