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A Family Affair
Having Your Life Insurance
Cover Many Needs
MEET JOHN AND CINDY JONES
• John is 35 and works in Medical Sales. He makes
approximately $125k annually.
• Cindy is 30 and is the Office Manager for small Law
Firm. She makes $50k annually.
• They were married two years ago and are
expecting their first child in two months.
• They also want to start saving for the Children’s
College and Retirement
MEET JOHN AND CINDY JONES
• After reviewing their needs, they are comfortable with
$1 Million coverage on John and $500k on Cindy.
• Because of the length of time available, they are willing to
take some risk for better returns, but are afraid of losing
their earnings.
• Cindy’s grandmother is currently in a Nursing Home facility
and both John and Cindy want to consider insuring this
need if it is not too costly.
• They are comfortable with premiums of $400 $500 per month.
MEET JOHN AND CINDY JONES
What Solutions would you
provide?
MEET JOHN AND CINDY JONES
One Solution
• WealthAdvantage IUL
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$500k Base on John
$500k 20 Yr Term Rider (John)
$500k 20 Yr Term Rider (Cindy)
Life Enhance Accelerated Benefit Rider on John
$10k Child Income Rider
• Monthly Premium of $333.12 paying to Age 65.
MEET JOHN AND CINDY JONES
Results
• Meet all of their needs for under $400/Month in one policy.
• If they pay $500/Month, they will have an extra $75k of
available cash in 18 years @ 6.56% assumed allocation.
• They can convert John’s and Cindy’s $500k term to
permanent in the future, as their financial situation
improves.
• Harder to replace, as usually need several policies to do so.
MEET JOHN AND CINDY JONES
Alternative Solution
• A less costly alternative is:
• WealthAdvantage IUL
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$200k Base on John
$800k 20 Yr Term Rider (John)
$500k 20 Yr Term Rider (Cindy)
Life Enhance Accelerated Benefit Rider on John
$10k Child Income Rider
• Monthly Premium of $234.62 paying to Age 65.
Creating Solutions for Life…
QUESTIONS?