Global Atlantic Guaranteed Term Exchange Program
With Global Atlantic's Guaranteed Term Exchange Program, your clients can get valuable, permanent life insurance protection with NO UNDERWRITING!
Through this program, individuals have the option to convert their term policies, issued by an eligible carrier in the last 3 years, to any of their current single-life indexed universal life products up to $1,000,000 and age 65. Read how the program works...
Ameritas External Conversion Program
Do you have clients with term insurance that was written in the last 5 years, who could benefit from the advantages of permanent life insurance protection? The External Term Conversion Program can help with permanent life insurance coverage for your client up to $1,000,000 and age 65. Read how the program works...
Global Atlantic's Additional Insurance Program!
Do you have clients who recently obtained permanent life insurance, but now have a need for extra coverage? With Global Atlantic's Additional Insurance Program, your clients may be eligible for additional coverage with limited or no additional underwriting up to $1,000,000 and age 65. Read how the program works...
More Non Med and Guaranteed Issue Options From Cenco
To help you decide which Non Med and Guaranteed Issue Option is for you and your clients, we have compiled a spreadsheet of all the programs available to you. Call us if you need additional information. We are here to help.
Insurers Have Started Pulling Some Products Amid Volatility And Low Interest Rates
What does this mean for you? It may be a good time for you to remind and encourage your clients considering term or NLG coverage to act now! Given the experience with this pandemic, both insurers and reinsurers will be more conservative in the future when pricing for mortality. This coupled with lower product investment spreads may serve to make future life and annuity products less competitive. To date some carriers have already increased their NLG premiums and removed their 30 year term products. More information will follow in the coming weeks.
A Message From Cenco Insurance Marketing
Erik from Cenco Insurance Marketing has a message regarding the difficult times we are in right now due to COVID-19