Insuring your client’s family and business against a devastating loss of life is one of the most important functions we can provide. Whether you're a new advisor or a long-time agent, we want to help you identify, plan and implement the right solution that fits your clients’ needs, as well as your particular practice and comfort level.
DEATH BENEFIT PROTECTION
- Protecting Your Income - We’ll show you how easy it is to protect your clients with inexpensive term insurance or Universal Life for longer coverage. Use our tools to determine how much insurance is right for your clients and what they can afford.
- Protecting Your Business – Many businesses have real risks that are best covered by life insurance – such as death of an owner, partner or essential personnel. Our consultants can put together a business protection plan that includes key-person or buy-sell coverage.
- Protecting Your Estate - Affluent clients often look for protection from rising estate tax liabilities, and other ways to easily transfer wealth to future generations. These clients can benefit from permanent plans such as Universal Life or even second-to-die contracts that cover two lives, making coverage for large estates more affordable.
LIFE INSURANCE AS AN ASSET
In addition to a tax-free death benefit, clients can accumulate cash inside a life policy on a tax-deferred basis and use it towards life events such as retirement, emergencies, or a rainy day fund. We offer several products such as Indexed UL, Variable UL, and even Whole Life for these kinds of sales.
PERMANENT INSURANCE
A permanent plan provides peace of mind for the rest of your life. GBS has a comprehensive selection of permanent insurance and other products designed to meet a lifelong need.
TERM INSURANCE
Term policies are a very inexpensive solution for clients who only want death benefit protection, but with the ability to convert to a permanent plan. Our consultants will guide you to the right product, which is not always a pure price decision – conversion rights, additional benefits, company strength and stability, and medical underwriting niches are all part of the process.
One of the fastest growing areas in life insurance underwriting is express issue policies. These products provide advisors with a simplified and expedited process with no exam needed in many cases. Several of our carriers offer no-exam options up to $1,000,000 for both term and permanent coverage.
THE GBS DIFFERENCE
We understand the challenges that many advisors face, and we are committed to ensuring your success. This includes our investment in technology solutions to streamline the process – tele-applications, drop-ticket paperless applications, even simplified and guaranteed issue (no underwriting). If you’re unsure about whether life insurance is a good fit for your practice, let us show you how easy it is to grow your business.