Strong Foundation Game changing non-tobacco definition
Helping you insure clients like Lucas Lucas regularly enjoys cigars and is worried that this will keep him from finding affordable coverage.
The use of cigars, pipes, chewing tobacco, nicotine patches, vape pens, marijuana and other substitutes fall under Strong Foundation non-med¹ level term life insurance non-tobacco definition.
Lucas applies and is approved for a $100,000, 20-year term with a monthly premium of $44.89.
Change your game in a competitive landscape
Male, age 45, regular cigar smoker, $100K
Carriers ²
15-year
20-year
30-year
American-Amicable Home Protector (tobacco rate)
$77.70
$97.42
$132.18
Americo Home Mortgage Series 125 (tobacco rate)
$90.73
$113.91
$154.85
Foresters Strong Foundation (non-tobacco rate)
$39.20
$44.89
$69.04
Mutual of Omaha Term Life Express (tobacco rate)
$90.60
$106.27
$144.27
Foresters Rank (out of 4)
1
1
1
Wait there’s more Clients like Lucas can convert their coverage during the conversion period to a product like SMART UL or Advantage Plus II and keep their non-tobacco risk class.
Your prospects list just got bigger.
Working with a client? Call our Sales Desk 866‑466‑7166 option 1 (Sales)
Foresters products and riders may not be available or approved in all states and are subject to eligibility requirements, underwriting approval, limitations, contract terms and conditions and state variations. Refer to the applicable Foresters contract for your state for these terms and conditions and ezbiz for product availability. Underwritten by The Independent Order of Foresters.
¹ Insurability depends on the answers to medical and other application questions and underwriting searches and review.
² Competitive quotes are effective as of October 1, 2023. Rates and underwriting class are accurate to the best of Foresters knowledge and belief.
For producer use only. Not for use with the public. N725
