Advisors often spend too much time scrutinizing investments underlying a private placement variable life insurance (PPVLI) policy and too little on the product's underwriting process. This can be a costly mistake. The mortality charges associated with providing a death benefit under a PPVLI policy are the most significant a policyholder will incur. I've seen advisors steer a client to a PPVLI policy because it had two basis points less in investment charges than other policies — while
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]
