| Prosperity Life Group is excited to announce the new Family Freedom Term life insurance product with coverage amounts ranging from $50,000 to $500,000. Underwritten by member company S.USA Life Insurance Company, Inc., Family Freedom Term is available to applicants ages 18-75 years old. With initial level premium periods of 10, 15, 20, 25 or 30 years, it is convertible to a whole life policy until the earlier of the 10th anniversary of the policy or the insured’s 75th birthday, even if health changes. Features of Family Freedom Term include:*Living benefits included in base premiumDeath benefits generally paid income-tax free to designated beneficiariesA percentage of the death benefit may be accelerated upon diagnosis of a chronic, critical, or terminal illnessOptional Accidental Death Benefit Rider provides additional death benefit of 1x the base policy up to $250,000 in the event of accidental deathOptional Waiver of Premium Rider should the insured become totally disabledOptional Child Term Rider provides $5,000, $10,000, or $15,000 in term coverage on the lives of up to 5 eligible children or grandchildren, up to age 21 Family Freedom Term is available by a technologically advanced E-Application (for in person sales) and Remote E-application (for phone or virtual meeting sales) that provides an instant eligibility decision on most applications. This process incorporates point-of-sale underwriting and electronic signature capabilities, ensuring a seamless and efficient experience, and is available in all states except: CA, CT, HI, ME, MT, ND, NH, NY, PA, SD. Quoting, Agent trainings/tools, and downloadable marketing materials are also available in your agent portal. Access to the Family Freedom Term product can be granted by your upline through the Agent Portal if you do not already have it. To make the news even better, we’ve added Family Freedom Term as a qualifying product for the quarterly Agent bonus program, so you can earn an additional 10% cash bonus on settled 1st year premium up to 4 times a year! See additional exclusions and details, here. *Certain limitations and exclusions apply. Please see product training available at www.insuranceadmin.com/agent for more details. Prosperity Life Group is a marketing name for products and services offered by certain affiliates of Prosperity Group Holdings, LLC. Family Freedom Term is underwritten by S.USA Life Insurance Company, Inc., form nos. ICC20MTMPUECS20, MTMPUEFL20; rider form nos. ICC20CHIRUECS20, ICC20CRIRUECS20, ICC20TIRRUECS20, ICC20CLTRUECS20, ICC20ADBRUECS20, ICC16WPDRUECS16, CHIRUEFL20, CRIRUEFL20, TIRRUEFL20, CLTRUEFL20, ADBRUEFL20, WPDRUEFL18. Not available in all states. Features may vary by state.For general questions, please email agentcare@prosperitylife.com. |
For Agent Use Only. Not Intended to Create Public Interest in an Insurance Product, an Insurer, or Agent. Prosperity Life Group℠ is a marketing name for products and services provided by one or more of the member companies of Prosperity Life Insurance Group, LLC, including SBLI USA Life Insurance Company, Inc., S.USA Life Insurance Company, Inc., and Shenandoah Life Insurance Company. Only SBLI USA is authorized to do business in New York. AM Best rating is as of publication date – see www.ambest.com for updated information. |
