Using a SPIA to Purchase Life Insurance
Submitted by Edwards & Associates Financial Services, Inc. on September 7th, 2017
If you work with older, high net worth clients, you have most likely uncovered the need for life insurance, either to provide estate liquidity or for the purpose of increasing a family legacy. Whatever the reason, a life insurance policy is a major purchase for older clients, often requiring the payment of large premiums for the remainder of their lives.
