The Instant Growth Accelerator

This product allows a client to either make a lump sum deposit from their savings or move the cash value from another policy that they have to purchase a ‘paid up’ life insurance policy. This is a very popular option for many retirees who do not want to continue making premiums on their life insurance policies during their retirement years.

Did you know that many universal life policies sold in the 80’s and 90’s are running out of cash value and will require the insured to pay far more in premium just to keep it from lapsing?

Agents can stop this from happening by moving the remaining cash value from that failing universal life plan (via a 1035 exchange) into a single premium plan that would allow the insured to no longer make any additional premium payments.