Broker Dealer Suggestions

[DHK]

You're wrong, what you're supposed to do is have them refinance their house and dump $100k into an IUL with $20k annual premiums.

(please no one take me serious on that - but I've seen agents out there promoting this very thing in years past)

But the $100k has to go into a 5-year SPIA first, or it might not be available later!

 

[just some f.e.llow]

But the $100k has to go into a 5-year SPIA first, or it might not be available later!

Don't you just take the monthly SPIA payments and send that straight to the iul company as premium?

 

[DHK]

We were joking around... but you can do monthly or annual SPIA payments and send it to the IUL company.

 

[just some f.e.llow]

We were joking around... but you can do monthly or annual SPIA payments and send it to the IUL company.

I was too, my friend.
Forgot sarcasm font.

And yes, I guess you could do that.