What do I do next?

Here’s how you can help your clients bridge the life insurance gap with Term Lifextender™:

  1. Find out the answers to the three questions
  2. Discuss the advantages of Term Lifextender™ with your client
  3. Complete a qualification checklist and send to us, along with your client’s current term insurance policy

What do we do?

Upon receipt of application, we will:

  • determine if your client is eligible for TLE
  • provide you with a customized proposal
  • provide a complete Closing Package for the insured

If the proposal is accepted, once the insured converts the policy we will:

  • establish a revocable trust
  • transfer the policy to the trust
  • complete a split-dollar agreement
  • complete a collateral assignment
  • administer the program during the extension period

 

Next: How does a split-dollar loan work?