Ready for a Game-Changing Product?
Do you have clients who want to create a larger legacy for their beneficiaries, while maintaining liquidity with their money? That’s where Smart Builder 3 indexed universal life (IUL) insurance comes in. Use it to help leverage your client’s assets into a larger death benefit and strong early cash values!
How does it help create early cash value?
- ZERO premium load
- ZERO surrender charge (when Waiver of Surrender Charge Option Rider1 is selected)
- ZERO percent floor
- ZERO extra premium for living benefits2
The latest version of this product features some new enhancements to help simplify the process, including:
- Enhanced Pending Business
- Getting notified sooner if your client doesn’t qualify for WriteAway® so you can prepare them for labs/exam3
- New Flexible Benefit Rider included for added protection
1. Surrender charges will not be waived if the policy is surrendered under an external 1035 exchange (except in FL). A decrease charge will be assessed if a reduction in the specified amount is requested during the waiver of surrender charge period. However, if a partial withdrawal results in a reduction of the specified amount, the withdrawal charge is waived. There is an additional charge for this rider and it must be applied for at the time of application.
2. Accelerated Death Benefits/Living Benefits are subject to eligibility requirements. There is no additional Monthly Deduction or premium charge for the Accelerated Death Benefit Endorsement. However, the actual payment received in connection with any acceleration will be discounted and is lower than the Death Benefit amount accelerated. In addition, there is an administrative fee required each time an Election is made.
3.WriteAway is not available in California for Smart Builder IUL3.