Settlers Child/Grandchild benefit created a real attractive way to sell a 20-year paid up policy to grandma on her grandkids.
That benefit covers yet to be born kids and grandkids. So if she buys policy on Timmy she also has coverage on all of Timmy's children and grandchildren that he will ever have. It's one extra child claim per insured of course but it's a great benefit and sales weapon.
I just added a post to the FexContracting website to explain it. Insurance on Children
BAM! Take that Global Life!
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That benefit covers yet to be born kids and grandkids. So if she buys policy on Timmy she also has coverage on all of Timmy's children and grandchildren that he will ever have. It's one extra child claim per insured of course but it's a great benefit and sales weapon.
I just added a post to the FexContracting website to explain it. Insurance on Children
BAM! Take that Global Life!
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