Meet Mark. He purchased a whole life insurance policy years ago and is up for his regular review with his financial professional.
When he purchased his whole life policy, his circumstances and needs were different. Now as he discusses his needs, he identifies long-term care concerns.
His financial professional suggests exchanging his whole life policy for a protection VUL policy with optional long-term care expense protection. As an added bonus, this new policy allows him to pay less or no premiums for the same protection.
See the options available in Mark’s policy review
Start a conversation
Review your client’s current coverage and ask about what’s going on in their lives:
- What was the original purpose of your current policy?
- Have any significant events happened over the past year? (marriage, new home, new baby, downsizing, etc.)
- Do you wish that your policy could help you accomplish other goals?
- Would you like to see if there are other more efficient options that can help you meet your objectives?
See how a VUL can help your client.