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Legacy Estate Maximizer SPWL Underwritten by Assurity Life Insurance Company Presented by Chris Geyer, CLU, ChFC PowerPoint Presentation
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Legacy Estate Maximizer SPWL Underwritten by Assurity Life Insurance Company Presented by Chris Geyer, CLU, ChFC. Legacy SPWL - Designed For Annuity Agents!. Annuities do a great job in providing: Guaranteed lifetime income Accumulation of assets on a tax-deferred basis.

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Legacy Estate Maximizer SPWLUnderwritten by Assurity Life Insurance CompanyPresented by Chris Geyer, CLU, ChFC

slide2

Legacy SPWL -

Designed For Annuity Agents!

Annuities do a great job in providing:

  • Guaranteed lifetime income
  • Accumulation of assets on a tax-deferred basis.

But annuities were never designed to efficiently transfer wealth to the next generation.

For Agent Use Only

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Most annuities involve money that retirees don’t plan to spend.

  • Only 10% actually annuitize their policy.
  • 6% took withdrawals as needed.
  • 84% of annuity owners died with their annuities intact.

For Agent Use Only

at death gain in annuities is taxed1
At Death, Gain In Annuities Is Taxed.

Taxable or TAX-FREE?

Example: After Tax Annuity Value Transferred Into Legacy SPWL

For Agent Use Only

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The Single Premium Life Sale

It’s All About Suitability!

For Agent Use Only

confined care rider
Confined Care Rider

61 Year Old Female NS

$100,000

$198,529

$183,529

$3,971

*Confined Care is not available in Alabama, Connecticut, Florida, Maryland,

Massachusetts, New Jersey, Oregon, Washington.

community care rider
Community Care Rider

70 Year Old Female NS

$100,000

$155,839

$140,839

$1,558

*Community Care is not available in Alabama, Connecticut, Florida, Kansas, Kentucky, Louisiana, Maryland,

Massachusetts, Minnesota, Mississippi, North Carolina, Ohio, Oklahoma, New Jersey, Oregon, South Dakota, Utah

and Washington.

terminal illness rider
Terminal Illness Rider

69 Year Old Male NS

$100,000

$144,883

$144,883

last survivor life
Last Survivor Life

72 Year Old Male NS - Insurable

61 Year Old Female NS - Uninsurable

$150,000

$202,244

$308,456

*There is no Confined Care, Community Care or

Terminal Illness Rider on the last survivor option.

product specs
Product Specs
  • Issue Age 0 to 85
  • 15% Agent Commissions
    • No reduction @ older ages
    • No chargebacks due to death in early years of contract
  • Up to Table 4 Issued Standard
    • Table 8 rating available up to age 80
  • Also available on a limited-pay basis
  • Minimum $5,000 Death Benefit
  • Maximum Net Amount At Risk:
      • Ages 0 – 65 - $200,000
      • Ages 66 – 85 - $150,000
quick process
Quick Process!
  • Underwriting Decision Within 72 Business Hours!
    • 1 – Approval
    • 2 – Declined
    • 3 – Sub-standard Offer
    • 4 - APS
who should not apply for the legacy estate maximizer
Who Should Not Apply For The Legacy Estate Maximizer?
  • AIDS/ARC
  • Alzheimer’s Disease
  • Alcoholism or drug abuse during last five years
  • Major heart, cancer or stroke during last five years
  • Cirrhosis of the liver (Hepatitis C)
  • Diabetes diagnosed before age 45 and treated with insulin
  • If client was recently declined by another life company, MIB will be flagged and you should consider possibility Legacy app will be declined as well.

Don’t forget!

The Legacy Survivor allows one uninsurable!

For Agent Use Only

1035 transfers
1035 Transfers

Old Interest Sensitive Life

$600 Annual Premium

$52,000 Death Benefit

Single Premium

Life Insurance

$75,664

Death Benefit

$39,300

Single Premium

$39,300

Cash Value

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CD Versus SPWL

(72 Year Old Female; $100,000 Initial Deposit; 3% CD; 20% Tax Bracket)