Issues Ages: 0-90
Minimum Face Amount: $25,000
Riders included in the policy: Living Benefits, Insurance Exchange, No Lapse Guarantee Rider, Spouse’s Paid-Up Insurance Purchase Option.
Available Riders: Living Benefits, Insurance Exchange, No Lapse Guarantee Rider, Spouse’s Paid-Up Insurance Purchase Option, Accidental Death Benefit, Children’s Insurance, Guaranteed Insurability, Lapse Protection Benefit Rider, Monthly Deduction Waiver, Other Covered Insured
PER CASE MINIMUM PREMIUM REQUIREMENT: $20,000
Financial Markets Inc is in contract with New York Life through the Advanced Markets Network of New York Life. The purpose of the Advanced Markets Network is to provide access to New York Life products through select BGA’s such as Financial Markets Inc for special large cases. To honor the franchise of the Career Agency System of New York Life, Financial Markets Inc is only allowed to facilitate underwriting of cases where total first year premiums per case meet or exceed $20,000.
This includes all funds including planned premium, lump sums and 1035-exchange premium.