Did You Know?
Term Conversions – Is the obvious, obvious?

Did you know that you don’t have to wait for a renewal date to do a term conversion?

An advisor that I knew to be very smart (but his expertise was in disability insurance) expressed surprise when I mentioned in passing that a term conversion can be done at anytime – not just at a renewal date. That’s why getting in touch with your Term clients 6 to 8 months before their next birthday is so important! They also may not know (or remember) that they don’t have to wait for the renewal date to make a change.

Tags: term conversion, term insurance

This entry was posted on Monday, November 16th, 2009 at 6:35 am |

Helena Smeenk Pritchard

Helena Smeenk Pritchard has over 36 years of experience in the insurance industry and is the Principal of Helena Smeenk Pritchard & Associates, a leader in “Insurance Know-How” training. Helena has had articles published in Advocis’ Forum Magazine as well as Advisor’s Edge, and is a very popular columnist for Advisor.ca.

Although the author has made every effort to ensure that the information published was correct at press time, all content is for informational and consideration purposes only. The author will not be liable for any errors or omissions in this information nor for the availability of this information or for any losses, injuries, or damages from the display or use of this information.