IUL for NQDC

Apr 23, 2019

  1. jdumond
    Offline

    jdumond New Member

    Posts:
    8
    Likes Received:
    3
    Hello all - Does Anyone have any favorites for a NQDC IUL? I understand products vary, more looking for a carrier that provides value on the illustration as a concept.

    Much appreciated

    jdumond
     
    jdumond, Apr 23, 2019
    #1
  2. bmarsh
    Offline

    bmarsh Super Genius

    Posts:
    158
    Likes Received:
    62
    State:
    Florida
  3. jdumond
    Offline

    jdumond New Member

    Posts:
    8
    Likes Received:
    3
  4. Tahoe Ray
    Offline

    Tahoe Ray Guru

    Posts:
    2,720
    Likes Received:
    429
    State:
    Nevada
  5. scagnt83
    Offline

    scagnt83 Worldwide Expert of Everything

    Posts:
    7,080
    Likes Received:
    581
    State:
    South Carolina
    Thanks Ray. Not as much anymore, but I used to a good bit.

    It all depends on the needs of the client. Some carriers, like LFG, Nationwide, Pac, etc have "turn-key" solutions that utilize their IUL product, but also include TPA services and case design help (from legal experts). Usually they have some type of "simple issue" UW for these policies. But they have minimum premium & participation requirements.

    If they do not qualify for a turn-key program. Then you could use most any IUL carrier really.
     
    scagnt83, Apr 26, 2019
    #5
  6. jdumond
    Offline

    jdumond New Member

    Posts:
    8
    Likes Received:
    3
    Thank you. I will look into this and I appreciate the guidance
     
    jdumond, Apr 26, 2019
    #6
  7. scagnt83
    Offline

    scagnt83 Worldwide Expert of Everything

    Posts:
    7,080
    Likes Received:
    581
    State:
    South Carolina
    No problem. If not utilizing a turn-key program. Be sure to get a qualified Tax Attorney involved to draft the documents.
     
    scagnt83, Apr 27, 2019
    #7