Welcome to Tim Schmadeke & Associates

What Is A Protection Focused IUL?

A Protection Focused IUL is an alternative to a GUL. It’s designed to last for a client’s lifetime but without a lifetime guarantee. Instead it has a life expectancy guarantee and relies on cash values to maintain coverage for life.

If you’re like me, you’ve heard this before, right? Old fashioned ULs from the 80’s and 90’s didn’t meet expectations and policies lapsed. That’s why GULs were invented, so clients would have guarantees and not worry about their policy remaining in force.

You may not be aware that there are still potential problems with GULs. In fact, your clients may now be better off with the new protection focused IULs. If they prefer lower premiums or greater flexibility in their permanent life insurance policies, you want to consider a Protection Focused IUL.

https://financial-brokerage.com/sales-idea-what-is-a-protection-focused-iul/ ... See more

Sales Idea – What Is A Protection Focused IUL? Posted on June 3, 2019June 3, 2019 by Financial Brokerage What Is A Protection Focused IUL? A Protection Focused IUL is an alternative to a GUL. It’s designed to last for a client’s lifetime but without a lifetime guarantee. Instead it has a life ... ... See more

How Do I Value My Client’s Business?

We know that life insurance to fund a buy/sell agreement is one of the largest premium sales we can make as insurance producers. One major hurdle often involves producing an accurate valuation of the business. Multiple owners may give you different figures, or the business might not have time or want to pay someone to conduct an analysis.

At Financial Brokerage we can help. Several of our top life insurance companies offer forms you can complete with your clients (often online) to produce an accurate valuation of their business. They can base their buy/sell agreement on this number which you can use as the face amount for their life insurance policies.

If you work with business owners or have commercial accounts, take a few minutes to view the video and learn more.

https://financial-brokerage.com/sales-idea-74-how-do-i-value-my-clients-business/ ... See more

Sales Idea 74 – How Do I Value My Client’s Business? Posted on May 20, 2019May 17, 2019 by Gary Marr How Do I Value My Client’s Business? We know that life insurance to fund a buy/sell agreement is one of the largest premium sales we can make as insurance producers. One major hurdle often invo... ... See more