Do you have clients who have been declined for life insurance or long term care insurance (LTCi) coverage?
An index annuity with enhanced death benefit value could help.
Certain fixed index annuity products have benefits that can provide enhanced death benefit values or enhanced payouts for long term care needs. Many of these products can provide these benefits for little or no additional cost and with no medical underwriting. If you have uninsurable clients, or clients who received substandard underwriting offers, we want to talk to you.
How does it work?
While this is not a replacement for LTCi, it’s a valuable benefit for clients who have been declined for LTCi but still need help paying for their medical care.
For Insurance Professional Use Only. Not intended for use in solicitation of sales to the public. Not intended to recommend the use of any product or strategy for any particular client or class of clients. For use with non-registered products only. Products and programs offered through GPA are not approved for use in all states. Products are subject to the terms and conditions of the annuity and/or insurance contract issued by the carrier. GPA makes no representation regarding the suitability of this concept or the product(s) for an individual nor is GPA providing tax or legal advice. Clients should always consult their own tax, legal, or other professional advisor.