Aries insurance services, a division of URL.
 

Term life insurance is a cornerstone of financial security. But what if we could offer clients the benefits of term life with a valuable twist? That's where return of premium (ROP) term insurance comes in.

Why Sell ROP Term Insurance?

  • Addresses client concerns: Many clients are hesitant about term life because the premiums aren't returned if they outlive the term. ROP eliminates this worry, providing peace of mind that their investment is protected.

  • Appeals to a wider audience: ROP opens doors to clients who prioritize savings alongside protection. It's ideal for young families building a nest egg or individuals approaching retirement who want a safety net.

  • Increased sales potential: By offering a broader range of term life options, you can cater to more client needs and potentially close more deals.

Key Selling Points for ROP Term Insurance:

  • Guaranteed return of premiums: Clients get back 100% of their premiums paid if they outlive the policy term.

  • Tax-free benefit: The premium return is typically tax-free, offering a significant financial advantage.

  • Peace of mind: Provides a death benefit for loved ones while offering a safety net for the policyholder in the long run.

Remember: While ROP premiums are higher than traditional term life,  highlight the value proposition. Clients gain guaranteed savings and flexibility for future financial goals.

Empower Yourself with ROP Knowledge:

You can use the above resources to help become a ROP term insurance expert. Feel free to call Jason Collins at 717-216-8038 or schedule a meeting to discuss how to integrate this powerful tool into your sales strategy.