Bobby.Simmons.Pro
New Member
- 3
New Product from AMZ/Minnesota Life.
Built on the Minnesota Life Eclipse Frame
It uses a contractual agreement to designate a portion of the Death Benefit to be annuitized. This allows more cash value for max funding.
The Death Benefit options are decided at the beginning of the contract instead of the completion.
Anyone familiar with this product?
I would like to hear why people would be reluctant to use this product if they could be shown that it will work like its supposed to.
The main concern i have heard is that there could be big legal problems down the road from poorly informing buyers about the payment of the death benefit.
Anyone else have any ideas/concerns/reservations for different reasons.
I have run illustrations and it does seem to have the lowest COI, and therefore the best CV buildup.
Built on the Minnesota Life Eclipse Frame
It uses a contractual agreement to designate a portion of the Death Benefit to be annuitized. This allows more cash value for max funding.
The Death Benefit options are decided at the beginning of the contract instead of the completion.
Anyone familiar with this product?
I would like to hear why people would be reluctant to use this product if they could be shown that it will work like its supposed to.
The main concern i have heard is that there could be big legal problems down the road from poorly informing buyers about the payment of the death benefit.
Anyone else have any ideas/concerns/reservations for different reasons.
I have run illustrations and it does seem to have the lowest COI, and therefore the best CV buildup.
