Term vs Permanent: Compelling Reasons for Permanent Insurance

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Compelling Reason Why Permanent Insurance is Still the Best

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Term vs Permanent: Compelling Reasons for Permanent Insurance

  1. 1. Term & Permanent Insurance Plans<br />1<br />
  2. 2. Term & Whole Life Comparison<br />Face Amount: $100,000<br />Age 35 Ultra Preferred Non-Smoker<br />Annual Renewable Term<br /> Initial Premium: $93<br /> Ultimate Premium Age 80: $16,362<br />Cumulative Total Premium Age 80:-$168,614<br /> Initial Face Amount:$100,000<br /> Ultimate Face Amount Age 80: $100,000<br />Whole Life<br /> Annual Level Premium: $1,148<br /> Total Premium Age 80:$51,660<br /> Total Cash Value Age 80: $205,554*<br />Cost/Profit:+$153,894*<br /> Total Premium Age 100:$74,620<br /> Total Cash Value Age 100: $589,169*<br /> Cost/Profit:+$514,549*<br /> Initial Face Amount: $100,000<br /> Ultimate Face Amount Age 80 : $272,949*<br /> Ultimate Face Amount Age 100: $589,169*<br />* Includes non-guaranteed dividends<br />2<br />
  3. 3. Annual Renewable Term<br />Face Amount: $100,000<br />Age 35 Ultra Preferred Non-Smoker<br />Annual Renewable Term to Age 80<br /> Initial Premium: $93<br /> Ultimate Premium Age 80: $16,362<br />Cumulative Total Premium Age 80:-$168,614<br />Age<br />80<br />$18,000<br />Whole Life<br />Annual Level Premium: $1,148<br /> Total Premium Age 80:$51,660<br /> Total Cash Value Age 80: $205,554*<br /> Cost/Profit:+$153,894*<br /> Total Premium Age 100:$74,620<br />Total Cash Value Age 100: $589,169*<br /> Cost/Profit:+$514,549*<br />$16,000<br />$14,000<br />$12,000<br />$10,000<br />$8,000<br />$6,000<br />Age<br />100<br />$4,000<br />$2,000<br />$0<br />Year<br />1<br />4<br />7<br />10<br />13<br />16<br />19<br />22<br />25<br />28<br />31<br />34<br />37<br />40<br />43<br />Term Coverage<br />Terminates<br />Age<br />35<br />80<br />100<br />* Includes non-guaranteed dividends<br />3<br />
  4. 4. Annual Level Premium: $1,148<br /> Total Premium Age 80:$51,660<br /> Total Cash Value Age 80: $205,554*<br /> Cost/Profit:+$153,894*<br /> Total Premium Age 100:$74,620<br />Total Cash Value Age 100: $589,169*<br /> Cost/Profit:+$514,549*<br /> Initial Face Amount: $100,000<br />Face Amount Age 80 : $272,949*<br />Face Amount Age 100: $589,169*<br />$600,000<br />$500,000<br />$400,000<br />$300,000<br />$200,000<br />$100,000<br />$0<br />1<br />5<br />9<br />13<br />17<br />21<br />25<br />29<br />33<br />37<br />41<br />45<br />49<br />53<br />57<br />61<br />65<br />Net Death Benefit*<br />Net Cash Value*<br />Cumulative Premium<br />Whole Life<br />Face Amount: $100,000 Age 35 Ultra Preferred Non-Smoker<br />Age<br />100<br />4<br />
  5. 5. Term & Whole Life Comparison<br />FOR<br />RENT<br />SOLD<br />RENT<br />OWN<br />5<br />
  6. 6. AGE<br />Term Insurance Cost Study<br />(Male Age 40, Face Amount: $1,000,000 Select Preferred Class)<br />AGE<br />EXPIRED<br />EXPIRED<br />6<br />
  7. 7. Whole Life 100with Life Insurance Supplement Rider <br />Crossover<br />Point<br />LISR<br />Initial Death Benefit<br />Whole<br />Life<br />Issue Age<br />Age 100<br />Age 121<br />Premium Paying Years<br />Protection Years<br />7<br />
  8. 8. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  9. 9. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  10. 10. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  11. 11. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  12. 12. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  13. 13. Some Compelling ReasonsWhy Permanent Life Insuranceis Still the Best Way to Go<br />
  14. 14. Human Interest StoryThe Hindenburg Zeppelin & Term Insurance<br />
  15. 15. SynergiaBusiness Presentations<br />Joaquin “Duke” G. Wilwayco8301 Ephraim Road, Austin, TX 78717Phone: (512) 799-2999<br />Fax: (512) 671-6377Email: dgwilwayco@aol.com<br />

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