Patented Asset Extension loophole

Turning the unaffordable into affordable.

Term Life Insurance purchased at a younger age can become a highly valuable asset later in life. Yet many policyholders are not aware that most term policies include a conversion option. This option allows the policyholder to convert their term coverage into a permanent or universal plan—an especially advantageous feature for those age 60+ who may face health concerns.

The challenge is that at older ages, conversions are often prohibitively expensive. As a result, policyholders who have faithfully paid premiums for decades may find themselves losing coverage at the very moment it could provide the greatest value—especially if health issues make obtaining a new, affordable plan nearly impossible.

Our "patented" Split Dollar Conversion Program is designed to solve this problem. By making conversions available at a fraction of the standard contractual cost, it helps aging policyholders preserve the asset value of their term life policies and transition their coverage in a cost-effective way as they approach the conversion deadline.

(see examples below)