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OK, So I have a prospect that is 45 years old, PREF. NT; Wants 300k in Perm.
I have run a MoO accum UL that puts him around 270/mo at target. CV is not the best but it almost breaks even in about year 20. over funding is certainly a viable option. When I run the quote through other carriers for an IUL. The cheapest thing I'm finding is around 425-450/mo. (trans, North AM., one other one that escapes me)
Maybe I'm doing something wrong. It is a brokerage that is new to me. But its still winflex which I am used to.
I've written a lot of accumULs, and I've also written a few FIA's, but I'm not understanding the cost difference between the two ULs; I would have assumed the premium would be very similar between the two policies.
any input would be greatly appreciated; I know there are some individuals on here that are the kings of IUL. Which is what I'd like to become someday *sighs heavily*
I have run a MoO accum UL that puts him around 270/mo at target. CV is not the best but it almost breaks even in about year 20. over funding is certainly a viable option. When I run the quote through other carriers for an IUL. The cheapest thing I'm finding is around 425-450/mo. (trans, North AM., one other one that escapes me)
Maybe I'm doing something wrong. It is a brokerage that is new to me. But its still winflex which I am used to.
I've written a lot of accumULs, and I've also written a few FIA's, but I'm not understanding the cost difference between the two ULs; I would have assumed the premium would be very similar between the two policies.
any input would be greatly appreciated; I know there are some individuals on here that are the kings of IUL. Which is what I'd like to become someday *sighs heavily*