Omega Builder Indexed Life

[steeplechaser83]

Any opinions or insight into the performance and fee structure of Minnesota Life's Omega Builder Indexed Life Policy? Thanks!

 

[arlandk]

The Omega product is a great design for an IUL. If your intent is to Max Fund a life policy the goal is to get the death benefit as low as possible. The IPA rider on this contract reduces your cost of insurance drastically witch puts more of your premium dollars toward the cash value. As an advisor I would go to the Omega first for any clients looking for an IUL.

Hope this helps!

 

[steeplechaser83]

Thanks, Arlandk! Very helpful!