To woo younger clients, New York Life halves its minimum DIA premium

By Mon, Oct 7, 2013

The primary funding method for New York Life’s book of GFIA business, which has an average initial premium of $100,000, is via a rollover from another qualified plan. So far, the primary funding method for GFIA policies with an initial premium of $5,000 is through IRA contributions.

TO READ THIS ARTICLE, PLEASE SIGN IN OR SUBSCRIBE
Not Yet a Member?
What's Included?
Subscribe Now!
$25.00 per month(recurring)