Over 150.000 insurance professionals and consumers come to the Insurance Forum every month. Click here to register for FREE


Go Back   Insurance Forums > Insurance Agents and Brokers Forum > Indexed Universal Life Forum

Reply to IUL Life Insurance Company in So California?     
Old 12-03-2015, 01:10 PM   #1
Guru
Freddie on IUL Life Insurance Company in So California?
 
Join Date: Dec 2008
Posts:429
State: Freddie is an Insurance Agent from Florida
IUL Life Insurance Company in So California? IUL Life Insurance Company in So California?
A few years ago I saw a good analysis using IUL for retirement and eventual tax free income in retirement. They used a life insurance company in So Cal, possibly San Diego. It was not Pac Life. They minimized the death benefit to make it more of a retirement vehicle. It seemed like it might be very good for someone who maxed out their IRA.

It seemed like a better alternative to a Fixed Indexed Annuity for the right person. The ability to pull money out down the road was pretty attractive. I realize IUL's have been and are being oversold in many cases.

Any ideas? Or is North American a good alternative? Thanks.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?

Old 12-03-2015, 08:10 PM   #2
New Member
 
Join Date: Aug 2013
Posts:2
State: bedrosiani is an Insurance Agent from
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
Hello,
North American is a good company, but lately I have been using North Life Group/LSW which is a great one too.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 12-04-2015, 09:10 AM   #3
Guru
 
Join Date: Aug 2013
Posts:1,034
State: pfg1 is an Insurance Agent from Virginia
pfg1 is a member of 1000 posts VIP club
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
There are plenty of good companies that offer IUL's that can be designed at you stated. NA, LSW, Lincoln, ANICO, and many more. What you are describing is more of policy design than a particular product...and is not limited to one particular company.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 12-04-2015, 09:58 AM   #4
Super Genius
Lewis_FL on IUL Life Insurance Company in So California?
 
Join Date: Jun 2013
Posts:149
State: Lewis_FL is an Insurance Agent from Undisclosed Location
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
Must have been a WFG recruitment meeting...They like WRL or Transamerica.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 12-05-2015, 07:56 AM   #5
Guru
Freddie on IUL Life Insurance Company in So California?
 
Join Date: Dec 2008
Posts:429
State: Freddie is an Insurance Agent from Florida
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California? Freddie is the thread starter for: IUL Life Insurance Company in So California?

Originally Posted by Lewis_FL View Post
Must have been a WFG recruitment meeting...They like WRL or Transamerica.
Ha ha! No. It was about 6 years ago at a big FMO. The guy has become pretty successful with two offices in MI and TX. He would use an IUL to move larger sized IRA's instead of a Roth conversion.

I want to say it might have been Columbus Life but they are in Columbus, OH. I am pretty sure they are in the San Diego area. They were a solid company and at least A rated.

Thanks for the other suggestions and for pointing out it is just the policy design versus any individual company. I knew that was the case but was trying to remember the company.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 12-17-2015, 11:35 PM   #6
New Member
benefitguy on IUL Life Insurance Company in So California?
 
Join Date: Mar 2015
Posts:8
State: benefitguy is an Insurance Agent from
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
Originally Posted by Freddie View Post
Ha ha! No. It was about 6 years ago at a big FMO. The guy has become pretty successful with two offices in MI and TX. He would use an IUL to move larger sized IRA's instead of a Roth conversion.

I want to say it might have been Columbus Life but they are in Columbus, OH. I am pretty sure they are in the San Diego area. They were a solid company and at least A rated.

