Q&A – Funding Sources

Question:  Do you have anything that outlines all of the ways to pay premiums for Asset Care and/or Annuity Care?

Answer:  We certainly do.  The piece is a concise graph that shows the many ways that premiums can be funded.

Two things to remember,

  • for recurring premium Asset Care, the premium durations can be 5 years, 10 years, 20 years, or pay to age 95 with the option to be funded annually, semi-annually, quarterly or monthly, and
  • for both Asset Care funded with a single premium and Annuity Care I & Indexed Annuity Care, the Continuation of Benefit Rider (COB) premium can be paid as recurring premiums.

For more info on funding options, please contact either Justin Fox or me.