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Secure Your Family’s Home with Term Life Express - Protect Your Mortgage Balance Today!

Presenting Term Life Express as a solution to protect clients’ homes by ensuring their families can stay in case of premature death. Term Life Express offers a complete portfolio of 15, 20, and 30-year products with competitive compensation. It includes four riders/provisions and simplifies the issue process for coverage up to $400,000. The express underwriting feature allows for a quick and easy application process with only seven health questions to qualify. Target clients with mortgage balances, especially those expecting a child or buying their first home, and reassure them about securing their financial legacy. Offer customizable options like the Residential Damage Waiver of Premium Rider and the Unemployment Waiver of Premium Rider for added protection. Act fast with the 5-day issue for clean applications and provide peace of mind for your clients.

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Secure Your Family’s Home with Term Life Express - Protect Your Mortgage Balance Today!

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  1. Help Clients Prevent Their Own Mortgage Crisis

  2. Sales Scenario: Help Clients Prevent Their Own Mortgage Crisis

  3. Sales Scenario: Help Clients Prevent Their Own Mortgage Crisis

  4. Help Clients Prevent Their Own Mortgage Crisis Best Opportunities: • Clients with a mortgage balance • Clients with children expecting a new child • Clients purchasing their first home The Solution: Term Life Express

  5. The Solution: Term Life Express • Age Last Birthday Company • Complete portfolio of 15, 20 and 30 year products • Competitive compensation • Simplified issue up to $400,000 • Four riders/provisions included with policy • Residential Damage Waiver of Premium Rider • Unemployment Waiver of Premium Rider • Accelerated Death Benefit Provision • Common Carrier Death Benefit Provision • Knock-out application • 5-day issue for ‘clean’ applications

  6. Protect Your Client's Financial Legacy from Market Declines How to Present to Clients: • Target clients with mortgage balances on their family home • Use this customizable consumer flyer to start the discussion. • Reassure them that you have a solution to make sure their family will be able to stay in their current home if they die prematurely.

  7. Term Life Express 15-20-30

  8. TLE Portfolio • TLE: 15/15 • TLE: 15/15 ROP • TLE: 20/5 • TLE: 20/20 • TLE: 20/20 ROP • TLE: 30/5 • TLE: 30/30 • TLE: 30/30 ROP

  9. WV MI NV TN SC TX United of Omaha Term Life Express TLE State Availability (As of 1/15/10) WA NH ME VT MT ND OR MN ID MA NY WI SD RI WY CT PA IA NJ NE OH IL IN DE UT CA CO MD VA MO KS KY DC NC AZ OK AR NM GA MS AL LA AK FL HI

  10. Express Underwriting Risk Classes: Standard and Standard Non-Tobacco Express Underwriting up to $400,000 To order Oral Swab Kits, contact Sales Support at 800-693-6083

  11. Riders/Provisions (Included with Policy) • Residential Damage Waiver of Premium Rider: Waives premiums for six months if primary residence sustains $25,000 or more in damage • Unemployment Waiver of Premium Provision: Waives premiums for six months if Insured becomes unemployed • Accelerated Death Benefit Provision: Accelerated 92% of the death benefit if Insured’s life expectancy is 24 months or less • Common Carrier Death Benefit Provision: Doubles the death benefit up to $250,000 if Insured dies on a common carrier (plane, bus, train, etc.) TLE offers four riders and provisions included with the policy:

  12. Additional Riders TLE offers four additional riders: • Disability Income Rider: 18 or 30 month benefit; Maximum benefit: 1.5% face; $3,000/month; 60% of monthly gross income • Waiver of Premium Due to Disability Rider: Waives 100% of premium; ‘Any Occupation’ definition of disability • Accidental Death Benefit Rider • Issue Ages 15-25: $100,000 • Issue Ages 26-55: $250,000 (one 1 times the face amount, whichever is less) • Dependent Child Rider • Available in $5,000 or $10,000 • Annual premium is $7.20/$1,000 of insurance

  13. Express Application • ‘Knock out’ application • Allows the producers to know if the prospect qualifies • Only SEVEN health underwriting questions • Husband and wife can be on the same application • One signature covers Application, BSP and MIB • Can issue in under FIVE DAYS on clean applications

  14. Application(Demographics)

  15. Underwriting(Questions 1-3)

  16. Underwriting(Questions 4-7)

  17. Application(Face/Plan)

  18. Application(Riders)

  19. Application(Premium)

  20. Application(Bank Service Plan)

  21. Application(Conditional Receipt)

  22. TLE Summary • Age Last Premium • Complete portfolio of 15, 20 and 30 year products • Competitive compensation • Simplified issue up to $400,000 • Four riders/provisions included with policy • Residential Damage Waiver of Premium Rider • Unemployment Waiver of Premium Rider • Accelerated Death Benefit Provision • Common Carrier Death Benefit Provision • Knock-out application • 5-day issue for ‘clean’ applications

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