Dale M Krause
Expert
Certainly! ELCO Mutual, an insurance company in Lake Bluff, Illinois, offers a new guaranteed-issue whole-life product called Presidio Plus.
Presidio Plus is a whole life insurance product offering clients a guaranteed issue. It combines the benefits of life insurance and irrevocable trusts, allowing clients to set aside funds for their loved ones in an estate trust controlled by the insurance company. This ensures that their beneficiaries receive a payout for a death benefit. Presidio Plus is designed to be affordable and easily accessible without medical exams or underwriting. It is an ideal choice for those who wish to give a gift after death without worrying about the high costs usually associated with irrevocable trusts or the Medicaid five-year lookback period.
To learn more, please consult ELCO Mutual's website: [EXTERNAL LINK] - Life Insurance and Annuities | ELCO Mutual.
Presidio Plus is a whole life insurance product offering clients a guaranteed issue. It combines the benefits of life insurance and irrevocable trusts, allowing clients to set aside funds for their loved ones in an estate trust controlled by the insurance company. This ensures that their beneficiaries receive a payout for a death benefit. Presidio Plus is designed to be affordable and easily accessible without medical exams or underwriting. It is an ideal choice for those who wish to give a gift after death without worrying about the high costs usually associated with irrevocable trusts or the Medicaid five-year lookback period.
To learn more, please consult ELCO Mutual's website: [EXTERNAL LINK] - Life Insurance and Annuities | ELCO Mutual.