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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
February 18, 2005 at 07:00 PM
NU Online News Service, Feb. 18, 2005, 3:54 p.m. EST
Bankers Life of New York, Woodbury, N.Y., has introduced a rider that can help protect life insurance policyholders against loan-related lapsation.[@@]
Bankers Life is selling the rider, the Life Protector Paid-Up rider, to customers ages 18 to 85 who own its Capitol Solution universal life policy or one of its 3 equity-indexed universal life policies.
All of the life policies offer access to policy loans.
The new rider can protect policyholder-borrowers against loan-related lapses, pay up the policy when certain conditions are met, and keep “phantom income” from generating unwanted taxable income, Bankers Life says.
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