Thanks for the other suggestions and for pointing out it is just the policy design versus any individual company. I knew that was the case but was trying to remember the company.
I have built a successful team in Los Angeles using the same Tax free Alternatives. these are the companies I use in order, National Life for the living Benefits, F&G life no cap Proprietary product with SYNCIS my company only on certain Index product and insane term rider that can be added to age 100 for real cheep, We do offer GA contracts. Anico if outside California and if it is a government employee, Living benefits outside California. and AIG as a last resort. And no I don't work with WFG, FEG, PHP. Our office does about 20 million a year. I believe these are great alternatives to qualified plan and should be used in addition 401k, IRA, Roth IRA. They need to be set up the proper way or the client may get hurt and have tax consequences, I like to make sure the product has overloan protection and offers LIVING BENEFITS, I like to add the the term rider so if need be the client is able to use the term benefit first and if a must use the cash value part.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 12-24-2015, 03:30 PM   #7
Guru
mickeyma on IUL Life Insurance Company in So California?
 
Join Date: Apr 2008
Posts:368
State: mickeyma is an Insurance Agent from California
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
It seemed like a better alternative to a Fixed Indexed Annuity

They probably were referring to a single-premium life policy. Could have a no-lapse rider attached.

If you're looking for a great life company for cash-value policies, check out Midland National Life in Sioux Falls, SD. I've been with them for the last 9 years and it's the best one I have worked with in 36 yrs selling life ins.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 02-22-2016, 01:46 PM   #8
New Member
EZ_FL_Guy on IUL Life Insurance Company in So California?
 
Join Date: Jan 2016
Posts:6
State: EZ_FL_Guy is an Insurance Agent from Florida
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
Yeah FEG is out there and they are location in the San Diego area. Rancho Cordova i think...

------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Old 05-06-2016, 06:18 PM   #9
Super Genius
 
Join Date: Jan 2016
Posts:65
State: louiefrias is an Insurance Agent from
IUL Life Insurance Company in So California? Re: IUL Life Insurance Company in So California?
Sounds like a solid set up...always keeping the client in mind. Money is a byproduct of doing a great job. DO you have a website we can look at BenefitGuy?

------------------------------------
Louie Frias
Corporate Sales Trainer
NV DOI Lic. No. 84574
CA DOI Lic. No. 0L23456
877.497.8533
MyPrivatePensionPlan.com
  Reply With Quote to IUL Life Insurance Company in So California?
Old 05-08-2016, 05:18 PM   #10
Super Genius
 
Join Date: Dec 2006
Posts:167
State: L5tc is an Insurance Agent from Undisclosed Location
IUL Life Insurance Company in So California?
How do you use "iuls instead of a Roth conversion" huh? You roll Traditional IRA's into the cash value? I'm sure that's not what you meant.
------------------------------------
  Reply With Quote to IUL Life Insurance Company in So California?
Reply to IUL Life Insurance Company in So California? 

  Insurance Agent Forum > Insurance Forums > Insurance Agents and Brokers Forum > Indexed Universal Life Forum


Tags
life insurance




Similar Threads with IUL Life Insurance Company in So California?
Thread Thread Starter Forum Replies Last Post
Life Company That Allows Rebating in California Thatguy Life Insurance Forum 21 02-28-2017 10:30 AM
Buy Term And Invest The Difference Atlas Life Insurance Forum 205 11-04-2016 11:40 PM
IUL Questions pfg1 Indexed Universal Life Forum 68 12-17-2015 11:59 PM
Mega Strikes Again NASE/UGA/HEALTHMARKETS moonlightandmargaritas Health Insurance and Ancillary Benefits 570 03-11-2013 11:36 AM
Life Insurance Buyers Guide Article Contributor Life Insurance 0 07-12-2009 11:38 AM



All times are GMT -5. The time now is 02:22 PM.

Forum enabled with vBulletin®
Copyright ©2000 - 2017, vBulletin Solutions, Inc.


Join the Forum - It's FREE

Share This Page



Weekly Poll

Where do we go from here? POLL
Nothing - No ACA fixes - status quo
29.82 %
HHS Rulings and band aid bills
17.54 %
Hail Mary repeal and/or replace bill
17.54 %
A bipartisan bill to fix ACA
35.09 %

Voters: 57. This poll is closed