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Approaching retirement within 2 -3 years, hearing a lot about fully funding a one pay whole life policy and pulling cash out tax free. Heard there was a policy that the face value floated based on cash that prevents a scenario of implosion. Any thoughts? Or point me to where this was addressed.
This is the right blog for anybody who wants to find out about this topic.
You understand a whole lot its almost tough to argue with you (not that I actually would want to…HaHa).
You definitely put a new spin on a subject that’s been written about for decades.
Excellent stuff, just great!
Bill: I’ve been in the insurance business (life, DI, LTCi, Annuities) since 1989 and I have always thought that there has got to be a “better way” for both agent and consumer. Your business philosophy is virtually identical to mine. I spent 6 years doing policy (TOLI) reviews for Northern Trust Bank and a few other smaller regional trust banks. I have references. I am currently being retained by Insurance Designers of America (principal office: Designs In Life Insurance Marketing, LLC) and am coming to the end of my helping to build that agency. Please contact me. Thanks, Bud Bridgers
I am interested in converting my practice from commission based for insurance to fee based, how does one go about it?