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Posts Tagged ‘MEC’

When Can a MEC Bite?

May 1st, 2012 No comments

Recently we had an accountant call us to ask our opinion on something that happened to a client of hers. I thought this would be a good time to review the potential consequences of a life insurance policy which is classified as a Modified Endowment Contract (MEC). Even seasoned agents and advisors sometimes get confused by this issue. Read more…

Categories: Life Insurance Tags: ,