Protective Classic Choice Term NY Available on iPipeline
From Protective:
Exciting news! Classic Choice Term NY (CCT NY) is available on iPipeline/iGo today! This product has lower monthly modal factors, making it less expensive to pay monthly. The 35 and 40 year term periods allow clients to be insured to age 85 if they buy at the maximum issue age while paying one of the lowest premiums available. As a refresher, I’ve listed the product features below. I have also attached the CCT NY product specs and a business flow flyer that is a great reference piece on how to do business in NY.
Classic Choice Term NY product features
Minimum face amount $250,001
10, 15, 20, 25, 30, 35, and 40 year term periods available
$65 Policy fee is fully commissionable
Maturity age 90
Children’s Term Rider
Income Provider Option Rider
Very competitive as 500k+ face amounts
Overall competitive strengths
Monthly premiums
500K or 1M bands