Financial Guidelines Liberalized
Here are a couple highlights that may impact your
clients:
Spousal
Coverage
·
Non-employed spouses and
spouses with a lower income are now eligible for as much coverage as
their employed spouse, up to a maximum of $10 million (previous max was
$5 million).
Income
Replacement Multiples
·
35x income (up from 25x –
30x) for ages 18–40.
|