I've run into several occasions where a client has existing coverage. On two of these occurrences, they were old UL plans, where the cash value was being eaten away and in a year or so the premium would either go up, or the face amount would begin to reduce.
So, I did a 1035 exchange into NGL's Asset Guard. Took the premium they were paying and applied that into a WL F/E plan.
One of the cases I was able to increase the overall amount of insurance and keep the premium the same. With the second I was able to have them break even on the face and save them a few bucks. *Not to mention the
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So, I did a 1035 exchange into NGL's Asset Guard. Took the premium they were paying and applied that into a WL F/E plan.
One of the cases I was able to increase the overall amount of insurance and keep the premium the same. With the second I was able to have them break even on the face and save them a few bucks. *Not to mention the
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