Comments on: A New Twist On Term Insurance! http://hinermangroup.com/blog/insurance/a-new-twist-on-term-insurance/ The Agency You Can Trust In Life Mon, 28 Jun 2010 15:20:20 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Hinerman http://hinermangroup.com/blog/insurance/a-new-twist-on-term-insurance/comment-page-1/#comment-24477 Hinerman Wed, 18 Mar 2009 16:51:09 +0000 http://hinermangroup.com/blog/?p=1268#comment-24477 So, whether they choose to spread the death benefit over a beneficiary's life or a 10 year period, the bottom line is that it takes away the flexibility to meet needs as they may actually exist. So, whether they choose to spread the death benefit over a beneficiary’s life or a 10 year period, the bottom line is that it takes away the flexibility to meet needs as they may actually exist.

]]> By: Michael @ The Life Insurance Insider http://hinermangroup.com/blog/insurance/a-new-twist-on-term-insurance/comment-page-1/#comment-24476 Michael @ The Life Insurance Insider Wed, 18 Mar 2009 16:22:06 +0000 http://hinermangroup.com/blog/?p=1268#comment-24476 I found some marketing materials. It looks like they aren't paying an annuity. The customer chooses the income amount and duration at issue. So your $500,000 death benefit is really 10 annual payments of $50,000 not a $500,000 annuity. They are pulling the old lottery scam. http://www.janthonygroup.com/uploads/WCLIncomeReplacementTerm.pdf I found some marketing materials. It looks like they aren’t paying an annuity. The customer chooses the income amount and duration at issue. So your $500,000 death benefit is really 10 annual payments of $50,000 not a $500,000 annuity. They are pulling the old lottery scam.

http://www.janthonygroup.com/uploads/WCLIncomeReplacementTerm.pdf

]]> By: Hinerman http://hinermangroup.com/blog/insurance/a-new-twist-on-term-insurance/comment-page-1/#comment-24473 Hinerman Wed, 18 Mar 2009 15:33:41 +0000 http://hinermangroup.com/blog/?p=1268#comment-24473 The lowered rates are based on the fact that Protective Life is not bound to pay a lump sum death benefit on those policies. That idea has been floated for some time as one way to lower rates. The other idea still hanging out there is a non convertible term policy. The lowered rates are based on the fact that Protective Life is not bound to pay a lump sum death benefit on those policies. That idea has been floated for some time as one way to lower rates. The other idea still hanging out there is a non convertible term policy.

]]> By: Michael @ The Life Insurance Insider http://hinermangroup.com/blog/insurance/a-new-twist-on-term-insurance/comment-page-1/#comment-24472 Michael @ The Life Insurance Insider Wed, 18 Mar 2009 15:18:36 +0000 http://hinermangroup.com/blog/?p=1268#comment-24472 Ed, How are they lowering the rates? Are they lowering the rates by purchasing a life annuity with a really favorable interest spread for the company? Ed,

How are they lowering the rates?

Are they lowering the rates by purchasing a life annuity with a really favorable interest spread for the company?

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