I spoke to an agent today about an IUL today he was going to try to sell me for supplemental retirement income. It was based on I think he said option (A) minimum death benefit max cash value. He said I would get the death benefit and cash value. I told I would think about it. After doing research seems if I start out at option B and later switch to option (A) after I stop funding the policy in 25 years. Since I'm switching back to option A level would I still get both cash value and the death benefit.
Am I correct on this?
Am I correct on this?