Replacing Rental Income with Whole Life/IUL?

Sep 15, 2016

Tags:
  1. calbear
    Offline

    calbear New Member

    Posts:
    10
    Likes Received:
    0
    I normally sell term insurance. I have a client with a rental property that he wants to sell but he still wants a monthly income stream and a death benefit so that he can pass on something to his daughter. What are some of the options? How would single premium whole life vs indexed annuity vs whole life w/pua look?
     
    calbear, Sep 15, 2016
    #1
  2. jboussea
    Offline

    jboussea Guru

    Posts:
    592
    Likes Received:
    50
    Does he want the income right away or some time in the distant future?
     
    jboussea, Sep 16, 2016
    #2
  3. pfg1
    Offline

    pfg1 Guru

    Posts:
    1,462
    Likes Received:
    265
    State:
    Virginia
    Need way more info to even come close to giving an answer.
     
    pfg1, Sep 16, 2016
    #3
  4. je-homes
    Offline

    je-homes New Member

    Posts:
    2
    Likes Received:
    0
    You can't give advice on this subject as you have nothing but immediate annuities to offer him. You have no idea the value of the real estate or what alternatives he could gain otherwise. This could be a bad e&o deal for you.
     
    je-homes, Sep 16, 2016
    #4
  5. recea
    Offline

    recea New Member

    Posts:
    6
    Likes Received:
    0
    calbear
    Get in touch with me as I have some ideas that could help your client.
    recea
     
    recea, Sep 16, 2016
    #5