Replacing Rental Income with Whole Life/IUL?

[calbear]

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?

 

[jboussea]

Does he want the income right away or some time in the distant future?

 

[pfg1]

Need way more info to even come close to giving an answer.

 

[je-homes]

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.

 

[recea]

calbear
Get in touch with me as I have some ideas that could help your client.
recea