Posts by Jon Fahey

Focus 10 Life® – Regional Bank Case Study

Case Study: Focus 10 Life® Plan Type of Employer: Regional Bank Purpose of Insurance: Fringe Benefit   Objectives: For retention purposes, a Regional Bank wanted to deliver a meaningful Fringe Benefit to its Executive and Management teams. Their current Group Term plan capped the maximum benefit and reduced benefits at older ages. They were looking…

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Address multiple needs with a single Focus 10 Life® Plan

Uses of Focus 10 Life® Provide for those Employees that make your business go!   Fringe Benefits The Focus 10 Life® Program is an employer paid benefit for all eligible employees in a covered class. Policies are typically owned by the employee or their trust, and the policy holder names his/her own beneficiary. Premiums are…

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Focus 10 Life® – Group Term Carveout Case Study

Case Study:  New Focus 10 Life® Plan Type of Employer:  Private Equity Firm Purpose of Insurance: Group Term Carveout Objectives: A Private Equity Firm with 300+ employees, had a Group Term life plan that provided a benefit of 2 times salary, to a maximum of $600,000. The prospect was concerned about: Reverse discrimination: About half of…

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Focus 10 Life® – Legal Group Case Study

Case Study – Legal Group Situation: Law Firm needed $1,500,000 of life insurance on each of 6 owners to fund a Stock Redemption Plan. Interested in streamlined underwriting. Law Firm employed over 25 others. Recommended Focus 10 Life®  Plan Design: This plan design met all Simplified Issue Guidelines and readily secured approval to be implemented…

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Focus 10 Life® Target Prospect List for Producers

Focus 10 Life® is ideal for any employee in a full-time, white-collar occupation. Throughout our 16 year history, we have written cases within (but not limited to) the following industries:   Law firms – Management, Associates, and Other Staff Architectural/Engineering firms – Professionals and Staff Healthcare – Hospitals and Medical practices (Radiologists, Anesthesiologists, Cardiologists, etc.)…

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Uncovering Compelling Issues

Insurance producers know the power of asking the right questions to help identify a client’s needs. By asking probing questions, you can uncover areas where your clients have a need they may not even realize exists. With that in mind, we offer the following situations (compelling issues) where Focus 10 Life could provide an ideal solution, along with…

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Focus 10 Life® vs Group Term Life

It is important to understand that Focus 10 Life is not Group Term Life. Focus 10 Life is an individual, 10 year level premium, term life insurance that can be acquired on a Simplified Issue basis. Focus 10 Life is always an employer-paid, non-voluntary benefit, intended only for “white-collar” groups of 10 or more. Here are…

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$1,000,000 in Life Insurance secured on 6 Doctors without Medical Underwriting!

Focus 10 Life® Case Study – Medical Group Situation: Medical Group needed $1,000,000 of life insurance on each of 6 owner-doctors to fund a Stock Redemption Plan. Interested in streamlined underwriting. Medical Group employed over 60 others. Recommended Focus 10 Life® Plan Design: This plan design met all Simplified Issue Guidelines and readily secured approval to be…

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Announcing Special Pricing for Large Focus 10 Life® Plans

FOCUS 10 LIFE, Inc. is pleased to announce Focus 10 Life® Large Case Pricing! This special pricing applies to all plans having at least $100 Million of benefit volume. Special pricing will also be considered on an exception basis for plans under $100 million of volume. Large case pricing can be 25% to 30% lower than regular…

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