The term life insurance campaign continues with another key segment: pre-retirees.
At this stage of life, many clients are reassessing their financial situation, their insurance coverage and the risks that could undermine their retirement plans. It’s an ideal time to reconnect with them and show how term life insurance can help protect their wealth, savings and loved ones.
Why have the insurance conversation before retirement?
For many clients between the ages of 50 and 65, the focus is no longer solely on building wealth, but on preserving it. They may have purchased term life insurance in their 20s or 30s that is now about to expire. And their group life insurance coverage may end when they retire.
Term life insurance can help:
- Provide security for their surviving spouse
- Cover ongoing financial commitments
- Reduce the impact of taxes at death
- Protect retirement savings from being depleted
Substantial insurance protection. More competitive pricing.
With the recent premium reductions, our term life insurance solutions are now even more attractive for pre-retirees. Some of the largest savings are available on Term 10 plans, especially for clients seeking higher levels of coverage.
Term life insurance continues to offer an affordable way to obtain substantial coverage while helping clients preserve the retirement savings.
*The average reductions shown are calculated based on all premium reductions and apply to non-smokers. Premium reductions don't apply to riders of income protection or disability insurance products (Assure&go).
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