There are four basic design components to constructing a policy around your specific needs: the benefit amount, the benefit period, the waiting period and inflation or CPI rider selection. Preforming a financial profile will assist the prospect in determining the policy structure best suited for their economic condition. Steve and Maria spend some time on the inflation aspects of selecting the right rate and type, simple or compound.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More