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Term protection during your Prime Time Permanent protection for a Life Time

Term protection during your Prime Time Permanent protection for a Life Time. PrimeTerm 70 RPU. PrimeTerm 70 RPU Another innovative “No-Loss” Term Plan Available only through LBL Gold and Silver level agents. Designed for the individual who: Needs term insurance until retirement age, and

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Term protection during your Prime Time Permanent protection for a Life Time

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  1. Term protection during your Prime TimePermanent protection for a Life Time PrimeTerm 70 RPU

  2. PrimeTerm 70 RPUAnother innovative “No-Loss” Term PlanAvailable only through LBLGold and Silver level agents Designed for the individual who: • Needs term insurance until retirement age, and • Does not want to “waste” life insurance premiums for no permanent value!

  3. PrimeTerm 70 RPU PrimeTerm 70 is a Term plan that will: • Protect the insured for the full face amount to age 70, or for 20 years, whichever is longer. • Become a permanent insurance plan 2 different ways.

  4. PrimeTerm 70 RPU Has a conversion option: • Starting the second year prior to age of 65. • Full face amount of coverage can be convertible to a permanent plan without evidence of insurability. • New commissions are generated by the conversion on the increase in premium.

  5. PrimeTerm 70 RPU Traditionally, premiums paid for term life insurance went “out the window” unless: • A death benefit was paid, or, • Extra premium paid for a ROP rider. LBL has a smarter way for an insured to have value for their term life insurance premiums.

  6. PrimeTerm 70 RPU Has a “No Loss” non forfeiture provision built into the plan: • At age 70 (or 20 years) the plan becomes a “reduced paid-up” policy where the face amount is equal to all of premiums paid. • Plus, there are no more premiums! • Guaranteed!

  7. PrimeTerm 70 RPU By choosing this plan: • Client does not waste the premiums paid for term insurance . • Client has a paid up policy that can be used to cover his final expenses at retirement. • Combined with an annuity, it can also become a great retirement building tool.

  8. Where PrimeTerm 70 Fits…… Male Preferred , Non-Tobacco, Age 35 $250,000 Death Benefit “$250,000 Term Coverage to age 70” $59,000 Permanent Protection for Life with $0 Premiums! 20 Year Term*30 Year Term*GNLUL**Whole Life*** $ 287.00 $ 422.50 $ 1,272.50 $1,487.50 $ 2467.28 $ 908.50 ROP $ 832.33 ROP * Transamerica Life Ins co, Ultima Champion Term ** Genworth Life Insurance Co, Gen Guard UL (Guaranteed UL) *** Sagicor Life Insurance Company, Gold WL

  9. PrimeTerm 70 RPU 45 years of coverage Convertible prior to Age 65 “No Loss” RPU equal to ROP Age 25 Age 70 20 years of coverage Convertible prior to Age 65 “No Loss” RPU equal to ROP Age 65 Age 85

  10. PrimeTerm 70 RPUMale Age 30 PNT 40 years of coverage $100,000 Convertible prior to Age 65 $541 annual premium ($48.42 BD) $23,300 “No Loss” RPU equal to ROP $12,700 CV Age 30 Age 70

  11. PrimeTerm 70 RPUMale Age 45 PNT 25 years of coverage $100,000 Convertible prior to Age 65 $889 annual premium ($79.57 BD) $24,000 “No Loss” RPU equal to ROP $13,000 CV Age 45 Age 70

  12. PrimeTerm 70 RPUMale Age 65 PNT 20 years of coverage $100,000 $4,195 annual premium ($375.45BD) $90,200 “No Loss” RPU equal to ROP $69,300 CV Age 65 Age 85

  13. PrimeTerm 70 RPU • Issue Ages 18 – 65 • $100,000 minimum face amount • 2 premium bands: • $100,000 - $499,999 • & $500,000 + • Preferred Non-Tobacco rates available

  14. PrimeTerm 70 RPU • Guaranteed coverage to Age 70, or 20 years if longer • Reduced Paid Up (RPU) Face amount equal to or greater than all premiums paid, Guaranteed! • 20% first year discount available if paid annually • No illustrations required • Excellent riders available to meet family needs

  15. Commission Advance and Bonus ProgramGo for the Gold Liberty Bankers Life Agents can qualify to receive advanced commissions without an interest charge. The amount of the advance and reserve is based on the agent’s own “Product Blended” Persistency. In addition, any agent at the Gold level is eligible to qualify for a renewal bonus. Agent’s performance will be reviewed quarterly. Newly appointed agents will have their persistency reviewed after the 7th month. GOLD: An agent with a 13th month persistency rate of 75%> qualifies for a 9 month commission advance (with appropriate salvage account) AND renewal commissions in years 2, 3, and 4 will be “BONUSED” up by 50%. This agent is also eligible to qualify for incentive trips! SILVER: An agent with a 13th month persistency rate of 65% - <75% qualifies for a 9 month commission advance (with appropriate salvage account). This agent is also eligible to qualify for incentive trips! Bronze: An agent with a 13th month persistency rate of 58% - <65% may qualify for a 6 month commission advance (with appropriate salvage account). Renewal commissions for year 2, 3, & 4 will be adjusted down by 50%. Advance commission qualification is based on a favorable background check inclusive of vector report

  16. PrimeTerm 70 RPU The ideal term product for Today and Tomorrow’s insurance needs from : Peace of mind through innovation When it comes to selling term insurance Do the right thing!

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