💼 CLIENT FEATURE: South Carolina Business Owner Finds a Smart Coverage Combo

When you're self-employed and supporting a family, life insurance isn’t optional—it’s essential. But knowing what kind of policy to choose? That’s where most people get stuck.

Recently, I worked with a 50-year-old small business owner in South Carolina who thought term insurance was his only option. Here's how we found a smarter, budget-friendly solution that set him up for now and for the future.

🧍 About the Client:

• Age: 50

• Health: Good BMI, High Blood Pressure, Male, Smoker

• Lifestyle: Rarely sees a doctor

• Occupation: Self-employed, small business owner

• Goal: Basic coverage for peace of mind

• Budget: ~$150/month

• Initial Request: A $50,000 term life insurance policy

But here’s the challenge...

🟠 Term insurance in your 50s—especially as a smoker—isn’t always the bargain it sounds like.
Yes, it’s cheaper per dollar of coverage, but those premiums go up if you want to keep it beyond the term period, or coverage ends entirely when the term period is up.

While some term policies are convertible to whole or universal life, the price jumps at conversion—because it’s based on your age at that time.

So what did we do?

💡 The Smarter Solution: A Combo Strategy

Instead of pushing him toward something that wouldn’t serve him long-term, we created a custom solution that fits his:

• Current health status

• Family needs

• Budget

• Long-term peace of mind

Here’s what we landed on:

✅ $25,000 Whole Life Final Expense Policy

• Guaranteed coverage for life

• Fixed premiums

• Builds small cash value

✅ $25,000 30-Year Term Policy

• Temporary coverage for family income needs

• Helps bridge the higher-risk earning years

🔐 This means his family gets a full $50,000 tax-free payout if something happens in the next 30 years, and after that, he’ll still have lifelong coverage to handle final expenses and more.

His monthly premium won’t increase; once his term policy ends at age 80, his monthly premium will decrease as he will only be paying on the whole life policy at that time.

📊 Total Monthly Premium: $135

That’s under budget—and sets him up with both short-term protection and lifelong peace of mind.

🧾 Why This Matters If You’re Over 50

If you're in your 50s and shopping for life insurance, you're not alone—and you don’t need to figure it all out by yourself.

Most people don’t realize:

• Term isn’t always the cheapest—or best—long-term option

• Smokers and self-employed folks often get overlooked

• There are flexible, layered strategies that work within a budget

❤️ Life Insurance Doesn’t Have to Be All or Nothing

You just need a plan that fits your stage of life, your health, and your goals.

📩 If you’re self-employed, over 50, or just unsure what options make sense—reach out. I’ll help you sort through it with no pressure, just clarity.

—Amy