Why you should sell a blend policy now
Did you know April 1 marked the official start of homebuying season? By combining the advantages of permanent insurance with the affordability of term insurance, a blend policy may be exactly what new homeowners need when their minds are cluttered with moving boxes, to-do lists and closing costs. Call your existing policyholders and prospects to discuss how Motorists Life blend insurance can help cover their mortgage today and their retirement tomorrow.
Overcoming the term trap
Term insurance can provide great coverage for temporary risks. But did you know that many plans never pay out? This is due to:
- Clients leaving the plan early, as the average term ownership is eight years
- Policyholders outliving the term period
Two policies in one
Our flexible blend insurance grows with the policyholder to cover their financial needs as their life and needs change. As you introduce them to a blend policy, walk them through the financial benefits of Motorists Life blend insurance:
- Cheaper plan over time (net premiums)
- Can act as a return of premium in as little as five years
- One policy fee for both plans
Reach out to your existing clients this homebuying season to see if a blend policy would fit their insurance needs.