- 2,455
I already know we are not supposed to be selling FE for the cash values.
With that said, what final expense companies (the ones people generally associate with final expense insurance) have the best cash value accumulation? When I say the "best", I mean the larger the value in the shortest amount of time (years) or all they all the same? if they vary from time to time (like annuities), which ones are good now?
Also, why I have your attention, why and when would a 10 pay FE policy make sense. What's the pros and the cons?
I have a 70 Y.O. male in good health and she doesn't like the idea of term.........one of my annuity clients and she does her own investments. They have no life insurance and she wants some on him. On the flip side they are frugal as all get out. If I could show her where she is getting at least some cash value she might feel more cozy. I'm also wondering if the 10 pay might be attractive to her.
At this point, all I know is I got a call asking if I sold Colonial Penn and her annual review is up so we are scheduled to meet.
With that said, what final expense companies (the ones people generally associate with final expense insurance) have the best cash value accumulation? When I say the "best", I mean the larger the value in the shortest amount of time (years) or all they all the same? if they vary from time to time (like annuities), which ones are good now?
Also, why I have your attention, why and when would a 10 pay FE policy make sense. What's the pros and the cons?
I have a 70 Y.O. male in good health and she doesn't like the idea of term.........one of my annuity clients and she does her own investments. They have no life insurance and she wants some on him. On the flip side they are frugal as all get out. If I could show her where she is getting at least some cash value she might feel more cozy. I'm also wondering if the 10 pay might be attractive to her.
At this point, all I know is I got a call asking if I sold Colonial Penn and her annual review is up so we are scheduled to meet.