Tag Archives: Lincoln Financial

The New Generation of Living Benefit Riders

This is Part 2 of our follow up to the Preferred Partners Event this past Thursday, November 12, 2015!  Policies with living benefits allow clients of qualifying policies early access to the death benefits of their life insurance policies during their lives.  When a client needs access to cash as a result chronic, critical, or terminal illnesses, the living benefits that can be included in their life insurance policies can make all the difference in the world.  As a relatively new aspect of life insurance, living benefits were not around for policies written over 5 years ago.  You have the potential to be a hero for your client in their time of need. When reviewing your client’s insurance needs, consider Protective Life’s Custom Choice UL and their accompanying Extend Care Rider.

We have provided some basic details below and provided supporting documentation on the specifics of each of the products here to make life easier for you, because that is what we do!  Take a look at the descriptions below and click on the links to view or download the PDF’s of the supporting product information!

Protective

  • Protective Extend Care Rider
    • Offered on Protective’s Custom Choice UL described below.
    • A minimal cost Chronic Illness Rider offered on the UL products.
    • No rebated death benefits like North American does.
    • Access to 100% of the Death Benefit.
    • The client can specify the monthly benefit and use it as they please.
      • $250 minimum monthly benefit.
      • $9,900 maximum monthly benefit.
      • (No more than 5% of the Death Benefit).
      • 3 or 12 month waiting period.
    • Qualifications.
      • Available for ages 20-80.
      • Death Benefits of $100,000 – $5,000,000
      • Be without 2 of 6 ADL’s for 90 days.
    • Protective Extend Care Rider Facts
    • Protective Extend Care Rider Product Guide
  • Protective Custom Choice UL.
    • A preferred UL product offered by TFS.
    • Utilize the quick “e-ticket” on the TFS website.
    • Run a quote on our website and compare by various available guarantees right there.
    • Quote and submit an application on our website in under 10 minutes.
    • Highly customizable guarantee periods can allow for structuring like a 5 or 10 year term product for older client’s that might otherwise be too old for term.
    • A 61 day Grace Period.
    • Has an available IPO (Income Provider Option) Rider free of charge that can lower the cost of the premium by 5-10% by spreading out the death benefit through multiple payments.
      • This is a great way to help sell the additional cost of the Extend Care Rider.
    • Protective Custom Choice UL Product Guide

Keep your eyes open for the remaining two parts of the follow up to the Preferred Partners Event from Thursday, November 12, 2015, or check out the previous one!  There will be some exciting information on the following topics!

If you have questions regarding these products, please contact our Business Development Specialist, Thomas Hyland Jr.

Thomas P. Hyland, Jr.
Business Development Specialist
(732) 758-9300 x127
THylandJr@TFSweb.com
www.tfsweb.com

TFS Insurance Brokerage, Inc.

Insurance Products Offered through TFS Insurance Brokerage, Inc.
Securities Offered Through TFS Securities, Inc. Member FINRA & SIPC
Investment Advisory Services Offered Through TFS Advisory Services
Mortgages Offered Through TFS Mortgage Corporation, Inc.

The Missing Link For Your Client – Linked Benefit Products

This is Part 1 of our follow up to the Preferred Partners Event this past Thursday, November 12, 2015!  For those who do not know, Linked Benefit Products are a hybrid product, combining the benefits of Life Insurance, Long Term Care, and Annuities.  We want to familiarize you with the premier options that TFS Insurance Brokerage has available for your clients.  We have analyzed the advantages of the three main players in the Linked-Benefit market and provided supporting documentation on the specifics of each of the products here to make life easier for you, because that is what we do!  Take a look at the descriptions below and click on the links to view or download the PDF’s of the supporting product information!

Keep your eyes open for the remaining three parts of the follow up to the Preferred Partners Event from Thursday, November 12, 2015!  There will be some exciting information on the following topics!

  • THE NEW GENERATION OF LIVING BENEFIT RIDERS
  • THE BEGINNING OF FIRST-TO-DIE POLICIES
  • NOT ALL TERM PRODUCTS ARE CREATED EQUAL

If you have questions regarding these products, please contact our Senior Care Specialist, Ted Durante, or our Business Development Specialist, Thomas Hyland Jr.

Ted Durante
Senior Care Specialist
Phone: (732) 758-9300 x163
Email: TDurante@TFSweb.com

Thomas P. Hyland, Jr.
Business Development Specialist
Phone: (732) 758-9300 x127
Email: THylandJr@TFSweb.com

TFS Insurance Brokerage, Inc.

Insurance Products Offered through TFS Insurance Brokerage, Inc.
Securities Offered Through TFS Securities, Inc. Member FINRA & SIPC
Investment Advisory Services Offered Through TFS Advisory Services
Mortgages Offered Through TFS Mortgage Corporation, Inc.

 

Exciting information you might have missed from TFS Insurance Brokerage!

 

 

 

 

 

 

To all our valued representatives:

We would like to thank all of you who attended the Preferred Partners Event this past Thursday, November 12, 2015. For those who were unable to attend, you missed out on some great discussions. We wanted to send you some supporting documentation for the topics covered. Since we went over a great deal of information, we are going to be dividing the information for convenience and periodically sending it out over the next two weeks for you to read and learn about. Take a look at a summaries below of the information you can expect to see, and we look forward to seeing everyone at the next event!

To view or download this letter in PDF format, please click this link.

11-12-15 Meeting Letter

To view or download this letter in PDF format, please click this link.