Guidelines of Creating Revenue Via Life Insurance

EduTrainer Steve Savant coaches you through the basics of creating cash value build up in life insurance contracts. Edutrainment Workshops: The Essentials for Life Insurance - cash value build up
Over the last decade I have not written a life insurance case for a non-qualified supplemental retirement income scenario on a male - only females within the family. All things being equal, female COIs are considerably less when compared to their same age male counterparts. But with married couples, the majority of sales scenarios, all things are not equal. Females are statistically younger and are more likely to secure a better underwriting offer than males. Female COIs just cost less. Therefore, the female is the insured.
The next step is designing your proposal at the onset with the minimum non-MEC death benefit and reducing the death benefit to the DEFRA corridor as soon as the TAMRA guidelines allow, generating an improved net rate of return during the accumulation period.
The tactical use of level or increasing death benefit depends on the scheduled annual premiums; seven years or less - level death benefit and 12 years or more - increasing death benefit. There are exceptions to the five pay scenarios that may allow increasing death benefit .You'll need to beta test both death benefit options between eight and 11 years to determine the lowest COIs. There are reasons for this, but not for this article.
Indexed universal life has four fixed or variable policy loan options: zero net cost loans, wash loans, spread loans and arbitrated loans (participating.) I try not to use the phrase participating loans because of the confusion with participation whole life policies and especially direct recognition loans.
My first choice is always zero net cost loans - the charging and crediting of the same rate generally 30- 60 days apart. But I'm often forced by competition to use arbitraged loans. In that case, I insert a huge disclosure that caveats the worst distribution scenario of the last decade - where the S&P was in 2001-2003 and 2008 - to illustrate the real loan impact, whether you use variable or fixed policy loans.
This really matters during the income years. We all use look back crediting rates for our proposals. You better start looking back at the last 10 years for distribution scenarios
Life Insurance Basic Entry Manual: Order- [e-mail]
Download Lincoln Benefit Life's user friendly proposal software and follow Steve Savant as he teaches the basic concepts of life insurance at www.lblsales.com/etw EduTrainment workshops is sponsored by Lincoln Benefit Life, An Allstate Company

[@iseqparra5935]

Why doesn’t this have more views?? This is Amazing!

[@nolanroesler4126]

Only 6.7k subscribers. That is why. Share the info, like the video, and subscribe. That is how you can help any channel that you want to support.

[@astroman30]

BORROWING against your own money while the insurance company keeps your cash value, and you think this is a good strategy?

[@dailstancill720]

Capital has to reside somewhere. If in banks, it's usually accessible but earns % nothing. If it resides in a insurance policy It gains 3% minimum whether you take loans or not. Insurance companies are statutory required to make policy loans available at typically 4-5% simple interest. It's collateralized by the death benefit. So you are not borrowing out your money. It stays in the account earning interest while u use the loan proceeds however you wish.

[@astroman30]

@@dailstancill720 "So you are not borrowing out your money." You really have no clue on how CV works. You can only borrow (up to 90%) of the cash value. Keep in mind, unless you purchased a PUA, it takes YEARS to buildup any significant cash value. Why? Because, the first several years of payments are mostly fees/commissions for the LI company. In fact, it takes about 10 years just break even. So yes, you can only BORROW to the amount of money that YOU put in the cash value. What a stupid concept.