Success Story of the Month: From LIRP to Legacy

Quick Facts

• Age: 53

• Client goal: To leave at least $1M to the daughter after taking lifetime income from the policy

• How the client was found: Client is a referral from an estate planning attorney

• Income / Net-Worth: $5M+

• Health: Excellent

Concept Presented

Accumulation IUL with term rider

Problem(s) Solved

• Client wanted to make sure at least $1M death benefit remained after taking distributions from the policy during her lifetime

• Policy was designed with a term rider that maintained death benefit

• At client’s life expectancy, death benefit is projected at nearly $6M with zero distributions; $1M with $2.3M of lifetime distributions

Key points we have spoken about:

• LIRP

• IUL's

• Term Riders

• Death Benefit

• Distributions

• Retirement

The legacy is secured; retirement is protected