Opportunities with Mirrored Loans

Mar 24, 2023

When it comes to mirrored loans, what are some of the opportunities? Zach Gosselin sat down with Prudential’s Chuck Perrault to discuss what to do when your client’s policy has a loan last year. We've seen an uptick in requests for loan rescue this year, so we are rereleasing this episode.

The following questions get answered in this episode:

• How does a policy end up with an outstanding loan?
• What are the major implications a policyholder needs to understand if they currently have a loan existing in a permanent life insurance policy?  What are the client’s options?
• When an advisor is conducting a policy review and uncovers a policy with a loan, what are some of the most common situations you see where the policy can be repositioned into a new product for better long-term performance?
• What makes Prudential uniquely able to help your clients in this situation?