SPWL Case Studies

Female- Age 65, Non-Tobacco User:

  • Has only $2900 of cash value left in her current UL policy
  • Coverage will lapse after one more policy year, despite having paid premiums for 25 years
  • Client would not qualify for standard issue underwriting
  • Remaining Cash Value will buy $5000.00 – Tax Free Guaranteed Death Benefit
  • Agent Commission – 12%!!

Male- Age 77, Non-Tobacco User:

  • Has $68,000 of cash value left in his current UL policy
  • Coverage will lapse after within 4-6 years, despite having paid premiums for 21 years
  • Although he could get through underwriting, client does not want to continue making premium payments
  • Remaining Cash Value will buy $91,511 – Tax Free Guaranteed Death Benefit
  • Agent Commission – 6%!!