New Vista Product Features

Prosperity Life’s simplified issue final expense plan is called the ‘New Vista’ series and is available in most states except for Connecticut, Montana, North Dakota, New Hampshire, New York, and South Dakota. The New Vista plans offer immediate death benefit (Level), Graded Death Benefit (Year 1: 30% of Death Benefit, Year 2: 70% of Death Benefit), and lastly a Modified Death Benefit (Year 1: 110% Return of Premium, Year 2: 231% Return of Premium).

The plan also offers an accelerated death benefit rider for no cost as well as an accidental death benefit rider for an extra cost. Premiums are level throughout the life of the policy with a guaranteed death benefit through age 121. 

Application Options

Prosperity Life offers multiple application options including paper applications, e-apps, and a new voice app that agents can use for clients to sign. This is a great option for those clients that have issues completing an e-app on a computer.

Underwriting decisions will be based on answers to the application health questions, MIB, and prescription drug checks. Applicants must also fall between specific height and weight guidelines to qualify. The policy may be applied for at the point of sale by calling Apptical. This way the agent and client can complete the sale in one appointment. 

Product Advantages

Prosperity Life’s New Vista final expense plan has a few great advantages compared to other carriers/products.

The first advantage is that this product allows telephone sales and phone signatures. Very few carriers allow this type of signature option so it’s a great feature to have for clients that have difficulty using computers.

The second advantage is that this product allows multiple payment forms. Clients can pay using EFT from a checking/savings account or they can pay using a DirectExpress Mastercard. This payment method allows clients to pay using their social security.

The third advantage is that this product pays the same commissions regardless of the plan that your client qualifies for. The Level, Graded and Modified plans all pay the same commissions.

This is one of the only companies that have a unique commission structure like this, so certainly take advantage of getting contracted and appointed to sell this product. 

Are you Selling Final Expense?

Many agents who have added final expense to their portfolios have increased their sales and income by as much as 40%. Pinnacle Financial Services has all of the tools and resources needed to get agents setup to sell final expense from start to finish. Give us a call today to setup an appointment with one of our marketing specialists.