Now more than ever it’s time to complete a life insurance review of your customers who own term insurance. Determine whether they need to step up to the next level with a permanent life insurance policy as the next step to help solidify their and their family’s financial security.
Lincoln Benefit Life’s STEP (Simplified Term Exchange Program) may be just the solution to your customer’s needs. STEP provides the opportunity for a term policyholder with an eligible carrier to purchase a permanent life insurance policy from LBL, with simplified underwriting.
Benefits and Guidelines
• Underwriting limited to tele-interview, prescription drug check and MIB |
• Available up to age 65 |
• Coverage available up to one million dollars |
• Up to 50% Prime Term Rider blend allowed |
• The original term policy must: |
• have been issued by an eligible carrier within the past 5 years at standard or better rates |
• have been fully underwritten, not issued under a table shave, simplified, or guaranteed issue program |
• still be in force and eligible for conversion with the original carrier |
Take advantage of LBL’s STEP Underwriting Program to help provide your customers with a simple way to secure permanent life insurance coverage. Call Us or CLICK HERE to request additional information.
