LIRP - Life Insurance Retirement Plan - Company Documents
2010s
- Year-? - NYL - How to Create a Life Insurance Retirement Plan, New York Life - 5p
- 2014 - John Hancock - Sales Strategy - Life Insurance in Retirement Planning (LIRP): Using Life Insurance to Supplement Retirement Income - 2p
- 2015 - Prudential - Life Insurance in Retirement Planning: How Permanent Life Insurance Can Help Meet Your Death Benefit Needs And Enhance Your Retirement - 8p
- 2016 - Prudential - https://www.gbslife.com/media/1267/interactive_client_profiler_lifeinsurance_pru.pdf
- 2016 - Prudential - https://www.idakc.com/docs/advanced_marketing_files/PruLIRP%20eKit.pdf
- 2016 - Principal - https://assets.ctfassets.net/egakl9jfw3lg/4pBvnAH8vm0Ks644WiGOEo/108ab64a12b0e9e94fdab9b9219aec10/Principal_LIRP.pdf
- 2019 - Foresters - https://www.empowerbrokerage.com/wp-content/uploads/2020/05/504591-us-1219-foresters-sales-concept-guide_lirp.pdf
2020s
- 2021 - Wells Fargo - Insurance Strategic Relationship Handbook - 83p
- p32 - Common items generally flagged for correction
- Do not refer to "plans" or "programs" when only life insurance is presented. For example, make it clear that life insurance is not a retirement plan or “LIRP” but it may provide funding for retirement needs as a secondary benefit.
- The concept of using life insurance to supplement retirement income is approved, however referring to this concept as Life Insurance Retirement Plan, Life Insurance Retirement Planning and/or using the “LIRP” acronym is prohibited.
- Do not refer to life insurance as an investment or savings plan.
- Material discussing the use of life insurance for estate or tax planning purposes should include a tax and legal notice.
- 2022 - Prudential - https://www.prudential.com/content/dam/us/sites/financial-education/how-can-life-insurance-help-manage-taxes-in-retirement_PDF/1022550-00005-00%20The%20Tax%20Advantages%20of%20Life%20Insurance.pdf
- 2023 - newyorklife.com/articles/life-insurance-retirement-plan
- Which life insurance policy is best for retirement planning?
- If you plan on using life insurance to help fund your retirement, it’s important to purchase a policy that offers significant cash value appreciation potential as a feature.
- That means you will want to consider three types of coverage: whole life, and variable universal life.2
- Which life insurance policy is best for retirement planning?
- 2023 1214 - Lincoln Financial - Does America have a math problem? - [link]
- Steve Sabol is the Sales Vice President for Lincoln Financial ... Lincoln DesignItSM/WinFlex sales concepts, including the LIRP/SRP concept.