Nov 27, 2013 #1 T tdeng New Member 1 The son is 23 years old and earns an annual income of 60K. He has no debt. Can a parent buy an IUL policy on the son with the parent being the policy owner? Or does the son have to buy the policy himself so that he will be the policy owner? Thanks for your comments!
The son is 23 years old and earns an annual income of 60K. He has no debt. Can a parent buy an IUL policy on the son with the parent being the policy owner? Or does the son have to buy the policy himself so that he will be the policy owner? Thanks for your comments!