This is seemingly the base definition of the purpose of insurance, but there are additional caveats based on the specific design of the products.

A product that has gained substantial traction is the Indexed Universal Life policy, a Fixed Life product that can offer clients the potential for growth and protection from market loss.

The Income Provider Option from a few of our selected carriers allows the policy owner to select a guaranteed annual or monthly income stream death benefit for payment to one or more beneficiaries.

Your client’s needs are changing each year and the task of making sure that they are adequately insured rests with you, the producer.

One way to help your clients effectively plan for their long-term needs is to discuss the term conversion option.