Can the proceeds from a 1035 exchange be used to pay or reduce the premium on a new universal life policy?

I don’t see why the 1035 money can’t be used to pay back-premiums. I mean, you could conceivably use cash from a prior policy to completely fund a new one,… Read More

 

Want to learn more?
Read my free guide, How To Get Great Life Insurance Rates and learn how you can get life insurance companies to compete for your business, at no risk or extra cost.