Hi Hutch, for the new Penn policy, is it just the PUA that is being front loaded as a 1 Pay? Or is it the premium that is a 1 Pay? From what I gathered, it seems that it is the PUA that is front loaded as a 1 Pay, while the premiums are paid till year 10. Is my understanding correct? The reason I ask is because you did a video in the past comparing Penn's front loaded policy vs spreading out the same front loaded year 1 premium over a few years (more than two yrs, less than ten yrs). So in that design, instead of paying $100k in year one, it was $20k for five years. The conclusion from that video was that the $20k over five years did better long term.
@oldporkchops it's just the PUA that is a 1-pay, but now that Penn offers double the term rider that old analysis will be even better vs Lafayette's special term rider that allows the big first year dump in.
![COLOMBIA vs. CHILE [4-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 10](http://i.ytimg.com/vi/TDjN4W3yy1k/mqdefault.jpg)
Get well now. Great video.
One America looks terrible!!
🙈
Hi Hutch, for the new Penn policy, is it just the PUA that is being front loaded as a 1 Pay? Or is it the premium that is a 1 Pay?
From what I gathered, it seems that it is the PUA that is front loaded as a 1 Pay, while the premiums are paid till year 10. Is my understanding correct?
The reason I ask is because you did a video in the past comparing Penn's front loaded policy vs spreading out the same front loaded year 1 premium over a few years (more than two yrs, less than ten yrs). So in that design, instead of paying $100k in year one, it was $20k for five years. The conclusion from that video was that the $20k over five years did better long term.
@oldporkchops it's just the PUA that is a 1-pay, but now that Penn offers double the term rider that old analysis will be even better vs Lafayette's special term rider that allows the big first year dump in.