There has never been a better time to write Single Premium Life (SPL) than now! Whether you are an annuity agent, specializing in senior health products or a traditional life agent, you have clients that absolutely need the benefits that SPL provides. These products are better than you remember, because product manufacturers are beginning to understand what many of you have known for years; the need for these products has skyrocketed!
SPL allows your clients to notably grow their estate by immediately increasing the asset, eliminating income taxes and probate fees. The best SPL products offer substantial home health and confined care benefits, supplemental tax-free funds that give your client(s) peace of mind and preserves fragile estates. Most SPL products offer cutting edge indexing options, some offer free annual withdrawals, while some even offer return of premium benefits and guaranteed income payments, and there are even options to convert qualified funds to SPL — a real game changer!
Underwriting is no longer an excuse to forego the SPL market as we can find a home for almost any client. Additionally, carriers know that timing is everything, so most offer quick, simplified underwriting-with some even offering approval over the phone at time of application. If you are not getting solid pre-sale underwriting for your potential SPL business – you need to feel the IAMS difference.
Over 20 years in this marketplace has made IAMS one of the oldest and best SPL marketing organizations in the country, so don’t be satisfied with a brochure and application; work with a team that knows the market, knows the providers and can find the best possible product for you and your clients. Call me on your next potential case and we will review the many advantages of single premium life; when you call, don’t forget to ask about the $1,000.00 commission bonus!