Cashback Plus Life Protector

Do you know any clients that need more insurance now than they do in the future?  If so, the Cashback Plus Life Protector wizard is for you!

The Cashback Plus Life Protector wizard provides a vehicle to illustrate the common occurrence of having higher current insurance needs but lower future insurance needs.  By purchasing both a Cashback Life and Life Protector, the client is able to take advantage of the unique features of both products: the return of premium feature of the Cashback Life and the guaranteed longevity of the Life Protector.

To take of advantage of this wizard log in to www.iKCLife.com.  Don't forget you can now sign in using your kclic credentials! 

Once logged in, click on 'Cashback + Life Protector' on the Wizards tab.

Next, enter all of the inputs on the Cashback Plus Life Protector wizard interface.

After clicking 'Run Wizard' an illustration will be generated.  The output includes a full Cashback Life and Life Protector illustration along with the Cashback Plus Life Protector sales concept pages.  Below is a sample of one of the output pages based on the above inputs.

In this example, the cash value after 20 years for the Cashback Life 20 is $14,150.00.  By investing $7,781.00 from the Cashback Life 20 into the Life Protector at the end of the 20 year period, the client is able to cease premium payments into the Life Protector and continue to have guaranteed coverage through age 120.  The client's take-home amount at the end of the 20 year period would be $6,369.00.  The client's current coverage need of $350,000 will be met using the combination of the two products and the future coverage need of $100,000 will be met using the Life Protector.       

If you have any questions about the Cashback Plus Life Protector concept or need any help setting up the wizard don't hesitate to contact us!

Have a Great Day,

Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com