Video Summary
In this webinar, navigate final expense insurance policies for end-of-life planning. We explore the key considerations when evaluating policies to cover funeral expenses and other final costs. Discover the differences between simplified issue and guaranteed issue carriers, level versus graded death benefits, and how to accurately calculate your client's coverage needs. Explore practical tools like the Gerber Life Insurance worksheet to estimate total expenses and find the right policy amount for your needs. We will also delve into specific policy options like Gerber Life's guaranteed issue whole life insurance and their unique Grow Up policy.
Timestamps
(3:44) What is Final Expense?
What final expense covers
(4:46) Underwriting
Simplified vs guaranteed issue
(8:18) Level & Graded Benefits
Differences
(11:53) Why Sell Final Expense?
Client advantages of final expense
(13:54) Ways to Earn More
Brokerage Bucks, Life Insurance Bonus Program
(15:37) Getting Started
Contracting, applications, contact information
(18:24) About Gerber
Gerber's history
(24:00) Guaranteed Life
Product details, application
(29:01) Grow-Up Plan
Plan information
(33:31) Product Suite
Product chart
(38:12) Agent Portal & App
Electronic applications, contact information
(41:55) Questions
Agents ask questions about Gerber