Agents don't mention PUA rider, why?

Mar 24, 2019

  1. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    Sure there are! The promises of the contract are only as good as you making the payments! (Yeah, I know, that's every contract.)
     
    DHK, Apr 10, 2019
    #81
  2. ls015
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    ls015 Expert

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    I have one more question on Guardian PUAR. Is the 5% service fee on just the current year's PUA premium or is it on the whole cash value of PUA?
     
    ls015, Apr 20, 2019 at 5:15 PM
    #82
  3. Lloyds of Lubbock
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    Lloyds of Lubbock Super Genius

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    It is on your annual out of pocket premium or modal.
    This is not unique to guardian.
    If you use the ipf rider, the sales charge works differently.
     
  4. Allen Trent
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    Allen Trent Guru

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    It is a load fee when the deposit is made. So, if you make only 1 lump sum purchsse it is 1 time. If you make annual purchases, it applies each year on the new premiums used to purchase PUAR, not on the piled up PUAR that are already built up
     
  5. Lloyds of Lubbock
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    Lloyds of Lubbock Super Genius

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    Correct.
     
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