Who Offers a Good Paid Up Policy????

[briko3]

I have a 77 year old that will probably rate standard who has $20,000 worth of built up dividends in a policy with a face amount of $2500. I'm wondering if you guys know of a company that has a good paid up policy for that $20,000. It has to be guaranteed not to lapse.

Thanks for the help!!
- Chris

 

[Newby]

I have a 77 year old that will probably rate standard who has $20,000 worth of built up dividends in a policy with a face amount of $2500. I'm wondering if you guys know of a company that has a good paid up policy for that $20,000. It has to be guaranteed not to lapse.

Thanks for the help!!
- Chris

I would look at single pay policies from Settlers, Baltimore, Americo, Royal Neighbors, Oxford, etc.

See which one gives him the most death benefit. Single pay whole-life policies never lapse.

I guess there are some UL single pay policies you could put him in that may have higher death benefits but may have a chance of lapsing.