We've talked about how a Whole Life policy can "MEC," but the language around what makes this possible can be confusing. So I'm here to help with more information about the biggest risk to existing policies later becoming Modified Endowment Contracts. I'll also explain how knowing the way these policies can go wrong helps me build strong policies from the start. Listen now! Show highlights include: What a "material change in policy benefits" really means, and how it triggers re-testing for MEC. (0:58) Why dropping a term rider sooner than you planned can be a costly mistake. (1:43) "Overwhelm" reason to carefully watch your policy, even if you trust your agent. (5:23)  How the "10/90" structure became popular with agents, and why I avoid it like the plague. (6:38) Counterintuitive reason you should want a higher base premium. (9:38) Nelson Nash's "anti-fancy" way to build policies. (10:29) The case for minimal term riders. (14:20) Reach out to me: [email protected] https://www.linkedin.com/in/valerie-laroque-lacp-b569509 Infinite Banking Mastery (infinitebankingnorthwest.com)  

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