Every client is unique and their reasons for completing a Life Insurance 1035 exchange differ.Some folks do an exchange to reduce their premium, others want more death benefit, better guarantees or a Long Term Care Rider. Here are testimonials from some of our clients:
A different agent proposed the 1035 Exchange. I understood the concept, but was not completely comfortable. I asked 1035 Exchange Advisors to take a second look. My wife and I quickly realized we could trust Eric and staff. Their process, oversight and knowledge gave me the confidence to do the exchange.
I was able to include a Long Term Care Rider and still reduce my premiums. The other agents I spoke to never told me about this rider.
My wife and I did the exchange with Eric several years ago. His personal service did not stop after implementation of the new policy. Rather, we get together a few times each year to review and answer new questions that come up. He has become more than an insurance expert, he is a trusted advisor.
Several 1035 Exchange proposals had been made to me over the years, but I never had the confidence to pull the trigger. Now I clearly understand the pluses and minuses. We (our trust) ended up consolidating several policies into one and making my life much easier.
I would highly recommend Eric for financial and insurance matters!
I was referred to Eric after having had a series of disappointing experiences with other agents. My disappointment in other agents stemmed from what I perceived, specifically in the life area, as inadequate knowledge of the products and complexity thereof, that they recommended. Eric immediately struck me as a person with deep knowledge of insurance from a career dedicated to that industry. He took the time to understand my needs and recommended 1035 exchange life insurance as a potential solution for my life insurance needs. It also served my Long Term Care needs at the same time. What’s more is after the sale, Eric has taken the time to follow up with any information that he believes I might find helpful. Eric is not only knowledgeable and a true professional, but also genuine in his personality. I believe the industry needs more professional like him!
I owned several older policies. Eric’s 1035 exchange increased my insurance coverage and eliminated my premiums. It also added a Chronic Illness rider which helps me financially if I need long term care. My family and I were very happy with the work he and his firm performed.
The insurance company told us we would only need to make ten years of payments. Seven years later, Eric’s firm requested updated information indicating that the premiums would need to be paid much longer. My insurance trust did a 1035 life insurance exchange and the new policy boosted up my life insurance for the same premium. It also guaranteed the premium along with the premium paying period and included a Chronic Illness Rider. I was very pleased with the work Eric and 1035 Exchange Advisors achieved.
It was just like refinancing my mortgage for a much lower rate, but better. My only regret is that I did not talk to Eric sooner about a life insurance 1035 exchange.
My premiums went down and my coverage went up. If you need life insurance 1035 exchange advice, I encourage you to talk to 1035 Exchange Advisors in Chicago, Il. They made it all very personal and easy to understand.
We discovered that the policies my trust had been paying into for years were under-performing with lower cash values than originally projected. If it wasn’t for Eric and his team, those policies would have eventually lapsed before I did and I’d be scrambling for life insurance coverage. Instead, I now have policies with lower premiums that will last as long as I do.
After inquiring about a 1035 exchange, Eric forwarded me an article he wrote. It was very helpful and enlightening. After that, he and his staff walked me through all the steps to complete the life insurance 1035 exchange. It was a pleasure to work with such knowledgeable people.
I purchased five Northwestern Mutual policies over the years and needed (to my surprise) keep paying premiums. Eric and his firm designed a life insurance 1035 exchange that significantly increased my coverage for the same premium. It also provided a Long Term Care Rider inside the new life insurance policy.
Our need for life insurance was designed to benefit a charity, but the old policy we had was not performing. Eric first walked us through the 1035 exchange with life insurance. Then, he and his staff implemented the transaction which replaced the old policy with one that was far more cost effective. They were terrific and have our thanks.
My wife and I were very happy with the extra effort and creative planning that Eric provided. He did a terrific job and pointed out many insurance related ideas we never thought of.
Eric has been helping me for over 20 years as a valued trusted advisor. I am aware of others in Eric’s industry who are fast talkers and put strong pressure on clients to decide. Rest assured, that is never the case with Eric. He is very effective in explaining complicated life insurance concepts in plain words and was very patient with me as I was considering my choices. I also appreciate his independent status which means that he will advocate for you and can competitively seek out best rates and terms.
As a physician, I appreciate having an advisor I can call to guide me through certain financial planning issues. It was a true pleasure dealing with someone who truly understands life insurance. Eric and his team have my full recommendation.