Symetra is offering your existing term life insurance policy holders an incentive to convert to a Universal Life (UL) policy. You can help them convert to a permanent policy for a full commission and we’ll provide the tools to do it.1
Conversion credits paying up to 100 percent of the annual term premium into the new policy may be available if the policy has been in force for at least four years.
Your Symetra term policy owners recently received notification that they may be eligible for the new term conversion credit.
To get a list of your current Term life insurance clients, contact your Symetra Wholesaler or the Sales Center at 1-800-706-0700, or send an email to invest@symetra.com.
If your client is interested, here’s all you have to do:
Locate the schedule of premiums in your client’s term policy. It shows the projected premiums of the Term policy when it transfers to Annual Renewable Term premiums.
Run a current age Universal Life illustration on Symetra Express. Show your client that with a UL policy, their premium will not increase and after just a few years, may be cheaper than a Term premium.
Complete Part One of the Universal Life policy application online.
More information and training is also available via the Sales Center at invest@symetra.com or 1-800-706-0700.
1 Life insurance product must be suitable for client.
