Great Ideas for Unique Insurance Sales Opportunities: BABY BOOMERS ARE CRYING FOR HELP!
Traditional Disability Buy/Sell Insurance policies begin to decrease in value as the insured person reaches age 60. A Solution to the Disability Buy/Sell Funding is replacement of a sick and dying plan with a perky, full benefit plan. There are two ways to save the consumer:
1. Replace the plan for participants in or near age 60 with a full-benefit plan that does not reduce benefits automatically at age 60, and is available beyond age 65.
2. Or use the Golden Spike* Plan which increases benefits each year equivalent to the old, dying plan’s annual benefit reduction. The Golden Spike Plan joins the old and the new coverages to provide non-diminishing benefits as the old plan dies and the new plan carries on its duties.