With the SEC requiring insurance agents to be security licensed to sell Index Annuities in the near future, agents are looking to other financial products to sell. They need to look no further than the funeral trust. Where can you go today, says Mike O'Dell, and make an extra 7K or more a month just selling two or three cases.
This product is Simple and Easy to sell. The Elder Law Attorney, Financial planner, and the insurance agent need to educate their senior clients on the benefits of the funeral trust.
As one attorney said, the funeral trust should be part of every senior's estate plan.
It just make common sense.
Asset protect of funeral funds is important since 93% of all seniors don't have long term care insurance. With the "Deficit Reduction Act" being implemented in most states, it makes it hard for seniors to protect assets if they enter a nursing home. The funeral trust is Medicaid exempt in most states and does not have a FIVE YEAR look-back.
The funeral trust is a great planning tool for pre-planning and crisis planning.
Here are some features of the single premium life product with the funeral trust -
1.) issue ages 0-99
2.) No underwriting - Guaranteed Issue
3.) Funeral Trust Document provided by insurance company
4.) Medicaid Exempt in most states offering nursing home protection
5.) No Look-back on funeral trust
6.) Huge Commissions
7.) 1035 are accepted from old unprotected life policies
8.) Asset protection of funeral funds
9) Policy death benefit grows each year - Inflation protection
If you aren't selling the funeral trust to your clients, someone else will!
Call Delco Brokerage for more information 877-336-7782
Website - www.delcous.com
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National Distributor of the Irrevocable Funeral Trust Final Expense Plan.
Sales are up 245% from Last Year.
Delco Brokerage moves operation to new corporate offices to better serve our agents.