We are excited to announce the option to add Term Riders to the drop ticket is now available on iPipeline.
Legal & General America’s Term Riders can be stacked on top of the base term policy for 10, 15 or 20 years, with the ability to add one or up to all three, allowing clients to customize their life insurance in a cost-effective way by providing additional coverage for a specified number of years to match their financial responsibilities.
- Term Riders can be stacked on top of a base term policty for 10, 15 or
20 years
- Term Riders will automatically drop off at the end of the additional insurance rider coverage period
- When a rider expires, the premium due and total coverage will be reduced by the Term Rider amount
From iPipeline’s iGo e-App, select Legal & General America Banner Life/William Penn, then:
- Term Riders will be located on the Coverage Information page
- Term Rider duration(s) will be dependent on the base term duration and age of the client
- Select Term Rider, then select the desired term duration(s) and enter the face amount for the rider
