The weekly reporter gets an upgrade this week! + We’ve packed this edition full of great information including several videos. Be sure to watch and share a video on how life insurance can make a difference in people’s lives.
Video: The Best Thing to do in Case the Worst Thing Happens
There are many reasons for people to purchase life insurance. But helping to guarantee a future for loved ones is usually at the top of the list. For most of us, every month is Life Insurance Awareness Month. But in September we give special emphasis to the many important ways life insurance can protect what’s most important to people. Watch and share this example of the difference life insurance can make in people’s lives. Watch video.
Leveraged Gifting eKit
Making lifetime gifts alone can be an efficient way to transfer assets and minimize gift and estate tax, but the gifts may be leveraged significantly with the purchase of life insurance as these proceeds are generally not subject to income taxes. If properly structured, life insurance proceeds may also be excluded from estate tax. Read more.
Video: An Easier Way to Explain Cash Value
More than a death benefit, permanent life insurance policies offer clients a way to build and use tax-preferred cash value while they are living. This new video offers you an easy way to help clients understand what cash value is and how cash value in a permanent life insurance policy may benefit them. Watch video.
Get Ready for a Great Match
Many clients have life insurance policies but need more coverage. MetLife may be able to match their existing policy – whether it was issued by MetLife or another eligible carrier!
From September 28th through December 31st, 2015, MetLife is offering a quick way for clients to get more life insurance with limited underwriting. The new MetLife Class Match program will issue a new policy matching eligible client’s inforce policy’s underwriting class and face amount, up to $1.5 million. Read more.
Video: Underwriting for Anxiety and Mood Disorders
In 14 minutes or less via this on-demand webinar, learn what you need to know about underwriting anxiety and mood disorders. Since it is pre-recorded, you can access at your convenience. Learn more.
Coming Soon: LTC Rider for Two
Two people, one policy. Affordable long-term care coverage for both. Beginning October 12, 2015, we are adding a long-term care (LTC) rider to the Nationwide YourLife No-Lapse Guarantee SUL II survivorship universal life insurance product. This means clients can elect long-term care coverage for up to two people on one policy. Read more.