Government Allotment and Non Med IULs

[a_wolf]

I have a client that wants an IUL he can pay for through Government Allotment. The carrier I've been using for non med IULs does not accept Government Allotment.

What are the best carriers for a Non Med IUL that accept Government Allotment?

Also, do you have to use a TPA or do most carriers that offer that option accept it directly?

 

[scagnt83]

Which carrier has a nonmed IUL? And other than for declines, why in the world would you want a nonmed IUL??

 

[cowgoesMoO]

maybe try phoenix, I know they have a simplified issue IUL.

IDK about the gov allotment thing

 

[DHK]

American National has express underwriting (no medical exam) up to $250,000.

And, I too, don't know about the government allotment thing.

 

[Lewis_FL]

ING, I mean VOYA, has a non-med IUL. They have military and civil service allotment capabilities too.

 

[Lewis_FL]

Oh yeah Principal has an IUL and non-med up to $1,000,000 but only if Preferred or Preferred+. The only payment options on the app are EFT and List Bill. Don't know if they do gov't allotment...

 

[a_wolf]

Thanks! I think American National accepts Government Allotment so I'll check them out along with and VOYA. I usually use LSW for non med IUL, but they only take EFT.