I have a customer that wants to buy a small FE policy specifically to leave the death benefit to his church.
He will pay the premium, he will own the policy, the beneficiary will be his church.
On the surface, there doesn't to be anything wrong with this. But will UW flag this?
Also, if it is kosher, do I just write the name of the church on the beneficiary line of the application, or do I need more info from the church?
He will pay the premium, he will own the policy, the beneficiary will be his church.
On the surface, there doesn't to be anything wrong with this. But will UW flag this?
Also, if it is kosher, do I just write the name of the church on the beneficiary line of the application, or do I need more info from the church?