Target Premium
October 17, 2022 by Sheryl J. Moore
I think I am going to rock your world.
(And not in a good way.)
Did you know that target premium has nothing to do with the amount of premium needed to fund a UL?
And I mean any type of UL- universal life, indexed universal life, or variable universal life contract. Target premium has absolutely nothing to do with how the contract should be funded.
TARGET PREMIUM IS MERELY THE AMOUNT OF PREMIUM THAT IS 100% COMMISSIONABLE TO THE AGENT.
Categories: Moore on the Market