10,000 Single Premium Life Policy

[Edson]

A 65 year old male non-smoker at standard health class could get a 25k single premium UL with Genworth through age 109, where it lapses. If he qualified for preferred, it would not lapse.

I can e-mail you the illustration if you'd like.

 

[dgoldenz]

This post is 3 years old...

 

[billyb2909]

A 65 year old male non-smoker at standard health class could get a 25k single premium UL with Genworth through age 109, where it lapses. If he qualified for preferred, it would not lapse.

I can e-mail you the illustration if you'd like.

I would appreciate that, it is 250k instead of 25k just to be sure. My email is [email protected], and send the comp on that product as well.
Thanks,

 

[dgoldenz]

That Genworth UL is going to kill the cash value....are you saying he has $250k to buy a single-premium policy with, or he wants a $250k death benefit?

 

[Edson]

I would appreciate that, it is 250k instead of 25k just to be sure. My email is [email protected], and send the comp on that product as well.
Thanks,

I was actually replying to the original post, which I did not realize was from 2006. Dgoldenz is right, the UL would kill the cash value in no time at the guaranteed 3%.

 

[padthaiforlunch]

Where is the money now?

I have a client who has 250k, and he wants access to it and isnt as concerned about the growth. Just the safety of the product. Who would have the highest interest earning single premium whole life? He is 57?