NE Life & Health case studies
NE Life & Health · Put your knowledge to work in context.
The Nebraska Life & Health producer license authorizes an individual to sell, solicit, and negotiate life insurance and health insurance products in Nebraska. It is the credential that new agents, agency staff, and career-changers pursue when they want to work in life, annuities, disability income, medical expense, and group benefits markets. The NE Life & Health case studies are 5 cases and about 3,965 words.
1The Disabled Replacement: A 1035 Exchange That Costs $0 to Keep
Dale R., 71, of Omaha, has owned a 200,000 whole life policy since 2001. It has a 74,000 cash value, a 52,000 cost basis, an annual premium of 4,800, and a waiver of premium rider.
818 words, about 4 min2Marla's Lapse: Waiver of Premium, the DI Rider, and Reinstatement
Marla T., 48, of Lincoln, owns a 300,000 whole life policy with a 3,600 annual premium. It carries a waiver of premium rider and a 2,000-per-month disability income rider with a 90-day elimination period and a 24-month benefit period.
808 words, about 4 min3Ravi's Overfunded VUL: When "Extra Funding" Becomes a MEC
Ravi P., 45, earns 260,000 as a software architect and wants 1,000,000 of variable universal life. He plans to pay 30,000 a year for seven years, then stop and let the cash value carry the policy, using policy loans at age 65 for retirement income.
773 words, about 4 min4Gloria's $60,000: Withdrawal, Annuitization, or 1035?
Gloria S., 63, of Grand Island, owns a nonqualified fixed deferred annuity bought six years ago for 120,000. It is now worth 180,000.
730 words, about 4 min5Tasha's Two Health Plans: COB, the HSA She Cannot Have, and COBRA
Tasha W., 36, works for a 60-employee Omaha firm that offers a self-only high-deductible health plan with a 3,000 deductible, paired with an HSA to which she contributed the family maximum for the year even though she is enrolled in self-only coverage. Her husband's employer offers a traditional PPO, and Tasha and their 9-year-old son are covered under both plans.
836 words, about 4 min