Royal Neighbors

Royal Neighbors offers Final Expense, Jet Term, and Single Premium Whole Life, and other products. Royal Neighbors policyholders become members of Royal Neighbors with membership benefits. The benefits include Health and Wellness discounts, Fraternal Aid, Nation Of Neighbors program, Legal Services and Retail benefits, membership magazine, and multiple scholarships for students.

 

Royal Neighbors has become very good for both face to face and over the phone sales.  

 

If you are a phone sales agent, Royal Neighbors takes the application for you and there are no forms for you to send in.  It is a 25 minute phone call.  No ht/wt charge.

 

Face to Face sales requires an underwritten phone interview at point of sale. 

 

True social security billing and pays commissions on policy approval.

Final Expense:
Jet Whole Life:

Simplified Issue:

Ages 50 to 80

Minimum Amount: $5,000

Maximum Amount: $30,000

 

Graded Death Benefit:

Ages 50 to 80

Minimum Amount $5,000 

Maximum Amount $10,000

3-Year Graded

 

Accelerated Living Benefit Rider: Available for Simplified and Graded plans.

Benefit includes Chronic Illness, Critical Illness, and Terminal Illness

Ages 0 to 80

Amount $25,000 to 5M

Can be simplified or fully under-written

0-17 $10,000-$49,999 simple underwriting

18-50 $25,000-$500,000 simple underwriting

51-60 $25,000-$250,000 simple underwriting

If have an older and healthy client, they could qualify for super-preferred rates up to 5M when fully underwritten.

Jet Term:

Ages 25 to 60

Amount $50,000 to Maximum $5M

Cost-effective coverage for 15,20, 30 yrs

Convertiable to WL policy with a minimum of $10,000 cash value.

 

Once term ends, tolls into an annual renewable term where premiums will go up.

Riders:

Total Disability Waiver of Premium

Accelerated Living Benefit

Accident Death Benefit

Cancer Waiver 

Child Term

Guaranteed Insurability