Updated September 6, 2023, at 9:51 PM
Finding the right financial solution for clients can be difficult, especially when we’re talking about emergency savings.
On the one hand, they need some liquidity. On the other hand, you hope they never need it. You want it to be safe, but you’d also like to see it grow.
There are many factors to consider when deciding where to stash a client’s rainy-day fund, but a modified endowment contract (MEC) life insurance policy may just be your lucky charm.