Transcript www.safeharborterm.com

Safe Harbor Term
Live In Security… Leave a Legacy
Things you never thought your term life
insurance could do!
Safe Harbor Term
Do you own the old traditional
term life insurance?
Where somebody has to die to receive any benefit at all...
Safe Harbor Term
You can own the new term life insurance that can pay benefits to
you… even if you don’t quite make it to your funeral.
How Is This Possible?
Safe Harbor Term
Introducing Safe Harbor Term
LIFE INSURANCE
Life Insurance with Living Benefits
Safe Harbor Term
Let’s start by understanding what Living Benefits are,
and why they are so important...
In the past 5 years, can you
think of anyone - family
members, friends, neighbors,
work associates - who:
⇒Suffered a heart attack?
⇒Suffered a stroke?
⇒Was diagnosed with cancer?
Safe Harbor Term
Did your loved one or acquaintance die immediately?
OR DID THEY LIVE?
Heart attack, stroke, cancer, confined to a
nursing home, home health care…
It happens every day.
Let’s check the
statistics!
Safe Harbor Term
Did you know:
Stroke
●
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Every 40 seconds someone in the US has a stroke.
It is a leading cause of serious, long-term adult disability.
Cancer
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Every 30 seconds a new cancer is diagnosed in the US.
More than half of Americans diagnosed with cancer will
survive for at least five years.
Heart Attack
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Every 26 seconds someone suffers a heart attack.
Every year in the US more than 1 million people who
suffer a heart attack survive for at least 12 months.
Safe Harbor Term
Nursing Home & Home Health Care
(Long Term Care)
Did you know?
For every couple turning 65 there is a 70% chance
that one of them will need long-term care.
Wall Street Journal
It is said that you will not need it if you die too young,
but the longer you live, the higher your chances
become for needing care.
Safe Harbor Term
Nursing Home & Home Health Care
(Long Term Care)
Did you know?
Singles are especially at risk!
They are not usually with someone who can
properly care for them. The same is true for wives,
who tend to outlast their husbands by an average
of seven years.
Jane Bryant Quinn
Remember… accidents and disease do not discriminate against age.
Safe Harbor Term
Nursing Home & Home Health Care
(Long Term Care)
It doesn’t stop there…
Over 50% of all people entering a care
situation are penniless within one year.
Harvard University
By 2018 a private room will cost over $500
per day or $188,000 per year.
LTCI P Acadamy
Safe Harbor Term
When someone experiences a devastating
critical or chronic illness and survives…
Besides a physical setback, do you think there might be an emotional
situation involving the family?
How about financial hardship?
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Expenses
Go
Up
in most
cases,
Debt is
Incurred!
What
Happens?
Income
Goes
Down
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Now, imagine...
Where could you get a bucket of money that can be used for
medical expenses, mortgage payments, car payments, etc. In
other words, replacement income?
- From retirement accounts?
- Personal saving accounts?
- Borrow from relatives?
I know what you can do!
Safe Harbor Term
Tell your local banker or
friendly stock broker that
you need a bucket of
money available to you just
in case you need it due to
one of the conditions we
have just described.
Safe Harbor Term
AND, you want that
bucket of money:
-
Interest free
Tax free
Repayment free
You’re Crazy!
Safe Harbor Term
Two ways to create this bucket of money...
1. The Expensive way
or
2. The SAFE HARBOR way
Safe Harbor Term
The Expensive Unbundled Way
Male, age 50 Preferred non-tobacco
Term Length
20 YR
$500,000 death benefit
$95.39
$10,000 LTC (4 Years)
$205.81
$475,000 cancer, heart attack, stroke coverage
$587.09
Grand Total:
$888.29 per MONTH
If you can afford this STOP HERE. If NOT please continue...
Safe Harbor Term
The Safe Harbor All-Inclusive Way
Male, age 50 Preferred non-tobacco
Term Length
$500,000 Death Benefit
20 YR
$117.11
$475,000 Heart Attack Coverage
INCLUDED
$475,000 Cancer Coverage
INCLUDED
$475,000 Stroke Coverage
INCLUDED
$475,000 Long Term Care Coverage
INCLUDED
Grand Total:
$117.11 per MONTH
Safe Harbor Term
Will your term life policy do this?
Traditional (Old)
(NEW)
Provide a benefit to your family in the event of an untimely death
Provide you CASH in the event your suffer and live through a:
Heart Attack
Cancer
Stroke
Kidney Failure
Organ Transplant
Need Home Health Care
Need Nursing Home Care
Provide much needed CASH if diagnosed with
ALS (Lou Gehrig’s Disease)
Pay the cost of your insurance policy if unemployed
YES
NO
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NO
NO
NO
NO
NO
NO
NO
NO
Safe Harbor
YES
YES
YES
YES
YES
YES
YES
YES
YES
YES
YES
YES
Safe Harbor Term
Let’s find out if you qualify!
1. American Heart Association Heart Disease and Stroke Statistics, 2008
2. 2009 National Stroke Association
3. ”Cancer Facts & the War on Cancer” LIMRA, 2007
4. Health Insurance “Critical Illness Insurance is Critical to a Client’s Financial Survival,” May 2008
5. American Heart Association “Heart Disease and Stroke Statistics,” LIMRA 2007