Term “Life” Insurance vs. Term “Like” Insurance gp
Traditional GDI Paradigm Shift
Term Life Insurance Term Like Insurance
Issue age 0 - 80 yrs. old 18 - 80 yrs. old
Level Premium $ 30 - 200/mo $ 10 - 40/mo for life: start to finish,
inscos age, u/w-based want moh? u control & decide!
Return of Premium Yes Yes
Period Covered 5-10-20-30 yrs only Whole Life...and beyond
Premiums via check/auto checking debit/credit card. paypal
No-lapse guarantee Yes Yes
Rider Options Yes Yes
Initial Face Amt $ 10k - 100k $ 0 up to sky’s the limit
Benefits none, while living pays while alive, even if disabled,
When Payable only at death in prison, at death & beyond... Cash Surrender Values none like vul/va, but with no cs charges, immediate vesting.
Underwriting Rqmnts
Medical Yes None-Med
Rating Pref-Std-Smkr-N/S always Pref N/S
Bkgrnd/Credit Check Yes None
Broker/Reps license(s) + compliance KSP ...kahit sino puede, worldwide! all of 200 countries!
Focus & Qualify Good Decent Inspiring persons, www. not just a few countries.
OBA lots of restrictions non-issue, in fact encouraged
Attrition 1 in 5 stay on (20% rr) 8 in 10 stay on (80-85% rr)
Prospects‘ Pool Local, where licensed Any & Every one, worldwide
Best Clients Warmest Targeted Referral Markets
Growth thru t-conversion + more sky’s the limit. your pace,
licensings/hi-maintenance your race, not rat race!
Residuals Yes, only IF u stay on and Yes, and even if, you move on
where vested & licensed. elsewhere. Instant Vesting.
Bottom-Line: Term life is the basic 1st step in estate planning process. Term-like is also that 1st basic step to building solid foundation re: online presence and brand name... establish honesty integrity & earn respect trust. Team Team TEAM puti man o e team. No one left behind, flying in alignment.
