If I Can Save 300 Bucks Per Month, What Is The Minimum Life Insurance I Can Have In A Eiul If I Want It …?
filled with the most money it can contain according to the TEFRA guidelines in five years?
Posted by BradH Date: Tuesday, September 1, 2009
Categories: Universal Life
Tags: EIUL, Universal Life Policy
it depends on the amount of death benefit, your age and other costs of the policy.
You need to get someone to run a proposal (and every contract will be a little different).
Ask them to run a maximun non-mec proposal and a guideline premium proposal.
If you’re asking what’s the minimum amount of Death Benefit, that depends on the contract. I seen some UL’s that allow for as little as 25K.