Single Premium Whole Life Question

Are there any companies currently offering guaranteed issue SPWL now that Settlers has stopped?

There are several that do but they are pre-need style which means not much initial bump in the face amounts. There is gradual growth to the face amount each year.

Also terrible commissions on the upper ages.

You can look at products from NGL, Unity, and FDLIC for these. ForThought bounces in and out of that market also. Who knows if they are in it right now or not.
 
close to dollar for dollar, useful for medicaid spend downs or more for wealth transfer
 
Last edited:
For a spend down , not assigning an existing policy, many have $$ needed to spend down to qualify for nursing home medical asisstance. Generally , putting it into a single pay for tax benefit-transfer reasons
 
Back
Top