I sold business owner an IUL Min death max cash value with North American years back and he absolutely loves it. Here is the problem he doesn't offer any retirement benefits to his employees right now but he called me up wanting to do this for his employees where he pays 25% of the premium. My dilemma is let's say after 6 months the employee leaves willing or fired and it's possible they won't be able to afford it and not enough money to support it without the premium being paid in the beginning.
I just don't think this a good idea am I looking at this wrong?
I just don't think this a good idea am I looking at this wrong?