I will personally carry this contract. $100K death benefit, annual premium $150K, must be paid in advance for the year, no refunds of unearned premiums.
Okay, send the DOI inspectors back, I'm just kidding
If you find someone who takes this, let me know. I've had this come up from time to time. I have never spent the time looking for a carrier though, seemed a little late to be worrying about life insurance.
Question: why are they suddenly looking for life insurance? I'm assuming its not for the death benefit itself, but to move money to the heirs tax free? Just curious.....
He wants to leave money behind. Have been talking with him for a while, now that it looks like we are going to move forward, I am sitting behind the 8 ball. I didnt realize that insuring someone that age would be a huge issue. It also has to be relatively cost effective. (whatever that means at his age.
Don't you have a marketing organization to tell you these things? I'm not being rude, really. But al I do is call up my marketer and give him the age, cash rollover if any and health conditions and they will find me the best plan.... Look at www.ibteam.com , they have a quote engine on there that you don't have to wait for a call or email. Or call them, I like them.