Reminder: Decreased Asset Care Pricing
I’m happy to announce that our second decrease in Asset Care Pricing this year is effective 12/09/22, as is the increased bonus feature on our qualified dollar strategy now at 25% vs the former 20%! To give you an idea of the added value for Asset Care, I’ve included some actual comparison figures in the grid below. I’ve also attached the official financial professional facing PDF announcement with details which you can certainly share with your agent base.
Asset Care Premiums – Joint Policy, Male age 60 and Female age 60, non-smokers
- $200,000 survivorship death benefit with a 3% mo. AOB = $6,000 mo. each for LTC*
- Included Lifetime COB Rider payable at the same $6,000 mo. each for LTC for Life*
| Former Asset-Care Premium | NEW 12/9 Asset-Care Premium | |
|---|---|---|
Asset-Care Single Premium
| $160,402 | $138,448 |
Asset-Care Single Premium
| $103,574 | $81,620 |
Asset-Care (IRA Funded)
| $167,017 | $149,680 |
Asset-Care Recurring Premium
| $37,864 | $35,306 |
Asset-Care Recurring Premium
| $20,042 | $18,710 |
*Asset-Care Return of Premium
| $125,940 | $101,292 |
*Asset-Care ROP has a max. AOB of 2% per month and a COB limited to 50month (Lifetime not available). Cases must be preferred, not rated.
It’s also important to note that any pending cases you have in house that issue 12/09/22 and beyond will automatically receive the new pricing so you’ll notice more robust benefits using the same premium!