Communicating the value and benefit of life insurance to your clients just got easier with the introduction of Patriot Life Insurance’s Smart-Line Needs Calculator and Smart-Line Quote Calculator.

These unique tools demonstrate, in real time, just how few dollars in additional premium can make thousands of dollars difference in policy benefit. 

With just a few simple clicks of the mouse, the Smart-Line Needs Calculator helps you assess a client’s needs regarding how much additional insurance coverage is necessary to assure financial security for loved ones in the event your client prematurely dies. 

Patriot Life’s new Smart-Line Quote Calculator introduces a unique sliding scale, allowing you to change the amount of coverage a policy offers while simultaneously visualizing premiums.  It also breaks premium out by all modes (Annual, Semi-Annual, Quarterly and Monthly) of payment.  Lastly, this new tool allows you to select which rate class for which your client is most likely to qualify.  The default rate class will be standard, but if you feel your client may qualify for a more preferred rate, you can select from any of the available rate classes.  Please remember that your clients’ final individual rate classes will be determined after a full underwriting review. 

To assist in pinpointing your clients rate class, we have developed our life pre- screening questionnaire which can be found at Agency Services>Patriot Life>Products and Underwriting.

Both Smart-Line tools can also be found in iBIS under Agency Services>Patriot Life>Life Calculators.

As with all insurance products, it is important to consider a variety of coverage limits.  This is particularly true when utilizing Smart-Line.  Patriot Life offers premium price breaks at limits of $250,000 and $500,000.  As you’ll see when using this tool, premiums at the price break points can offer significant savings to your clients.

We encourage you to incorporate Smart-Line into your client presentations.  And, as always, should you have any questions, comments or concerns, please don’t hesitate to contact me.