• Guaranteed Issue product; great for uninsurable clients looking for a low death benefit policy. NO QUESTIONS on the applications for clients ages 40 to 80.  Graded Death Benefit for the first 2 to 3 years depending on state and age.

The Simplified Whole Life policy is perfect for clients who are not in the best of health, possibly looking for a burial policy.  They will allow up to age 85 (age nearest birthday), and $20,000 of guaranteed death benefit.  The underwriting process includes seven medical questions with policies being issued within 48 hours.  If a client does not medically qualify for this product they can qualify for the guaranteed issue or graded benefit policies depending on age and resident state.

Excerpt from Website identifying different types of annuities (disregard rates which have undoubtedly changed), including Split Annuity product.

Excerpt from Website describing Rated or Substandard Annuities which involves medical underwriting to substantiate shortened life expectancy to maximize annuity pay-outs. The sizzle of a Rated Annuity is “Increased payments help make it possible to meet increased living costs, or to pay the increased premiums on a rated life insurance or long-term care policy.”

Excerpt from Website describing 2 life products:

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1. Rated Annuities

1. Life Products