Since our founding in 1979, BUA has been driven by a commitment to agents and their clients.  As Ohio’s largest full service, wholesale Brokerage General Agency, we serve thousands of insurance professionals across the country.  Our agent resources, case design and underwriting expertise provide you with products and customized client solutions not available anywhere else. Whether you're a longtime BUA broker or about to write your first case, we strive to make brokerage better.

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02-13-2020

Help Relieve the Client's Policy Loan Burden

During a policy review, you may come across an existing policy with significant accumulated cash value. However, you see that loans have been taken from the policy to pay for the premiums and/or to fund cash withdrawals. Those loans, combined with higher mortality costs, and high loan interest charges have subjected the policy to a potential unintended lapse. What can be done to relieve the client's policy loan burden?

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