| The Flex Plan gives a lender the ability to place Life Insurance on any type of loan, up to $1,000,000, including business loans, mortgage loans and lines of credit. | |
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Single Premium Decreasing Life: |
A Single Premium Life Insurance plan with a death benefit that reduces annually. This plan is designed to insure installment loans, including consumer loans, business loans or mortgage loans; with payments due monthly, quarterly, semi-annual or annual.
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Single Premium Level Life: |
A Single Premium Life Insurance plan with a death benefit that remains constant over the term of insurance. This plan is designed to insure single payment loans, “interest only” loans and balloon loans.
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Line-of-Credit 7-year Level Life: |
A Monthly or Annual premium Life Insurance plan with a death benefit that remains constant (level) over the term of insurance – not to exceed 7 years. This plan is designed to insure home equity lines-of-credit, personal or business lines-of-credit.
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Mortgage Decreasing Life: |
A Monthly or Annual premium Life Insurance plan with a death benefit that reduces annually. This plan is designed to insure mortgage loans, including residential or commercial mortgages; but can also be sold on business or consumer loans.
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| ?On-line quoting & enrolment. ? Field issued up to $50,000 ?No medical exam up to $100,000 | |
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Good source of fee income |
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304-253-0377 800-743-9982
304-253-0377 800-743-9982